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In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods as well as end to end order fulfillment from point of origin to point of consumption. Interconnected, interrelated or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain. Supply-chain management has been defined as the "design, planning, execution, control, and monitoring of supply-chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally." SCM practice draws heavily from the areas of industrial engineering, systems engineering, operations management, logistics, procurement, information technology, and marketing and strives for an integrated approach. Marketing channels play an important role in supply-chain management. Current research in supply-chain management is concerned with topics related to sustainability and risk management, among others. Some suggest that the “people dimension” of SCM, ethical issues, internal integration, transparency/visibility, and human capital/talent management are topics that have, so far, been underrepresented on the research agenda.
The economy of Singapore is a highly developed free-market economy. Singapore's economy has been ranked as the most open in the world, 3rd least corrupt, most pro-business, with low tax rates and has the third highest per-capita GDP in the world in terms of purchasing power parity (PPP). APEC is headquartered in Singapore.
Institute for Supply Management (ISM) is the oldest, and the largest, supply management association in the world. Founded in 1915, the U.S.-based not-for-profit educational association serves professionals and organizations with a keen interest in supply management, providing them education, training, qualifications, publications, information, and research.
The Project Management Institute (PMI) is a global nonprofit professional organization for project management.
Jabil Inc. is an American worldwide manufacturing services company. Headquartered in the Gateway area of St. Petersburg, Florida, it is one of the largest companies in the Tampa Bay area. Jabil has 100 plants in 28 countries, and 170,000 employees worldwide.
Chartered accountants were the first accountants to form a professional accounting body, initially established in Scotland in 1854. The Edinburgh Society of Accountants (1854), the Glasgow Institute of Accountants and Actuaries (1854) and the Aberdeen Society of Accountants (1867) were each granted a royal charter almost from their inception. The title is an internationally recognised professional designation; the certified public accountant designation is generally equivalent to it. Women were able to become chartered accountants only following the Sex Disqualification (Removal) Act 1919 after which, in 1920, Mary Harris Smith was recognised by the Institute of Chartered Accountants in England and Wales and became the first woman chartered accountant in the world.
Klaus Martin Schwab is a German engineer and economist best known as the founder and executive chairman of the World Economic Forum. His wife and first collaborator, Hilde, co-founded the Schwab Foundation for Social Entrepreneurship with him. He was born in 1938, in Ravensburg, Germany.
Founded in 1904, the Association of Chartered Certified Accountants(ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). ACCA's headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of over 104 offices and centres in 52 countries - with 323 Approved Learning Partners (ALP) and more than 7,300 Approved Employers worldwide, who provide employee development.
PMI may stand for:
Project Management Professional (PMP) is an internationally recognized professional designation offered by the Project Management Institute (PMI). As of August 2019, there are 932,720 active PMP certified individuals and 300 chartered chapters across 218 countries and territories worldwide. The exam is based on the PMI Project Management Body of Knowledge.
A lead time is the latency between the initiation and completion of a process. For example, the lead time between the placement of an order and delivery of new cars by a given manufacturer might be between 2 weeks and 6 months, depending on various particularities. One business dictionary defines "manufacturing lead time" as the total time required to manufacture an item, including order preparation time, queue time, setup time, run time, move time, inspection time, and put-away time. For make-to-order products, it is the time between release of an order and the production and shipment that fulfill that order. For make-to-stock products, it is the time taken from the release of an order to production and receipt into finished goods inventory.
Su Guaning is a Singaporean academic and the President Emeritus of Nanyang Technological University (NTU).
Technip S.A. was a company that carried out project management, engineering and construction for the energy industry; in 2017 it completed a merger with FMC Technologies to form TechnipFMC. Its headquarters were in the 16th arrondissement of Paris. It has about 38,000 employees and operates in 48 countries.
Purchasing Managers' Indexes (PMI) are economic indicators derived from monthly surveys of private sector companies.
