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Lean manufacturing enables industries to optimize their profitability

Lean manufacturing operates on the principle that waste encompasses anything that does not provide value to customers, which they are willing to pay for. The advantages of implementing lean practices include shorter lead times, lower operating expenses, and enhanced product quality. We Can Implement Lean Manufacturing using following procedure

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Effective Data Analysis – Revolutionizing Supply Chain Planning

Supply chains lay the foundation for a sustainable industry, Data-driven planning is revolutionizing supply chains, making them both more competitive and sustainable. Existing data holds immense potential for crafting intelligent supply chain policies across various aspects, including procurement, supplier management, manufacturing, payment terms, and logistics etc. in following manner. Procurement: Supplier management: Manufacturing: Payment terms:…

 analytics Business Consultancy Business Process Automation Consultancy Digitalization ERPNext Industry 4.0 SCM Solutions Stock
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ERPNext Scheme Management – Make business cash flow effectively

Stock Aging (inventory aging) as the term indicates, is the age of an SKU or a product. Stock Aging has a reverse effect on ROI. If Stock Aging increases, then it holds the company’s cash flow, defiantly it will reduce the company’s return on investment. Cash flow is necessary to maintain fund rotation ERPNext notifies…

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