The Backbone of Game Diversity

Online gambling has experienced an unprecedented surge in popularity, thanks in large part to the seamless integration of sophisticated logistics systems. These systems are not merely supplementary features; they are the backbone that supports the entire online gambling ecosystem. From ensuring the smooth operation of games to managing the vast array of customer data, logistics play a crucial role in enhancing the user experience and maintaining a dynamic and diverse gaming environment.

The Introduction of Innovative Games

One of the key aspects that set online casinos apart is their vast selection of games. Logistics, in this context, involves the careful planning and integration of various games into the platform. It’s not just about offering a multitude of games but also ensuring they cater to the diverse preferences of players. A prime example of innovation in online gambling is the Plinko game. Inspired by the popular television game show, Plinko is a game of chance where players drop balls down a pegged board to win prizes based on where the balls land. For those looking to find a unique and engaging Plinko casino game experience, visit this website. It showcases the importance of logistics in integrating new and exciting games into online casinos, ensuring a fresh and engaging user experience.

Streamlining Game Access

Logistics also plays a crucial role in streamlining access to these games. This involves not just the technical integration of games into the platform but also ensuring they are compatible across various devices and operating systems. This level of logistical planning ensures that players can enjoy their favorite games anytime, anywhere, without compatibility issues

Enhancing User Experience – Seamless Platform Navigation

The user experience in online gambling extends beyond the games themselves. The logistical framework of an online casino includes the design and structure of the website or app, ensuring that players can navigate the platform effortlessly. This includes intuitive layout designs, easy access to customer support, and quick payment processing. These elements are meticulously planned and executed to provide a seamless gambling experience.

Ensuring Security and Fair Play

Another critical logistical aspect is the implementation of security measures and fairness protocols. Online gambling platforms must utilize sophisticated encryption technologies to protect user data and transactions. Additionally, games need to be regularly audited for fairness, ensuring that the Random Number Generator (RNG) systems are operating correctly. This logistical undertaking is vital for maintaining trust and credibility among players.

Operational Efficiency and Scalability

Operational efficiency in the digital realm is synonymous with the seamless execution of services, where every transaction, user interaction, and data exchange occurs with minimal latency and maximum reliability. Achieving this requires a meticulously designed infrastructure that can handle complex data workflows and user demands without faltering. Scalability, on the other hand, refers to the ability of this infrastructure to expand or contract resources dynamically to match demand, ensuring consistent performance during peak and off-peak periods.

Managing Data and Analytics

The success of an online gambling platform heavily relies on the efficient management of data and analytics. Logistics involves the collection, analysis, and utilization of data to improve game offerings, personalize user experiences, and optimize marketing strategies. This data-driven approach enables platforms to remain competitive and responsive to market trends and player preferences.

Scaling with Demand

As online gambling continues to grow in popularity, platforms must be prepared to scale their operations accordingly. This involves logistical planning in server capacity, customer support, and game availability to handle increasing volumes of players without compromising the quality of service. Scalability ensures that platforms can sustain growth and continue to provide an excellent user experience.

Conclusion

The importance of logistics in online gambling cannot be overstated. It is the backbone that supports the vast array of games, ensures a seamless and secure user experience, and enables platforms to operate efficiently and scale with demand. As the industry continues to evolve, the role of logistics will only become more critical in shaping the future of online gambling. Through meticulous planning and execution, online casinos can continue to offer innovative games like Plinko, ensuring that players have access to a diverse, engaging, and secure gambling environment.

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In our guide, you will find a definition of logistics, see how it has evolved and find out when the biggest changes occurred, as well as learn about the types of logistics today – read on.

Logistics – definition

Logistics was first described by many as early as the ninth century, when Byzantine Emperor Leontos VI described well-planned operations and wise management as the art of war to guarantee success.

There are many publications on the subject, but to understand exactly what this process is, it is worth quoting the words of the Council of Logistics Management, which is the best definition:

• “Logistics is a term describing the planning, executing and controlling the efficient and cost-effective flow of raw materials, inputs, finished goods and relevant information from the point of origin to the point of consumption to satisfy customer requirements.”
• So, in short, logistics is the efficient planning and management of the complex process by which a product begins its journey from the moment it is sourced, to the moment it reaches the hands of the consumer. It is not without reason that the complexity of the whole endeavour is emphasised, as the number of activities carried out at different stages is the work of many people.

