The Dual Nature of Automation in Supply Chain Management
by Automation in supply chain management, whether implemented in warehouses or other operational areas, often promises a seamless, efficient, and error-free workflow. While the idea of …
Category: Inventory
Top 10 Reasons Why ERP Systems Can Produce Incorrect Outputs
Implementing an ERP (Enterprise Resource Planning) system is often seen as a way to reduce human error and streamline business processes. While this is true, …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
The Evolution of Supply Chain: Embracing New Challenges and Solutions
In today’s fast-paced global economy, the supply chain has evolved significantly, propelled by advancements in technology and changing consumer demands. However, along with these advancements …
How Often Should Operations Audits Be Conducted?
Operations audits are vital for businesses to check how well they’re doing and if they’re following the rules. But figuring out how often to do …
Approaching Zero Inventory in Supply Chain Management: Challenges and Strategies
In supply chain management, the idea of having zero inventory has always been a dream. While it sounds great in theory because it can save …
Pursuing Zero Waste in the Supply Chain: Challenges and Strategies
In recent years, more and more organizations are focusing on achieving zero waste in their supply chains to become more efficient and sustainable. Although getting …
A Step-by-Step Guide to Analyzing Stocktaking Discrepancies
Stocktaking discrepancies happen when businesses have trouble keeping track of their inventory. It’s a common issue that can mess up how much stuff a business …
Achieving Inventory Accuracy: Myth or Reality?
In the fast-paced world of retail, manufacturing, and distribution, inventory accuracy is crucial. Businesses rely on precise inventory counts to make informed decisions about purchasing, …
How Can We Ensure that Suppliers Do Not Deliver the Required Materials Late to the Manufacturing Plant?
In manufacturing, getting materials to your production line on time is super important. Late deliveries can mess up your whole schedule, cost you more money, …
Why You Need to Adjust Inventory Policies to Address Rising Sales Demands
The Challenge of Growing Sales and Production In business, growth is a constant journey rather than just a goal. When companies see more sales and …