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Role Of Communication In Supply Chain Management
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4. Integrated: If people integrated into a social group,
they mix with people in that group helping the individual integrate
quickly into the community.
5. Embedded: If an object is embedded in a mass of surrounding substance it is fixed there firmly and deeply.
6. Stock Yard: An open storage area where materials etc, that do not suffer attacks from the natural elements are stored.
7.
Code Symbols: Whatever method of coding is followed, the symbols used
are either alphabetical e.g. (OPEC). Coding is the identification of
stock items, by numerals, or letters or by a combination of both, etc.
8.
Operational Discrepancies: This is a situation where, although the
difference between the calculated and physical stock is small, but the
item involved is very important to the operation of the organization.
9.
Administration Costs: This are cost which are independent of quantity.
When goods are held in stock there is a great deal of administration
work involved.
10. Supply Chain handing Cost: When supply chain are
held by an organization, they have to be stored. Simply the cost of
supplying or incurred in supplying.
11. Bins: Are storage equipment used for storage of small, low-cost items, in companies.
12. Pipes: This a means supplying items like water, oil, crude, fuel etc to those who has paid or consumers in need of it.
13. Right Quality: The represents the degree or grade of excellence which is appropriate for a particular purpose.
14. E-Invoicing: Is one of the ways of combining the advantages of centralized facility with a high level of customer service.
15.
E-Procurement: Is yet another terminology associated with purchasing
and supply chain management. And it is one of the most exciting
developments in supply management in an organization.
16. CIF: Cost, insurance and freight.
17. Letter of Credit: Letter of credit is normally for a willing ness to give credit.
18. Management: To control and make decision in a business or similar organization.
19. Role: A function that a person or thing typically has or is expected to have.
20. Shell Company: This is an oil producing firm in Port-Harcourt River State and some parts in Nigeria.
21. Materials: This simply item which is used to produce an item etc?
22. Production: Which is creating utility etc.
23. OPEC: This is organization of petrol Exporting Countries.
24.
Piple Line: This the areas where this fuel, oil etc passes through,
that enable the oil fuel to reach the final consumer either individual
or country.
CHAPTER ONE -- [Total Page(s) 5]
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ABSRACT - [ Total Page(s): 1 ]This study is concerned with examination of the role of communication in a supply-chain management, it will help any firm or organization that are still in doubt as to known the contributions of communication, its effectiveness, efficiency of supply-chain management in an organization at large. The role which the information plays or passes through supply-chain management team to serve the organization better by making supply’s available for use as and when needed; forms the main theme of ... Continue reading---