Logistics – the genesis of development

As mentioned above, the birth of logistics is considered by most researchers to be in the 9th century, but almost all, including later definitions, have their roots in wartime periods.

The development of logistics as a process related to the planning, storage or distribution of products dates back to the 1960s. In 1950, physical distribution was added to the production issue for the first time. This is what is known as the awakening of logistics. It was the beginning when the attention of entrepreneurs was not, as it had been before, focused solely on producing a given commodity. The era of looking more broadly at the process involved in planning, distribution or storage began.

The 1960s saw the publication of the first book on logistics in the USA by E. Smykay, D. Bowersox, F. Mossman. It was then that the attempts to define what exactly all these activities are started. The research that was carried out was to bring about a definition of the process. In Europe, this period was in the 1970s, when a monograph was written by L. Poth, W Kiersch, R. Wentworth. The period of the 1980s saw an increasing awareness of the consumer and the integration of the different departments of the company: production, planning, transport, and finally the 1990s when computerisation quite strongly influenced all logistics-related processes. This allowed for fast and efficient order processing, control and planning. The speed with which logistics is developing makes it impossible not to notice that the process is over. The emergence of new devices, programmes or applications that assist in executing a given process requires ongoing and active education of the participants.

Types of logistics

Logistics is a highly complex process. To fully understand its specificities, it is useful to know that several basic types are distinguished:

• Supply logistics;
• Production logistics;
• Distribution logistics;
• E-logistics;
• Transport logistics;
• City logistics.

Procurement logistics

Procurement logistics is the supply of raw materials necessary for the manufacturing process. Here, it is all about guaranteeing continuity of supply, excellent cooperation with suppliers and optimising purchasing costs. What has the strongest impact on procurement logistics? The nature of the product to be supplied, the activities of the suppliers and the availability of the raw material. Procurement logistics is very much linked to another type: production logistics.

Production logistics

Production logistics is the planning of where and when the goods already produced should go. This type of logistics is the process that links procurement logistics with distribution logistics. It is also at this stage that the very important activity of disposing of ‘frozen’ raw materials for further processing and subsequent sale takes place. Production logistics distinguishes between 3 basic operating systems: just in time – i.e. just in time, pull – i.e. pulling the necessary materials and push, i.e. producing products from all the necessary materials and then placing them in the customer’s warehouse.

Distribution logistics

Distribution logistics – strongly linked to the group of supply and production logistics described above, is most often associated with the final product and its release directly into the hands of the consumer. Distribution can occur through wholesalers, sales intermediaries or institutions providing other services such as banks. Distribution logistics is very much linked to the marketing activity of a given company, which, through market research, effectively determines the consumer’s needs and how to sell a particular product.

E-logistics

E-logistics, in an age where time is a priority, its development should not surprise anyone.

All processes that could not take place online were quite expensive and time-consuming. E-logistics has not only shortened these activities or reduced the price, but has also contributed to a reduction in errors. Newer and newer programmes such as ERP, CRM or WMS are now almost a daily reality for many companies.

Transport logistics

Transport logistics is one of the most extensive departments that not only optimises costs, but also significantly reduces the lead time for a specific order. It starts as early as the generation of the consignment note and is the backbone of almost every company. It is very strongly linked to the types discussed above.

City logistics

Urban logistics is nothing more than a series of activities related to the planning of both transport and space in an urban area. It has 3 objectives: economic (reducing the cost of operating an urban space), environmental (planning transport so that the environment is not exposed to pollution, emissions, etc.) and social, which aims to improve quality of life.

Do we know everything about logistics? Summary

Can it be concluded that we know everything about logistics – not. Such a dynamic industry cannot be defined once. That is why every further action to optimise time, costs and space will be the beginning of new logistical challenges.

