Payment Registration

What are the benefits of using Payment Registration? Simplicity: All processes are brought together on one page to efficiently handle registration of incoming documents. Ability to accommodate various ways of doing payment registration. Productivity: Easy overview of open entries. Easy sorting and filtering across open entries. Less data entry. Ease of Use: In common scenarios, Read More

Organizational Strategy

The following topics are discussed under this section: Goals of Organizational Strategy Whatever strategy the corporation adopts to satisfy customers, grow, compete, organize itself and make money the supply chain has to operate in a manner that furthers those goals. Four types of organizational strategy: Customer focus and alignment Forecast driven enterprise Demand driven enterprise Read More

Supply Chain Management Objectives

Supply chain is more accurately viewed as a set of linked processes that take place in the extraction of materials for transformation into products or perhaps services for distribution to customers. (Definition) Supply Chain Management is the design, planning, execution, control and monitoring of supply chain activities with the objective of creating net value, building Read More

Understanding the Wants & Needs of Each Segment

Understanding the wants and needs of each segment involves market research and gathering information from multiple sources, including customers themselves, which is called the Voice of Customer (VOC). Market Research The wants and needs of prospective and existing customer segments may require phone surveys, questionnaires, focus groups or combination of these approaches. Sources of Customer Read More