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Martin Murray

Updated Articles and Resources

By Martin Murray

    Updated Articles and Resources
    • Transport Documentation Created: Thursday, May 24, 2012 Updated: Wednesday, April 09, 2014
      These documents include the freight bill, the bill of lading and the FOB terms of sale. This article examines these transportation documents." itemprop="description" Thursday, September 11, 2008 Updated: Wednesday, April 09, 2014
      Ariba, founded in 1996 by Keith Krach, offers procurement departments the opportunity to manage, monitor and analyze purchasing expenditures." itemprop="description" Monday, March 31, 2014 Updated: Monday, March 31, 2014
      Hazard Analysis and Critical Control Points (HACCP) is a management system in which food safety is addressed through the analysis and control of biological, chemical, and physical hazards from raw ...
    • Securing Cargo Created: Sunday, March 30, 2014 Updated: Sunday, March 30, 2014
      To ensure that the loads they carry are safe and secure, there are measures that should be taken. If the load is not balanced or secure, this can pose an accident threat to other vehicles on the hi...
    • Small Business Data Issues Created: Sunday, March 30, 2014 Updated: Sunday, March 30, 2014
      Small businesses, by their nature, do not have endless funds and decisions have to be made on how to use their limited resources. However, it is important for small businesses to understand that th...
    • Nearshoring Created: Thursday, March 27, 2014 Updated: Thursday, March 27, 2014
      The term nearshoring covers the situation where a company moves some or all of its operations from to a neighboring country from a nation located on another continent. Much of the current nearshori...
    • Total Quality Management (TQM) Created: Sunday, March 22, 2009 Updated: Thursday, March 27, 2014
      Total Quality Management (TQM) is an approach that seeks to improve quality and performance which will meet or exceed customer expectations. TQM looks at the overall quality measures used by a comp...
    • MRO (Maintenance, Repair and Operations) Created: Wednesday, March 26, 2014 Updated: Wednesday, March 26, 2014
      MRO means “maintenance, repair and operations” or “maintenance, repair and overhaul items” depending on the definition or company you are referring to. These items are used ...
    • Manufacturing Costs Created: Tuesday, March 25, 2014 Updated: Tuesday, March 25, 2014
      Manufacturing costs are important for every company that manufacturers goods to sell. The calculation of the manufacturing costs are important for a company so it can make accurate pricing decision...
    • Labor Costs Created: Saturday, March 22, 2014 Updated: Saturday, March 22, 2014
      There are different types of labor costs such as direct labor costs and indirect labor costs. Direct labor costs are related to the part of the payroll of a company that is specifically associated ...
    • Kitting Created: Saturday, March 22, 2014 Updated: Saturday, March 22, 2014
      Kitting is the term that is used to refer to the assembly of individual items into ready to ship sets, packages or kits. This process will not usually occur until the time the order is to be shippe...
    • Lean Supply Chain Management Created: Sunday, December 14, 2008 Updated: Saturday, March 01, 2014
      Lean supply chain management should be considered by businesses who want to streamline their processes by eliminating waste and non-value added activities. Companies have a number of areas in their...
    • Small Business Shipping Created: Friday, February 28, 2014 Updated: Friday, February 28, 2014
      For small businesses it is a challenge to keep the costs of shipping items low. When negotiating with new customers, the cost of shipping is something that the customer wants to get as low as possi...
    • Accounts Payable Created: Friday, February 28, 2014 Updated: Friday, February 28, 2014
      Every company has to purchase items for their business. For small businesses, purchases could be as simple as office supplies, but for large companies they may make hundreds or thousands of purchas...
    • Electronic Signature Created: Thursday, February 27, 2014 Updated: Thursday, February 27, 2014
      The electronic signature, or e-signature, is the method that shows an electronic indication of intent to agree to a record, contract, or document. Most states in the US have adopted the Uniform Ele...
    • SAP EHS Created: Thursday, February 27, 2014 Updated: Thursday, February 27, 2014
      The Environmental Health and Safety (EHS) component in SAP supports the functionality around the environmental, occupational and product safety processes, regulatory compliance, and corporate respo...
    • Shipping Dangerous Goods Created: Thursday, February 27, 2014 Updated: Thursday, February 27, 2014
