TermiKnowledge - Supply Chain, Procurement and Inventory Terminologies
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CIOP online sessions are conducted in a well-organized manner. The online sessions are conducted on Saturdays, between 7:00 PM and 10:00 PM (Indian Standard Time). There will be two breaks during the session. First break at 8:00 PM for 15 minutes and the second break at 9:00 PM for 10 minutes. The participants will join the program through the link sent to them well in advance and they get reminder notifications. First reminder a day before the session and the second reminder one-hour before the session. The participants will be able to see the presentation and the writings of the faculty at the same time. The faculty delivers the program through a smart board and the participants will be able to access both the presentation used by the faculty and his notes at the ends of the session through Fhyzics’ Learning Management System (LMS).


Arbitration, a legal way of resolving disputes outside of the court system, is a process whereby one or more parties to decide a dispute between themselves. The dispute is to be settled by one or more individuals, making the 'arbitration decision' legally binding. Arbitration usually happens in the form of a written agreement, but can also happen via telephone or in person. There is also no need for a jury, and there are generally no cost proceedings or extensive documentation needed. 

Disputes that will usually be settled by arbitration include: contract disputes, disagreements over the transfer of title or ownership of a product, disagreements over the interpretation of a contract, disputes concerning child custody, and disagreements over the performance of certain obligations.

Disputes that may also be resolved through arbitration include: collective bargaining, employment issues, landlord issues, intellectual property issues, real estate issues, industrial issues, tort claims, insurance claims, and dispute resolution. However, any type of litigation that is to be arbitrated must first be brought before a judge or court of law. If litigation cannot be brought before a court, arbitration can often be used to resolve such disputes instead. One of the most common forms of arbitration is a dispute resolution group. These groups try to settle any type of dispute that cannot be resolved within the court system.

Arbitration has been found to be extremely useful in a wide variety of situations, including insurance disputes, product disputes, human rights issues, and disagreements over a contract or warranty. Arbitration can also be used in cases where there is a dispute over the ownership of a domain name or other domain name registration issues. Arbitration can also be used as a means of dispute resolution in certain human resource related matters and to provide dispute resolution for employees, employers, and contractors. Arbitration can even provide an opportunity for you to dispute some of the information provided to a potential employee by a potential employer or to avoid potential harassment from a disgruntled former employee.


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Certified Inventory Optimization Professional 

CIOP is an end-to-end supply chain certification that contains 30 modules such as Introduction to Supply Chain Management, All About Inventory, Production Planning System, Strategic Business Planning, Sales & Operations Planning, Master Scheduling, Material Requirements Planning, Demand Management, Capacity Management, Forecasting, Production Activity Control, Procurement, Order Quantities, Independent Demand Ordering Systems, Warehouse Management, Transportation Management, Supplier Relationship Management (SRM), Customer Relationship Management (CRM), Introduction to Quality, Introduction to Packaging, Introduction to Process, Lean, Six Sigma, Total Quality Management, Theory of Constraints, Supply Chain Technologies, Supply Chain Techniques, Industry 4.0, International Standards and Supply Chain Risk, Safety and Security. 

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CIOP Knowledge Series

One-Minute Supply Chain Facts

The most recent video is available here. To access the past videos in the One-Minute Supply Chain Facts Series, please click the playlist icon located on the Top-Right of the video.





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