Alison's New App is now available on iOS and Android! Download Now

    Study Reminders
    Support

    TAXATIONTaxation is a term for when a taxing authority, usually a government, levies or imposes a tax. The term "Taxation" applies to all types of involuntary levies, from income to capital gains to estate taxes.
    TAX-EFFECTIVE SUPPLY CHAIN MANAGEMENTTax-Effective Supply Chain Management is the process of integrating tax planning into the overall management of your company's supply chain, factoring in where to locate functions and assets of your business, centralized management and control over the risks, and which entity will legally and economically assume the risks.
    TRANSHIPMENTTranshipment is the shipment of goods or containers to an intermediate destination, and then from there to yet another destination. These logistics operations could be also named as re-exporting.
    COMPONENTS OF SUPPLY CHAIN

    Supplier
    Manufacturer
    Transporter
    Distributor
    Warehouse

    SINGLE-ECHELON INVENTORY SYSTEM
    A Single-Echelon Inventory System is one wherein a single Distribution Center (DC) acts as a central repository between the supplier of the inventory and the customer-facing outlets. In a Single-Echelon Network, an individual material-location combination is not affected by any other material or location.
    MULTI-ECHELON INVENTORY SYSTEM
    A Multi-Echelon Inventory System is one that relies heavily on layers of suppliers distributed across multiple distribution centers and that is based on outsourced manufacturing. In such a system, new inventory shipments are first stored at a Central or Regional Distribution Center (RDC).