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The Rewards of Efficient Logistics

• Enhanced Customer Satisfaction: One of the paramount rewards of effective logistics in online gambling is the significant improvement in customer satisfaction. Timely delivery of winnings, bonuses, and prizes is pivotal in keeping players engaged and content. A satisfied customer is not only more likely to return but also more inclined to continue betting on the platform;
• Global Reach and Market Expansion: Online gambling platforms often cater to players from all corners of the world. Implementing an efficient logistics system allows these platforms to extend their services to a global customer base. By providing a seamless experience for players from diverse regions, online casinos and betting platforms can significantly boost their revenue streams;
• Securing Transactions: The secure and efficient processing of financial transactions is necessary in the online gambling industry. Robust and well-structured logistics systems ensure that payments and withdrawals are handled accurately and securely, thereby instilling trust among players in the platform;
• Leveraging Logistics for Marketing: Logistics can be strategically leveraged for marketing. Offering fast payouts, exclusive promotional items, and bonuses to players can be powerful incentives to attract new users and retain existing ones. The result is an increase in profitability through both acquisition and retention of customers.

The Risks of Inefficient Logistics

• Payment Delays: Delays in the processing of withdrawals or payments can lead to player frustration, complaints, and, most detrimentally, player attrition. In this age of instant gratification, issues concerning payment delays can tarnish the platform’s reputation and may even lead to the exodus of customers;
• Navigating Regulatory Compliance: Online gambling is a highly regulated industry, with varying legal requirements in different regions. Inefficient logistics may inadvertently lead to non-compliance, potentially subjecting the platform to legal issues and financial penalties;
• Security Concerns: The logistical operations surrounding financial transactions and sensitive player data necessitate robust security measures. Inadequate security can result in breaches, jeopardizing the personal and financial information of players, which can be a catastrophic blow to a platform’s reputation;
• Geopolitical Challenges: Managing logistics, including international shipping and customs regulations, can become an intricate and costly. Differences in customs regulations and geopolitical complications can significantly impact the logistics of delivering physical prizes to players, presenting various logistical challenges.

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Strategies for Mitigating Risks and Enhancing Rewards

• Integration of Cutting-Edge Technology: The integration of advanced logistics technology, including real-time tracking, can streamline operations and significantly reduce the likelihood of delays and errors in processing and delivery;
• Compliance Management and Legal Expertise: Keeping abreast of regional and international regulations is essential. Establishing clear guidelines for compliance and ensuring that all logistical processes align with the relevant legal requirements is a prerequisite for success in the industry;
• Fortified Data Security: Data security should be prioritized. By implementing state-of-the-art encryption, multi-factor authentication, and stringent authorization protocols, platforms can ensure the robust protection of player information, thus fostering trust and confidence;
• Contingency Planning and Risk Mitigation: Developing comprehensive contingency plans for dealing with unexpected disruptions, such as natural disasters, political crises, or geopolitical issues, is crucial for maintaining uninterrupted operations;
• Effective Communication with Players: Transparency is key in online gambling. Effective and timely communication with players regarding payment processing and logistics can help manage expectations, minimize dissatisfaction, and maintain a positive rapport with the player base.

Case Study: XYZ Casino — A Paragon of Success

One illustrious example of an online gambling platform that has masterfully navigated the logistical challenges within the industry is “XYZ Casino.” XYZ Casino has consistently ranked among the top online casinos globally, thanks to its unwavering commitment to the principles of efficient logistics.

XYZ Casino and Rizk Casino made a substantial investment in cutting-edge logistics technology, empowering players to track the real-time status of their withdrawals, bonuses, and prizes. This level of transparency and accountability has significantly reduced player dissatisfaction and complaints related to payment processing delays.

Regarding compliance management, XYZ Casino has gone above and beyond, ensuring that they are well-versed in regional and international regulations. Their commitment to legal compliance has led to a stellar reputation, making them a trusted choice for players worldwide.

Data security is paramount at XYZ Casino. The platform employs state-of-the-art encryption and authentication methods to safeguard player information. Their resolute focus on player privacy and security has garnered them a loyal and expansive customer base.

To address the logistical intricacies related to shipping physical prizes to players, XYZ Casino has strategically partnered with logistics experts who specialize in international shipping and customs regulations. This strategic alliance has allowed them to deliver prizes to winners worldwide seamlessly, irrespective of geopolitical challenges.

