Supply Chain Management (SCM)

Supply Chain Management (SCM) is the comprehensive management of sourcing raw materials, product development, production process, logistics, distribution channel along with the information and services required to reach the ultimate consumer with finished products. The main focus of supply chain management is to maximize the value addition and minimize the cost of goods sold. To … Read more

Product line

What is a product line? A product line is a collection of products, that has close relations with each other, offered to a market by the same manufacturer or distributor. For example, the products of sanitary paper products such as toilet paper, napkins, towels, box wipes, and tissue paper make a product line. Generally, a … Read more

Understanding Build Operate Transfer or BOT Model – A Complete Overview

build operate transfer

What is Build Operate Transfer or BOT? Build Operate Transfer or BOT model is a project financing and delivery method used in Public-Private Partnership or PPP agreement. Under the BOT model, the public entity or the government assigns a private entity that finances, builds, and operates a publicly-owned facility for a set period of time, … Read more

What is Leverage? How does it work and what are the risks?

Financial Leverage

The term “financial leverage” is a recurring term in the business sector, which means the use of debt to finance business operations or investment. In this article, we will know what is the leverage, how it works and what are its advantages and its risks. What is leverage? Financial leverage is the use of debt … Read more

What is a letter of credit? How does it work?

Letter of Credit

The letter of credit (LC) also called “commercial credit” or “documentary credit”, is one of the most reliable means of payment in international trade. In this article, we will try to understand what is the letter of credit, how does it work, what types there are and some more curiosities of this instrument, that is … Read more