What Should You Do When You Achieve Your Production Target Faster
by Someone in charge of the production function once asked me. He reported that the production target for the month had been achieved, but that there …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
4 Reasons Not to Work Too Diligently in Supply Chain Management
Managing the supply chain can be very hard to do. So many needs to be monitored, controlled, or calculated. Such as how many stock is …
Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Warehousing
What’s Inventory Management? Benefits, Types, & Techniques
What’s inventory management? The way a business orders, stores, uses, and sells its goods is called inventory management. This includes the storage and processing of …
8 Important Things to Keep in Mind When Running a Container Yard
One time, a company asked me to help them set up a container yard. Based on what they learned from their research, they decided to …
Costs / Distributions / Information Systems / Inventory / Manufacturing / Planning / Procurements / Transportations / Warehousing
Supply Chain Management (SCM)
SCM stands for Supply Chain Management The process of managing the flow of goods and services is called supply chain management. It includes all of …
Production Planning and How to Use It Well
You need production planning and production management to make sure they go smoothly. You must know that the way a company makes things will affect …
5 Things That Can Go Wrong with Your Supply Chain
Supply chains can be very complicated, and this makes companies more and more aware of how important it is for them and their suppliers to …
Costs / Inventory / Planning / Procurements / Warehousing
9 of the Most Common Reasons Why You Might Have Excess Stock
Company C is having trouble getting cash. All of their money is invested in their inventory items. So, it’s hard for them to pay for …
Costs / Inventory / Planning / Procurements / Warehousing
10 Ways to Reduce Supply Chain Costs by a Huge amount
Company B is trying hard to make more money than it did last year. Companies want to make money. And there are only two ways …
8 Good Ways to Bring Down the Cost of Running a Warehouse
Company A is in the business of warehousing. At the moment, operating costs keep going up, which makes business owners feel dizzy. He wants his …