Open Secrets
Empowering Value Chain Know-How
It provides recommendations on how to deal with problems in the value chain that are difficult to solve.
Production and Inventory
4.5 Star Rating ! Love It
Put an end to overbuying and free up working capital
It's time to UNLOCK and discover the solution. Click the PLAY button
Buying things that are not immediately required or are already overstocked results in overstocking, which uses up valuable capital. Remember that overstocking is always costly to the bottom line and cash flow.
It is very important to maintain a sense of perspective that having the stock customers want, where they want it, and whenever they want it results in profit and healthy cash flow.If you allow inventory to become out of balance with demand, you will be on a seesaw's edge. Either you have too much or you do not have enough stock, and you will go bankrupt. Inventory overstock costs tie up operating capital that may be put to better use elsewhere in the business. The idea of stockturn is a critical indicator of good inventory management.
Trending OnDemand Certification Programs
Empowering learners with convenience and flexibility to understand the concepts and guarantee success
Top Ten Reasons for Inaccurate Inventory Records - Warehouse Best Practices
There are two areas in business, that generally not handled very well, these are firstly, Forecasting and Demand Management and secondly, achieving 100% real-time inventory records in the Store or Warehouse.....
4.5 Star Rating ! Love It
Warehouse Operations should be a Strong Suit for Procurement Professionals
To be an effective supply chain leader, you'll want a mix of operational and technological skills. That's only possible if you have a solid conceptual knowledge of the supply chain operations framework.....
4 Star Rating ! Great
Most Important Skills - Supply Chain Managers Need to Succeed at Work
SC managers have strategic responsibility but also control many of the everyday functions of a business or organization. They oversee and manage goods used at the facility such as sales merchandise, inventory.....
5 Star Rating ! Fantastic
Tackling the complexities of global trade logistics
Jan Hoffmann, Chief, Trade Logistics Branch, DTL at UNCTAD discussing: If you were in the position as a shipper / manufacturer and or producer, what would be your top priorities in dealing with the complexities of global logistics?
3.5 Star Rating ! Excellent
Blockchain is a vital tool to boost sustainability
Ashish Gadnis, Co-founder / CEO at BanQu discussing: Right now, the authenticity of brands is an issue in the sustainable goods industry. How does blockchain assist with this issue? and why blockchain is vital to boosting sustainability?
4.5 Star Rating ! Love It
Track an order and follow through on each stage in the manufacturing process
Job Shops are some of the most complex manufacturing operations when it comes to work scheduling and tracking. Companies realize the importance of improving traceability in manufacturing and following through….
4.5 Star Rating ! Love It