In conclusion, logistics in the online gambling industry is more than just an auxiliary function; it is a critical component of success. Efficient logistics can significantly enhance customer satisfaction, expand the platform’s global reach, and provide a secure and frictionless experience for players. However, the risks associated with inefficient logistics, including payment delays and security breaches, cannot be ignored. By deploying advanced technology, maintaining unwavering compliance, prioritizing data security, and implementing comprehensive contingency plans, online gambling platforms can mitigate these risks and reap the rich rewards of efficient logistics. The industry is constantly evolving, and those who can adapt and excel in their logistical operations will undoubtedly emerge as leaders in the field.

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The Current Environmental Impact

The Carbon Footprint of Traditional Logistics

Traditional logistics, with its reliance on fossil fuels and inefficient practices, has been a significant contributor to global pollution and climate change. The transportation sector is responsible for a substantial portion of greenhouse gas emissions, and a considerable share of this comes from shipping, trucking, and air freight.

The Need for Change

As climate change threatens our planet, there’s a growing urgency to address these environmental challenges. Businesses and consumers alike are demanding more sustainable and eco-friendly supply chain practices. This has paved the way for the green logistics revolution.

The Green Logistics Revolution

Green logistics is all about minimizing the environmental impact of the supply chain. It focuses on reducing carbon emissions, minimizing waste, and conserving resources. Here are the key principles that drive this transformation:

1. Sustainable Transportation

• Switching to Electric and Hybrid Vehicles: Many logistics companies are replacing their diesel trucks with electric or hybrid vehicles. This reduces air pollution and decreases dependency on fossil fuels.
• Promoting Public Transportation: Encouraging the use of public transportation for shorter distances can reduce the number of vehicles on the road, easing traffic congestion and cutting emissions.

2. Efficient Route Planning

• Optimizing Delivery Routes: Smart technology and data analytics help in planning the most efficient delivery routes, saving time and fuel.
• Reducing Empty Miles: Empty return trips are a waste of resources. Strategies like backhauling and load consolidation help reduce empty miles.

3. Eco-Friendly Packaging

• Minimalism and Sustainable Materials: Green logistics emphasizes the use of minimalistic and sustainable packaging materials to reduce waste and the environmental impact of packaging.
• Reducing Plastic Usage: Plastic waste is a significant concern. Companies are exploring innovative ways to reduce or replace plastic packaging.

4. Smart Warehousing

• Energy-Efficient Warehouses: Warehouses are becoming more energy-efficient through the use of LED lighting, solar power, and improved insulation.
• Inventory Management and Reduction: Better inventory management techniques reduce the need for large storage spaces, saving energy and costs.

5. Collaboration and Partnerships

• Supplier Collaboration: Working closely with suppliers to reduce waste and promote sustainable practices throughout the supply chain.
• Industry Alliances: Joining industry alliances and organizations dedicated to sustainable logistics.

6. Regulation and Policy

• Government Incentives: Governments worldwide are offering incentives and subsidies for green logistics initiatives.
• Environmental Regulations: Stricter environmental regulations are encouraging companies to adopt sustainable practices.

Measuring Sustainability

To ensure the success of green logistics, it’s essential to measure its impact. Key performance indicators (KPIs) are used to evaluate how sustainable a logistics operation is. Data analytics play a vital role in this process, providing insights and opportunities for improvement.

Challenges and Solutions

The transition to green logistics isn’t without its challenges. The most significant hurdles include cost concerns and resistance to change. However, creative solutions and a long-term perspective can help overcome these obstacles.

Case Studies

To put the principles of green logistics into perspective, let’s explore a few case studies of companies that are leading the way in this eco-friendly revolution.

• Eroski: The Spanish grocery company Eroski has led the way in environmentally friendly operations. They demonstrated how logistics managers may take the lead in this area by integrating environmental management principles into their daily decision-making.

• Unilever: Unilever, a global consumer goods company, has made substantial efforts to reduce its environmental footprint. They have invested in eco-friendly transportation, such as electric delivery vehicles, and implemented sustainable packaging practices, reducing their environmental impact.