      Dangerous goods can be safely shipped but they must be shipped correctly otherwise accidents can happen. Improperly labeled goods and improperly packaged goods have caused serious and fatal acciden...
    • Service Recovery Created: Wednesday, February 26, 2014 Updated: Wednesday, February 26, 2014
      With consumers being the angriest and most frustrated immediately after a confrontation, the comments posted online could be extremely harmful to a business. To diffuse any situation such as this, ...
    • Industrial Robots Created: Wednesday, February 26, 2014 Updated: Wednesday, February 26, 2014
      Manufacturing can be a very labor-intensive process. However, with advances in technology and especially in robotics, some manufacturing processes require less employees, are more efficient, and ca...
    • Benefits of Prototyping Created: Wednesday, February 26, 2014 Updated: Wednesday, February 26, 2014
      Prototyping is a process that manufacturing companies follow when they want to develop a new product. A company can make hundreds of prototypes before they find a specific example that can be taken...
    • Implementing a Warehouse Management System (WMS) Created: Wednesday, November 26, 2008 Updated: Sunday, February 02, 2014
      Warehouse Management Systems (WMS) have been available for decades and initially allowed simple storage location functionality. Today WMS systems can be standalone or part of an ERP system and can ...
    • Buy or Lease Equipment Created: Friday, January 31, 2014 Updated: Friday, January 31, 2014
      A manufacturing company that is setting up or needs to replace a piece of machinery has the choice to purchase a used item, or buy a new piece of equipment. If the item is customized for their use ...
    • Used Equipment Created: Friday, January 31, 2014 Updated: Friday, January 31, 2014
      Manufacturing companies are dependent on equipment to create the finished goods that they sell. The capital investment in the equipment can be very high, it can take years to pay off and costly to ...
    • Optimum Warehouse Location Created: Thursday, January 30, 2014 Updated: Thursday, January 30, 2014
      When a company is looking to set up either a manufacturing plant, distribution center, or service center it can use a number of site location theories to help determine the optimum physical locatio...
    • Vendor Managed Replenishment Created: Thursday, January 30, 2014 Updated: Thursday, January 30, 2014
      When a manufacturing company uses many components for their finished goods, they find that they can spend a lot of time in forecasting, ordering and receiving thousands of items. In many cases, the...
    • Distribution Centers Created: Thursday, January 30, 2014 Updated: Thursday, January 30, 2014
      Distribution centers have been used by major companies for decades and are seen as a vital part of a company’s supply chain. The distribution center can fulfill two needs, the demand of the c...
    • Performing a Risk Assessment Created: Sunday, January 26, 2014 Updated: Sunday, January 26, 2014
      When an organization has identified that it has a potential risk, it will either perform a risk assessment in house, or hire an independent company to carry out an assessment. There are many elemen...
    • Risk Assessment Created: Sunday, January 26, 2014 Updated: Sunday, January 26, 2014
      Every company will encounter situations where there is some kind of risk. This can be an external event, such as a new competitor or new federal regulations, or a situation that arises within the c...
    • Risk Management Strategies Created: Sunday, January 26, 2014 Updated: Sunday, January 26, 2014
      Risk management is a topic which many small businesses would imagine that they do not require, but they probably have already adopted some kind of risk management strategy without even knowing it. ...
    • Sales and Operations Planning Created: Sunday, August 30, 2009 Updated: Wednesday, January 01, 2014
      Sales and operations planning (S&OP), sometimes known as aggregate planning, is a process where executive level management regularly meets and reviews projections for demand, supply and the resulti...
    • Inventory Accuracy Created: Tuesday, December 31, 2013 Updated: Tuesday, December 31, 2013
      Inventory accuracy is the goal of every company, it believes that by having one hundred percent inventory accuracy that scheduling and available to promise processes will work without errors. Howev...
    • Minimum Wage Created: Tuesday, December 31, 2013 Updated: Tuesday, December 31, 2013
      Minimum wage is a very contentious political topic, with voters in a number of states voting to increase the hourly rate for millions of workers. The federal minimum hourly wage was set at $7.25 in...

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