Inventory Management – Challenges and Solution
Every organization irrespective of manufacturing, retail, or service industry, needs to keep inventory either in the form of raw material, finished goods, repair material, or consumables which is vital for the seamless functioning of the business. Inventory becomes vital especially for manufacturing and retail for the continuous functioning of the business. In the absence of […]
The path to “Digital-first” strategy
Digital – first is among the latest buzzword doing the rounds.. It is one of the most trending discussions after the onset of Covid-19. Many large companies had already adopted the digital-first strategy but now Covid-19 has accelerated the pace of digital adoption in many mid to small companies. What is really Digital-First? Simply put, […]
Manufacturing raw material management – Challenges and Solutions
The importance of raw material for efficient manufacturing operation cannot be over emphasized. One major component in any manufacturing is raw materials, the unprocessed materials, components, or partially finished assemblies that are required to build or produce a product. These are the building blocks and the starting point for any final product and ensuring adequate […]