Gazi Sanaul Hasan

Supply Chain Management strategy planning and operation"  by "Sunil Chopra, Peter Meindl, and D.V. Kalra". In NITIE (the mecca of supply chain) this book is considered as Bible of supply chain and really helps to understand the concept of the supply chain, strategy framework, planning and operational decisions within Supply chain.   Best books of Supply Chain Management & Logistics Essentials of Supply Chain Management by Michael H. Hugos Logistics and Supply Chain Management by Martin Christopher Designing and Managing the Supply Chain by David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi Purchasing and Supply Chain Management by Robert Monczka, Robert Handfield, Larry Giunipero and James Patterson Logistics Management and Strategy: Competing through the Supply Chainby Alan Harrison and Remko Van Hoek Manufacturing Planning and Control for Supply Chain Management by F. Robert Jacobs, William Berry, D. Clay Whybark and Thomas Vollmann P

What is Cargo Insurance? A document indicating the type and amount of  insurance coverage  in force on a particular  shipment . Used to assure the  consignee  that insurance is provided to cover loss of or damage to the  cargo  while in transit. In some cases a  shipper  may issue a document that certified that a  shipment  has been  insured  under a given open policy, and that the certificate represents and takes the place of such open policy, the provisions of which are controlling.  Because of the objections that an instrument of this kind did not constitute a “policy” within the requirement of letters of credit, it has become the practice to use a  special marine policy . A  special marine policy  makes no difference to an open policy and stands on its own feet as an obligation of the underwriting company. Also called  insurance certificate  and special  cargo  policy. Insurance certificates usually include the following information: Conditions of the insurance c

Supply chain risk management (SCRM) is the coordinated efforts of an organization to help identify, monitor, detect and mitigate threats to supply chain  continuity and profitability. Threats to the supply chain include cost volatility, material shortages, supplier financial issues and failures and natural and manmade disasters.  Upstream of an organization are the suppliers who create goods and services used in a company’s own operations. These include raw components or materials that flow into direct manufacturing as raw materials. There are also indirect products and services that facilitate the company’s actual operations. The downstream supply chain efficiently distributes a company’s products or services to its customers. All contracted suppliers, both upstream and downstream, must be proactively managed to minimize financial, confidentiality, operational, reputational and legal risks. Ideally, if the risk is properly managed, nothing occurs that has a negative