Vladimir Kvint is an economist and strategist, and President of the International Academy of Emerging Markets. In parallel, since 2007, he has been the Chair of the Department of Financial Strategy at the Moscow School of Economics of the Lomonosov Moscow State University. Kvint also is a Head of the Center for Strategic Studies at Institute of Complex Systems Mathematical Research of this University. In 2019-2021 Dr. Kvint is a Visiting Professor at Department of Economics of Shanghai University. He is a foreign member of the Russian Academy of Sciences. In 2010 Kvint was elected as a Fellow of the World Academy of Art and Science. He is a U.S. Fulbright Scholar and has been a professor at Fordham, New York University, and American University and Adjunct Professor of La Salle University as well as Babson College. In 2018 Kvint was awarded by Lomonosov Moscow State University with the Annual Lomonosov Prize of Highest Degree for his "Studies of Theory of Strategy and Methodology of Strategizing". In addition to his professorship, he is currently and has been a consultant to governments of several countries. He was a consultant at architectural and planning company RMJM, and was Director for Emerging Markets at Arthur Andersen in NYC. Kvint's work appeared in The New York Times and Harvard Business Review, among others. He has been a contributor to Forbes magazine in which he published his most profound forecast on February 5, 1990, predicting the exact year - 1991 - of the fall of the Soviet Union. In addition, Kvint is a member of the Editorial Boards of several professional publications.
The Economic Research Institute for ASEAN and East Asia or ERIA is an international organization established in Jakarta, Indonesia in 2008 by a formal agreement among Leaders of 16 countries in the East Asian region to conduct research activities and make policy recommendations for further economic integration in the East Asia. ERIA works very closely with both the ASEAN Secretariat and 16 Research Institutes to undertake and disseminate policy research under the three pillars, namely “Deepening Economic Integration”, ”Narrowing Development Gaps”, and “Sustainable Development” and provide analytical policy recommendations to Leaders and Ministers at their regional meetings. ERIA provides intellectual contributions to East Asian Community building and serves as a Sherpa international organization. ERIA ranks 32nd among the world's "Top 85 International Economics Think Tanks" according to the 2016 Global Go To Think Tanks Index Report conducted by University of Pennsylvania.
The Chinese stock market turbulence began with the popping of the stock market bubble on 12 June 2015 and ended in early February 2016. A third of the value of A-shares on the Shanghai Stock Exchange was lost within one month of the event. Major aftershocks occurred around 27 July and 24 August's "Black Monday". By 8–9 July 2015, the Shanghai stock market had fallen 30 percent over three weeks as 1,400 companies, or more than half listed, filed for a trading halt in an attempt to prevent further losses. Values of Chinese stock markets continued to drop despite efforts by the government to reduce the fall. After three stable weeks the Shanghai index fell again on 24 August by 8.48 percent, marking the largest fall since 2007.
Project production management (PPM) is the application of operations management to the delivery of capital projects. The PPM framework is based on a project as a production system view, in which a project transforms inputs into outputs.
Singapore Institute of Purchasing and Materials Management (SIPMM) is a not-for-profit, independent professional organisation founded in 1972 with the aim to enhance managerial effectiveness of professionals in purchasing, logistics, materials and supply chain management. The mission of SIPMM is to lead professional competence in purchasing, materials, logistics, and supply chain management.
Alan M. Stretton is an Australian civil engineer, project management manager, retired Adjunct Professor of Project Management at the University of Technology, Sydney and author. He is known for his work on the state of project management, and its history.
References
- ↑ "Singapore Institute of Purchasing and Materials Management". SIPMM. Retrieved 15 June 2016.
- ↑ "2016 Global Chinese Marketing Federation Forum". GCMF. Retrieved 13 June 2016.
- ↑ "School that created S'pore's PMI looking to expand reach overseas". TODAY. Retrieved 11 March 2016.
- ↑ "Key gauge of economic health due for a checkup". The Business Times. Retrieved 19 April 2008.
- ↑ "Professor Philip POH". World Certification Institute. Retrieved 16 Sep 2014.