• Amazon: As one of the world’s largest e-commerce companies, Amazon has been actively working on green logistics. They aim to make their operations net-zero carbon by 2040, investing in electric delivery vans and renewable energy sources for their warehouses.

• IKEA: The Swedish furniture giant, IKEA, has focused on sustainable transportation and efficient warehousing. They have transitioned to electric vehicles for last-mile deliveries and incorporated energy-efficient practices in their warehouses.

• Tesla: Tesla, primarily known for electric cars, is also involved in green logistics. Their electric semi-trucks promise a more sustainable future for long-haul transportation.

These case studies highlight the diverse approaches that companies are taking to implement green logistics principles, emphasizing the importance of reducing the environmental impact of supply chain operations.

The Road Ahead

The future of logistics is undoubtedly green. As technology continues to evolve and environmental concerns become more urgent, we can expect to see even more innovations in sustainable supply chain practices.

Benefits of Green Logistics

Green logistics offers a dual benefit. Firstly, it plays a pivotal role in diminishing the environmental footprint of logistics activities, thereby promoting a healthier planet. Secondly, it frequently results in economic gains by curtailing fuel consumption, reducing waste disposal expenses, and enhancing brand reputation.

Conclusion

The call to action is clear: It’s time for a greener supply chain. Green logistics isn’t just a buzzword; it’s a necessity for a sustainable future. By adopting these principles and practices, the logistics industry can make a significant positive impact on our environment and society.

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The Challenges in Bangladesh

Bangladesh, a land of vibrant culture and commerce, has its own set of transportation challenges. Densely populated cities like Dhaka and Chittagong often result in congested roadways, leading to delays in product deliveries. Moreover, the country’s weather can be quite unpredictable, causing additional hurdles for logistics and transportation.

One might wonder how these challenges could potentially affect a business’s supply chain. The answer is simple – transportation is the lifeblood of any supply chain. It connects suppliers, manufacturers, and customers, ensuring a smooth flow of goods. Any bottleneck in the transportation process can disrupt the entire production cycle, resulting in delayed deliveries, increased costs, and dissatisfied customers.

Best Practices for Transportation

To ensure a streamlined supply chain in Bangladesh, businesses need to adopt certain best practices.

Use of Technology

Embracing technology is absolutely crucial in today’s fast-paced business environment. By effectively utilizing state-of-the-art tracking systems and advanced management software, businesses gain the invaluable ability to closely monitor and manage their transportation assets. It’s just like the best bangladeshi cricket betting sites to provide the best experience to fans of the sport. This technological integration not only significantly enhances visibility across the supply chain but also empowers swift and informed decision-making, thereby giving companies a competitive edge and the agility to adapt to dynamic market conditions and customer demands.

Route Optimization

Efficient route planning holds the potential to be an absolute game-changer for businesses operating in regions plagued by daily traffic congestion, such as the labyrinthine streets of Dhaka and other major cities. This transformative approach not only plays a pivotal role in diminishing transit times and costs but also offers a strategic advantage by ensuring smoother and more cost-effective logistical operations. The utilization of smart routing solutions, in particular, emerges as a beacon of hope, providing companies with the tools and strategies needed to navigate the intricate web of urban roadways. This not only contributes to streamlined transportation processes but also aids in optimizing the overall supply chain, thus leading to increased operational efficiency and customer satisfaction.

Inventory Management

Effective inventory management is another key factor. Businesses need to strike a balance between having enough stock to meet demand and avoiding overstocking, which can lead to storage costs. In a country where storage space can be limited, efficient inventory management is essential.

Vehicle Maintenance

Regular maintenance of transportation vehicles is non-negotiable. Vehicle breakdowns not only lead to delays but also incur additional costs. Preventive maintenance can save businesses from unexpected downtime.

Sustainable Transportation

Sustainable transportation practices are not just environmentally responsible; they are also cost-effective. Embracing eco-friendly vehicles and practices can help businesses reduce their carbon footprint and operating costs.

