Archive for -Supply Chain

Market Awareness (Forecast is always wrong!)
Aralık 11th, 2016-Supply Chainadmin 0 Comments

Market Awareness (Forecast is always wrong!) The most important component of supply chain is product. The whole process is based on the concept of connecting product with the customer. In today’s conditions, the foremost challenging issues that the companies have difficulty in decision-making process are what products will be produce, what level product diversity will [...]

Activity Base Costing (ABC)
Kasım 22nd, 2016-Finance, -Supply Chainadmin 0 Comments

Some taken decisions may result in frustration if the figures in financial statements which are used for giving many important strategical and tactical decision by doing profit/loss analysis are not correct. First of the biggest mistake that made in cost accounting is incorrect allocation of costs. Many companies allocate the costs with the most basic/general [...]

Lean (Efficiency  /  Effectiveness)

I took the hills by four wheel drives with a group of friends last week. During travelling one of the friends in the group asked me whether our trip was lean or not. According to him, we moved across step by step and lost time to reach the hill meeting with many cases. And these [...]

THE IMPACT OF STOCK TURNOVER, DSO AND DPO ON PROFITABILITY
Aralık 22nd, 2012-Finance, -Supply Chain, Generaladmin 1 Comments

Do we really make profit? Today, many companies are looking for an answer to this question in classic way by using Profit and Loss tables and balance sheets. Theoratically, it is calculated  by subtracted total expenses from total revenue in order to decide whether it is profitable or not. Well, is this method enough to [...]

LOOKING AND SEEING
Aralık 7th, 2012-Supply Chain, Generaladmin 0 Comments

I advised two things to my customers after I search their processes; do not buy and do not produce. It is an interesting advice but I really told them these. Raw material level in the stocks are adequate in the range of six month (some section in 10-12 month degrees), semi-finished stocks are still higher [...]

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