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Category: Supply Chain

Matters relating to the processes and functions of the supply chain

“Enhancing Inventory Management through Project Management: The Power of Process Definition”

Introduction Efficient inventory management is crucial for businesses to thrive in today’s competitive marketplace. Inventory managers play a vital role in overseeing the flow of goods, ensuring optimal stock levels, and maintaining cost-effective operations. While their primary focus revolves around inventory, there is much to be gained by integrating project management principles into their role.… Continue reading “Enhancing Inventory Management through Project Management: The Power of Process Definition”

“The Proliferation of Spreadsheets: A Reflection on System Functionality and Employee Practices”

Introduction In today’s digital age, businesses heavily rely on Enterprise Resource Planning (ERP), Material Requirements Planning (MRP), and Warehouse Management Systems (WMS) to streamline operations and enhance efficiency. However, despite the capabilities of these systems, many employees continue to create numerous spreadsheets to fulfil their tasks. This blog aims to explore the reasons behind the… Continue reading “The Proliferation of Spreadsheets: A Reflection on System Functionality and Employee Practices”

“The Vital Importance of Inbound Receipt Processes in Business Operations”

Introduction In the complex landscape of modern business operations, the effectiveness of inbound receipt processes plays a pivotal role in ensuring smooth operations and maintaining customer satisfaction. Neglecting this critical aspect can have far-reaching consequences that ripple throughout the entire business.  This article aims to shed light on the significance of robust inbound receipt processes… Continue reading “The Vital Importance of Inbound Receipt Processes in Business Operations”

“The Squeaky Wheel: Fixing Inefficient Processes for Business Success”

Introduction In today’s competitive business landscape, efficiency and effectiveness are paramount for sustainable success. However, even the most well-designed processes can fall short of expectations and fail to meet key performance indicators (KPIs). When faced with such challenges, it is crucial for organizations to take proactive measures to identify and rectify the underlying issues. In… Continue reading “The Squeaky Wheel: Fixing Inefficient Processes for Business Success”

“Stocktakes – the benefits other than financial”

Stocktakes provide additional benefits than just determining asset values. Conducting a stocktake is not simply about accepting the values at face value, but rather it serves as an opportunity to identify and address any variances that may exist. By conducting a thorough analysis of the discrepancies, businesses can root cause the variances and fix any… Continue reading “Stocktakes – the benefits other than financial”

“Instocking: Streamlining Purchasing Activities for Efficient Inventory Management”

Introduction Efficient inventory management plays a pivotal role in the seamless functioning of any business. It not only helps in cost reduction but also maximizes profitability. One critical aspect of inventory management involves the periodic review of purchasing activities to identify potential new Stock Keeping Units (SKUs) for the shelves. In this blog post, we… Continue reading “Instocking: Streamlining Purchasing Activities for Efficient Inventory Management”

“Regular Check-ups: Applying the Maintenance Mindset to Inventory Management”

Introduction Just like we schedule regular check-ups for our cars and prioritize routine health examinations, it’s surprising that many businesses overlook the importance of applying the same approach to their inventory. While most companies have skilled employees who can handle basic maintenance tasks, entrusting them with the complex intricacies of inventory management may lead to… Continue reading “Regular Check-ups: Applying the Maintenance Mindset to Inventory Management”

“Understanding the Six Stages of Inventory Life Cycle for Effective Management”

Introduction Inventory management plays a vital role in the success of any business. To ensure optimal control and utilization of inventory, it is essential to understand the life cycle of inventory. The life cycle of inventory can be defined by six stages, each with its unique characteristics and management requirements. By categorizing inventory items into… Continue reading “Understanding the Six Stages of Inventory Life Cycle for Effective Management”

“Ensuring Effective Inventory Storage: Vital Steps for Long-Term Warehouse Preservation”

Introduction Efficient inventory management is a crucial aspect of any business, and it becomes even more critical when it comes to long-term warehouse storage. While fast-moving consumer goods (FMCG) may not face significant challenges in this regard, businesses dealing with engineered stores encounter a unique set of problems. Neglecting proper storage practices in remote warehousing… Continue reading “Ensuring Effective Inventory Storage: Vital Steps for Long-Term Warehouse Preservation”

“The Value of S&OP Meetings: Applying Sports Team Strategies to Business Success”

Introduction In the world of sports, successful teams understand the importance of regular meetings and effective communication to achieve their goals. These meetings, often known as strategy or game planning sessions, allow team members to align their efforts, review past performances, and develop strategies for future success. This concept is not exclusive to the realm… Continue reading “The Value of S&OP Meetings: Applying Sports Team Strategies to Business Success”

Training and communications are two key business requirements and form the essential core foundations to the subject matter. Don’t just do it – own it.

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