Intermodal Transportation

Intermodal transportation, the use of multiple modes of transportation like road, rail, and water, is gaining popularity in Bangladesh. It provides more flexibility and can be a game-changer for businesses with complex supply chains.

Communication and Coordination

Effective communication and coordination among all stakeholders, including suppliers, manufacturers, and transportation partners, are vital. This ensures that everyone is on the same page, reducing miscommunication and delays.

Risk Management

Addressing potential risks in transportation is another crucial aspect. Businesses need to have contingency plans in place to handle unexpected situations like natural disasters or political unrest.

Case Studies

To better understand the impact of these practices, let’s look at a couple of case studies.

ABC Textiles: A Success Story

ABC Textiles, a major player in the textile industry, faced numerous transportation challenges. By embracing technology and optimizing their routes, they managed to streamline their supply chain. Today, they are known for their efficient and timely deliveries.

XYZ Electronics: A Lesson in Sustainable Transportation

XYZ Electronics chose to go green in their transportation practices. By using electric vehicles and adopting sustainable transportation methods, they not only reduced their carbon footprint but also cut down on operational costs.

Future Trends

The future of transportation in Bangladesh’s supply chain promises to be exciting.

Automation and AI

Automation and artificial intelligence are set to revolutionize the transportation landscape. From self-driving vehicles to AI-powered route optimization, these technologies will make transportation more efficient and cost-effective.

Green Initiatives

Eco-friendly transportation is on the rise. Businesses are increasingly opting for electric and hybrid vehicles, reducing their environmental impact. This not only aligns with global sustainability goals but also appeals to environmentally conscious customers.

Conclusion

Streamlining the supply chain in Bangladesh through efficient transportation practices is not just a luxury but a necessity. By embracing technology, optimizing routes, and fostering sustainable practices, businesses can navigate the unique challenges of the country and ensure a smooth flow of goods. So, why wait? Start implementing these best practices today and watch your supply chain thrive amidst the complexities of Bangladesh. After all, in this fast-paced world, it’s the ones who adapt and innovate that come out on top.

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In an increasingly competitive environment, it becomes impossible to achieve success by spending on traditional marketing alone. The difficulty in assessing the degree of feedback from traditional marketing leads to biased evaluation of results and futility in the planning process. As a result, it becomes impossible to determine by what means the final goal – attracting a buyer – was achieved, because it is not clear what investments in advertising to consider justified and effective, what methods to use to assess this effectiveness. Even attracting a buyer and not having adequate operations, companies will make wasted marketing expenditures, as they will stimulate demand that they are unable to satisfy. It is no coincidence that the service component has a significant share in the cost of products.

Supply chain management is becoming as important to companies as marketing once was. A supply chain exists only because there is a consumer demand for a product. Companies recognize the heterogeneity of consumers and offer not just one product, but a range of products aimed at different market segments. These goods may differ in a number of ways – novelty, image, price, quality, shelf life, etc. As well as configuration, supply chain parameters are determined by different characteristics of goods – these parameters are changed as necessary during the life cycle of a product, i.e. its development from “birth” (introduction to the market) to “death” (disappearance from the market). The speed of response to changes in demand is more important at the stage of product introduction to the market, when the uncertainty associated with the new product is high. At the same time, at the mature product stage, stable demand and high sales volumes dictate prioritizing reliability and cost reduction over speed of delivery and flexibility.

Supply chain parameters

On the one hand, effective supply chain management, if necessary, implies the existence of common performance indicators for all chain members, which allow tracking the chain development in the right direction. On the other hand, performance indicators should take into account both the specifics of the product and the stages of its life cycle.

The following supply chain parameters are distinguished:

Chain speed is the length of the cycle from the purchase of raw materials and supplies by the supplier of a good to the receipt of the actual finished good by the consumer. Chain speed is sometimes referred to as the length of the supply chain and is measured in days.

Chain reliability – the degree to which the established delivery dates are met.

Flexibility of the chain – the ability to adapt the supply chain in a timely manner in accordance with the changing demands of the consumer, for example, changing the share of sales of a particular product in the portfolio depending on demand or bringing to the market new modifications of the product. Good indicators of flexibility are the level and position in the chain of inventory and the frequency of product unavailability in the retail part of the chain.

