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.
Warehouse and Stock
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Overstocked causes a financial crunch by locking up valuable resources
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Having a large amount of inventory leads to spending too much money, which may lead to poor cash flow performance and financial losses because overstocking restricts cash flow and costs the business every day. A company's growth might be severely hampered if it has hundreds of thousands of dollars' worth of inventory sitting idle.
It is important to understand that it's difficult to optimize income when you are overstocking things that are not selling or understocking when sales orders are not fulfilled because of inventory concerns. You must realize that purchases of products that are not immediately required or that are already overstocked result in the holding up of much-needed money.
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Top Ten Reasons for Inaccurate Inventory Records - Warehouse Best Practices
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Warehouse Operations should be a Strong Suit for Procurement Professionals
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Most Important Skills - Supply Chain Managers Need to Succeed at Work
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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?
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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?
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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….
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