FORWARD CONTRACT

Meaning : A forward contract is a simple customised contract between to parties to buy or sell an asset at a certain time in future for a certain price agreed today. Forward contracts are over-the-counter traded contracts, means they are not traded in stock exchange. these contracts are generally private contracts between two financial institution or between a financial institution Read More …

WHAT IS SUPPLY CHAIN MANAGEMENT

A supply chain consist of anetwork of people who share information and undertake activities to make the goods/services move from supplier to customer. Why we say supplier to consumer and not manufacturer to consumer??? Because supply chain also includes those activities which are undertaken even before start of manufacturing . It starts from procurement of raw material  when a manufacturer Read More …