Vendor managed inventory ( VMI ) is an inventory management strategy in which a product’s manufacturer or other supplier is in charge of making the best use of a distributor’s stock.

The model was proposed by a scientist who worked at Motorola in 1986. The term Six Sigma consists of a set of quality-control tools that companies can use to remove faults and improve processes to help boost profits.

Pharmaceutical businesses can’t survive financially without working capital management. In this article, we will examine many methods pharmaceutical businesses use to oversee their working capital management and compare and contrast them.

The supply chain is becoming more intelligent, networked, and technologically advanced as a result of Logistics 4.0.

Eight disciplines 8D problem-solving methodology was developed in Ford Motor Company which was used to analyze and solve problems, classically employed by quality engineers and other professionals.

In this article we are providing you a list of books that is recommend on the topic of total quality management (TQM).
1. Total Quality Management: Key Concepts and Case Studies
2. Quality Management for Organizational Excellence: Introduction to Total Quality (2-downloads)
3. Total Quality Management and Operational Excellence

SWOT, an acronym for Strengths, Weaknesses, Opportunities, and Threats, is a compass that directs enterprises towards their objectives. In this blog, we will delve deep into SWOT analysis, revealing its complexities and showing how this adaptable technique can be used.

A plan for leveraging the commercial advantages of data assets and technology-focused activities is known as a digital strategy, sometimes known as a digital media strategy.

Lean production aims to eliminate waste, or any process’ non-value-added components. A process retains some waste unless it has been lean numerous times. Lean principles gives new shades to leadership and creates sustainable business success.

Six Sigma Belts have been known to start from entry-level White Belts through to Yellow Belts, Green Belts, Black Belts, and Master Black belts. So, the most 3 belts are recognized in the industry: Green, Black, and Master Black Belts. 

Total quality management (TQM) is a management approach to long-term success by having all its members concentrate on improving quality and delivering customer satisfaction.

The ISO 9000 standards are made by an International consensus of countries to generate global standards of service & product quality. These standards structure a Quality Management System (QMS) and are utilized by any organization despite product, organizational size, service, or whether it’s a public or private company. One of them is ISO 9001.