Fhyzics Digest XXII- 22 November

SCM in News

Which are the Worst Sectors for Paying Suppliers on Time?

Almost a quarter of big businesses in Australia are taking more than 120 days to pay SME suppliers, according to research ... Read More

M&As in Logistics Sector Drop Due to 'Nervous' Buyers

Mergers and acquisitions (M&A) in the UK logistics and supply chain management sector have fallen for the third successive quarter amid “fragile” market conditions ... Read More

Why has Cadbury Swapped Bitesize Twirls for full-size Bars in Heroes Tubs?

Cadbury has blamed supply chain problems for its decision to replace bitesize Twirls with full-size bars in Heroes tubs ... Read More

SCM Quiz #200

Brush up your supply chain knowledge by taking our Daily SCM Quiz!?Click here?to take SCM Quiz #200. The correct answer of this quiz and the first 10 correctly answered participants' names will be posted in the upcoming quiz.

The correct answer of the?SCM Quiz 199 is (D) Cycle

The?First 5 correctly answered participants' names of SCM?Quiz?#199 Durai Murugan, Sabithan ,kalairaj, Vignesh, Balendran

Learn SCM Through Videos

International Trade and Supply Chains

SCM Term of the Day

Third-Party Logistics (3PL)

Outsourcing all or much of a company’s logistics operations to a specialized company. The term “3PL” was first used in the early 1970s to identify intermodal marketing companies (IMCs) in transportation contracts. Up to that point, contracts for transportation had featured only two parties, the shipper and the carrier. When IMCs entered the picture as intermediaries that accepted shipments from the shippers and tendered them to the rail carriers they became the third party to the contract, the 3PL.?But over the years, that definition has broadened to the point where these days, every company that offers some kind of logistics service for hire calls itself a 3PL.

SCM & Procurement Job Openings

Position:?Assistant Manager - Supply Chain Management|?Organization:?Tata Group, India |?Source:?Click here

Position:?Supply Chain Manager |?Organization:?IFFCO, UAE |?Source:?Click here

Position:?Oracle Cloud Supply Chain Manager |?Organization:?Deloitte, USA |?Source:?Click here

Position:?EV Supply Chain Manager?|?Organization:?EVera Recruitment, UK |?Source:?Click here

Position:?Category Manager - Supply Chain?|?Organization:?Coles Group, Australia |?Source:?Click here

Position:?Supply Chain Manager?|?Organization:?Pollock & Associates, Africa |?Source:?Click here

Fhyzics Business Consultants Pvt. Ltd. specializing in consulting, professional certifications and executive development programs in the domains of supply chain management, procurement, business analysis and new product development. Fhyzics represents APICS, USA; CIPS, UK; IREB, Germany; BCS, UK; IIBA, Canada and PDMA, USA.?www.fhyzics.net?| M:900-304-9000 | [email protected]