Fast Logistics vs. Cheap Cost: Which One is More Important?
by Shipping and logistics have become increasingly important in the era of global trade. However, with the plethora of shipping services available, it often confuses entrepreneurs …
Make or Buy? A Guide to Making the Right Decisions
When you want to sell a new product in your store or make a new product in your factory, you have to decide if you …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
The Importance of Business Process Mapping and How to Do It Effectively
In this post, I’ll talk about why mapping business processes is important. When I say “business process,” I mean all of the operational tasks in …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
Why is Sales and Operations (S&OP) Planning Important? How to Effectively Do It?
In this post, I will discuss what Sales and Operation Planning (S&OP) is, why it’s important, and how to do it effectively. Without wasting time, …
What is Capacity Planning? How to Do It Effectively?
Your Sales Team informs that the sales volume in the next 5 years will increase significantly. They asked the manufacturing team to be able to …
Small Discrepancy in Stocktaking Results, Can It Be Ignored?
Stock taking or stock counting is one of the routine processes carried out in the warehouse. The goal is to count how many assets you …
Costs / Inventory / Planning / Warehousing
Can Excess Inventory Benefit Your Business?
Keeping excess inventory is not good. I’m sure those of you who work in supply chain management agree on that. Excess inventory disrupts your cash …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
Why the Right Mindset is Needed in Supply Chain Management
In a monthly meeting with the Board of Directors, a supply chain manager I know brought up their excess inventory levels. Conditions at that time, …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
How to Treat KPIs the Right Way to Improve Your Supply Chain Performance
Some people just want to show good KPI numbers. They want to avoid questions from Top Management why their KPI targets were not achieved. There …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
Why Just Understanding Supply Chain Management Is Not Enough To Make Supply Chain Operations Better
Mastering all the theories and concepts about supply chain management is not enough to make someone successful in running, let alone improving, the supply chain …