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Haier corporate culture
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Haier Corporate Culture
Haier Group is one of the largest household appliances companies in the world. It is also a leading company in the field of international and domestic corporate culture studies. Ever since its founding by entrepreneur and venture capitalist Zhang Ruimin in 1984, Haier has......
1041 
Oliver
Intranet
The Internet of Things (IoT) is a rapidly advancing aspect of modern technology that is affecting every aspect of life. The concept involves connecting physical objects to the Internet, enabling them to communicate, share data, and automatically provide us with valuable insights and new ways of wo......
LIFO
LIFO (Last In, First Out) is a method of inventory management that ensures that the last items to enter the inventory are the items that are used first. It is often used in inventory management because it allows a business to replenish their inventory without having to ensure that the oldest items......
reverse supply chain
The term ‘reverse supply chain’ refers to the process of delivering items from the consumer to either the manufacturer or a reseller. This process often occurs when the consumer no longer desires the item and it is sent back to the seller in exchange for either a full or partial refund. Reverse ......
backlog of orders
BACKLOG ORDERING
Logistic management plays a significant role in business success and is often an integral part of controlling inventory. One of the key components of a successful and responsive logistic strategy is the ability to efficiently manage backlog orders.
Backlog orders represent the t......
delivery center
Distribution centers are specialized warehouses where businesses can efficiently store, manage and distribute products out to customers. If you’re looking to quickly and efficiently move products to markets – distribution centers are a key part of the process that gets those products out in a ti......
Inventory quota
Stock Quota
Stock quota is the amount of merchandise a store or company is able to stock at one time. In many cases, stock quota is set by the company in order to ensure ample inventory of a certain type of product is kept on hand to meet customer demand. The specific level of stock quota will v......
PARTS strategy
EXECUTIVE SUMMARY
AutoParts is an automotive parts distributor, supplying engine oil and filters, brakes, steering and suspension parts, and other components to independent mechanics and retailers across the United States. Our goal is to become the market leader in the industry, by providing supe......
Three packs
Warranty and Replacement
With the vast majority of products and services sold these days, there is an option for extra security through a warranty or even a replacement. This article will provide an overview of the different types of warranties and replacements typically available, as well as whe......
Commodity stacking
Smart Shopping Tips
There is no denying the fact that with the wave of digitalization, shopping has never been easier. You can get whatever you want with just a few clicks. There are tons of retailers out there, offering all kinds of businesses and products. But does that mean shopping is only ab......
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