Chain costs – the total cost of operating a supply chain, which consists of the costs of production, purchasing, transportation, warehousing, insurance, writing off obsolete and deteriorating inventory, financing the chain, and a host of others.

There is no doubt that an ideal supply chain should strive to achieve perfection in all of the above parameters: at the first whim of the consumer (flexibility) to deliver the goods to him quickly (speed) and exactly on the promised date (reliability), at almost no cost to all partners in the chain (costs). Unfortunately, there is no doubt that this scenario is somewhat utopian.

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All modern management is based on the proven advantage of the process approach in management over the functional approach. It is this approach that ensures effective interaction both between the company’s divisions and with external supply chain participants. Therefore, the process approach became the basis of the ISO 9000-9001 series of standards.

Thus, the use of the SCOR model promotes the implementation of quality management for those companies that build their production and management systems on the process approach.

The main processes in SCOR are:

• PLAN – Planning;
• SOURCE – Purchasing;
• MAKE – Manufacturing;
• DELIVER – Delivery;
• RETURN – Return Logistics;
• ENABLE – Auxiliary processes that support supply chain operations.

The SCOR model views the supply chain not as a community of organizations involved in it, but as a chain of interrelated processes that can occur both inside and outside of a single company.

In vertically integrated companies these processes may be performed by independent functional units (branches) within the structure of such an organization, while in horizontally built supply chains the processes may be performed by legally independent partners on the basis of concluded contracts. The simplest example may be the presence of a separate 3PL-company in the supply chain, which is engaged in transportation. And it can be involved in an unlimited number of supply chains with different partners, and the degree of its involvement is determined by the configuration of a particular supply chain.

The main thing is that the configuration of the supply chain, regardless of the number of organizations involved in it, should not change its content, meaning and purpose, which can be defined as meeting demand in the most efficient way possible.

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A flexible and efficient supply chain today is one of the most important competitive advantages of a company in any industry and on any market. Supply chains are closely related to production, marketing, sales, finance and other departments of companies.

Today, supply chain management activities have become as important in promoting products as marketing. Attracting customers with a well-built marketing campaign, it is impossible to increase the market share of a product without effectively built supply chain processes.

Supply chain management is a systematic approach to the organization of processes included in the chain in order to reduce risks and achieve measurable economic effects – reducing operating costs and improving the level of service.

The main processes included in supply chain management are: forecasting, planning, procurement of raw materials, production, warehousing, delivery, price management for logistics services and product distribution.

Forecasting is the process of forming forecasts, the result of which is expressed in quantitative or other form and is an assessment of the possible level of demand for the product or the state of the object of each element of the chain for the future period of time.

Planning is the process of making plans to manage supply chain resources based on business objectives and forecasts.

Raw material procurement is the process of supplying a company with raw materials and supplies that are used to manufacture products, package or promote them.

Inventory management is the process of providing the inventory required for a company’s operations while achieving a certain balance between inventory maintenance costs and service levels.

Warehousing is a process that consists of a set of actions that meet all the necessary requirements and regulations related to the characteristics of the product being handled: receiving, assembling and storing its stock.

Delivery is the process of physically moving a product from one point to another, for example, moving raw materials from a supplier’s warehouse to a manufacturer’s warehouse to maintain the necessary stock in the supply chain.

Logistics services price management is a process that has a significant impact on the pricing of the final product and its competitiveness. It consists in continuous analysis and control of the situation on the logistics services market and competitive offers, building long-term partnerships. The price in the logistics services market can change for various reasons: regular seasonal fluctuations in cargo flows, legal regulation, rising fuel and electricity prices, shortages due to wear and tear of the rolling stock fleet, rising costs of equipment and vehicles, rising real estate rental prices, and others.

The processes included in supply chain management (SCM) are conventionally divided into Primary distribution and Secondary transportation.

Primary distribution includes the purchase of raw materials, semi-finished or finished products and their delivery to the places of production, assembly or storage.

Secondary distribution of commodity flows – organization of delivery of the finished product from the warehouse to retail stores or directly to the end customers.

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