Operation Management

How do you make a master production plan?

How do you make a master production plan?

The production master plan establishes the quantity of final products and the period of time in w...

Average Manufacturing Period (PMF) (definition and formula)

Average Manufacturing Period (PMF) (definition and formula)

The performance of a company is divided into different subsystems represented by the different fu...

Logistics Strategy (Definition and functions)

Logistics Strategy (Definition and functions)

Since its inception the Logistics It arose as the way to have a product ready, at the right time,...

Maturation Period (PMM): What it is and How to Calculate

Maturation Period (PMM): What it is and How to Calculate

is defined as mean maturation period (PMM) the period of time between the payment of the products...

Average Sales Period (PMV): What is it and How is it Calculated?

Average Sales Period (PMV): What is it and How is it Calculated?

Selling represents an activity highly sought after by companies that offer products or services w...

What is the Average Provisioning Period?

What is the Average Provisioning Period?

Many companies invest money in the purchase of raw material, to later incorporate it into your pr...

4 ways to reduce shipping costs

4 ways to reduce shipping costs

More and more ecommerce appears in the world, if you are thinking of creating a similar venture, ...

▷ What is logistics planning?

▷ What is logistics planning?

Logistics planning is a action plan that allows management in the supply chain and the activities...

▷ 3 Examples of Flow Charts

▷ 3 Examples of Flow Charts

Before exemplify a flow chart Let's define what this diagram is and what it consists of.In this a...

▷ 2 Examples of UML Class Diagrams

▷ 2 Examples of UML Class Diagrams

The UML class diagrams is a type of diagram model within UML (Unified Modeling Language) models, ...