Category: SCM

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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:…

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Is SCM planning depends on “customer and Manufacturing demand”?

Supply Chain Management (SCM) is the management of the flow of goods and services and includes all processes that transform raw materials into the final product. Challenge – SCM planning depend on the actual requirement of the final product. The final product requirement tells about the actual requirement of raw materials and the process required…

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