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How to find the right manufacturer or supplier for your products?

How to find the right manufacturer or supplier for your products?

Introduction Choosing the right manufacturers and or suppliers is mandatory for you if you have to succeed in your business as it forms the basis for providing the most appropriate goods at suitable prices within the right framework of time. In this article, we discuss more in detail as to why it is essential, theRead more about How to find the right manufacturer or supplier for your products?[…]

Why Your Business should perform a Value Chain Analysis?

Why Your Business should perform a Value Chain Analysis?

Introduction & Background In the last few decades, supply chain management (SCM) has evolved into a major discipline on its strength by playing a productive role in improving the competitiveness of industrial organizations by offering benefits like lowering inventories, shorter cycle times, etc. At the same time, it continues to be an integral part ofRead more about Why Your Business should perform a Value Chain Analysis?[…]

How Machine Learning Improves Supply Chain?

How Machine Learning Improves Supply Chain?

Machine learning (ML) as a technology has been gaining traction across multiple business segments (e.g., consumer behavior, e-commerce, financial services, health care sector, logistics) because of its ability to solve problems in a practical business setting.  It, therefore, becomes necessary for the executives across the businesses to understand fundamentally what ML is about and howRead more about How Machine Learning Improves Supply Chain?[…]

How to increase the Service Level in Supply Chain and Operations Management

How to increase the Service Level in Supply Chain and Operations Management

A salient objective of any business is to deliver the next-generation services, which are geared to propel growth. This article focused on throwing light by elaborating on the ways and means to increase the service levels. Wherein the ultimate thrust is on taking your business to the next level, which would accelerate growth. We aimRead more about How to increase the Service Level in Supply Chain and Operations Management[…]

How does fulfillment in Supply Chain Work?

How does fulfillment in Supply Chain Work?

  Gearing up the businesses with improved product fulfillment operations enhances the reliability of your supply chain operations. It paves the way for an increase in the profitability as it brings about streamlining of processes at reduced costs. It is then natural that we need to have an understanding of how fulfillment works in theRead more about How does fulfillment in Supply Chain Work?[…]

7 Kaizen tools to reduce waste and improve Lean Process

7 Kaizen tools to reduce waste and improve Lean Process

The ultimate goal of applying lean tools in your manufacturing process is to eliminate the seven wastes. It is essential to understand how each one of the devices would help in facilitating and achieving the process of optimization. The objective of this article is to explain how your team’s time and the resources can putRead more about 7 Kaizen tools to reduce waste and improve Lean Process[…]

Cost reduction within your Transport using Kaizen Principles

Cost reduction within your Transport using Kaizen Principles

  Businesses are bound to come under stress if they cannot cost-effectively utilize their assets. The role of supply chain management and the principles and tools covering it; for instance, Kaizen is to reduce the wastages in assets and improve their performance. Transportation is one of the critical and vital logistics support, which your factoryRead more about Cost reduction within your Transport using Kaizen Principles[…]