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Keiretsu - The Backbone of Japanese Industrial Transformation
Keiretsu is a business of closely-knit companies based in the Japanese Zaibatsu Family network. Keiretsu is part of Japan's industrial trans
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Sedat Onat
Oct 10, 20232 min read
Container Types (ISO 6346)
As the benefits of containerization became apparent, different container types were envisioned for different purposes. Especially as a resul
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Sedat Onat
Oct 9, 20232 min read
Last Mile Delivery
Last Mile Delivery refers to the delivery of products to the last point, that is, the customer, in supply chain and logistics. In particular
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Oct 7, 20232 min read
TEU - Twenty-foot Equivalent Unit
TEU Twenty-Foot Equivalent Unit represents the carrying capacity of a 20 foot (6mt) Container. It is indispensable for international sea and
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Oct 6, 20231 min read
Reshoring - Pulling Production Into the Country
Reshoring is when a company moves its production processes outside the country back to its home country.
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Oct 4, 20231 min read
Safety Stock
Safety Stock is a type of extra stock held in situations where regular uncertainty in the supply of goods is likely to lead to risks.
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Oct 2, 20233 min read
Friendshoring
Kökeni ticaretin ilk başlangıcına kadar giden Friendshoring, yakın çevre ile iş ilişkisinde bulunmayı ifade eder.
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Jul 10, 20233 min read
F2F - Farm-to-Fork Strategy
It is a strategy created to ensure European Union countries' safe and sustainable access to healthy food. It covers the entire life process
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Apr 15, 20231 min read
E-RFQ - Electronic Request for Quotation
E-RFQ Enables to receive price offers in an electronic environment instead of via mail or printed media.
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Apr 15, 20231 min read
FSN Analysis / FNS Analysis
It is an inventory analysis technique that classifies products according to their flow rates. It consists of the initials Fast, Slow, and No
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Apr 14, 20231 min read
DSI - Days Sales of Inventory / Average Age of Inventory
It is an inventory/financial analysis that calculates how many days the relevant stock is converted into sales/production and, therefore, th
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Apr 14, 20231 min read
DIO - Days Inventory Outstanding
It is a calculation method that calculates how long it takes for the goods in stock and, if possible/necessary, to be converted into sales.
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Sedat Onat
Apr 14, 20231 min read
SCOR - Supply Chain Operation Reference Model
It is a model introduced in 1996 that provides a standard methodology for supply chain management aimed at customer satisfaction.
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Apr 14, 20231 min read
VED Analysis
Initials of Vital, Essential, and Desirable Words.
Quality-based,
An important type of analysis used mainly in the health sector,
Groups pr
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Apr 14, 20231 min read
HML Analysis
H: High Price
M: Medium Price
L: Low Price
It is the price-oriented decision support analysis type of ABC Analysis.
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Apr 14, 20231 min read
Beer Game (Beer Distribution Game)
Beer Game was created in 1960 by MIT Sloan School of Management Lecturer Jay Wright Forester as a result of his System Dynamics research.
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Apr 14, 20232 min read
Bullwhip Effect / Forrester Effect (Whiplash, Whipsaw)
It is the fluctuation caused by the coordination problems of the stakeholders within the Supply Chain. MIT Sloan School of Management Lectur
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Apr 14, 20231 min read
GLN – Global Location Number
The GLN (Global Location Number), which is mostly used in E-Commerce and Pharmacies, indicates the legal entity of the related party.
While
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Apr 14, 20231 min read
COICOP - Classification Of Individual Consumption By Purpose
This code system, published by the United Nations Statistics Unit, aims to classify consumer expenditures (in which income class consumers f
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Apr 14, 20231 min read
KKS Code - Kraftwerk Kennzeichnen System / Identification Systems for Power Plants
It was created to list the equipment in Power Plants and Refineries under a single code set by a committee convened in Germany in 1970 (cons
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