Supply Chain is the coordination and management of supply chains. Logistics management is the process of integration and preservation of goods in an organization whereas Logistics is basically a subdivision of the supply chain.
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These 10 essential skills to keep you relevant in the ever-changing digital industry:
1. A Focus on Digital Marketing Analytics
2. Focus more on sharing live video on social media
3. Content Planning
Logistics 4.0 and Supply Chain 4.0 concerns the different parts of end-to-end logistics and supply chain management with regards to Industry 4.0, the Internet of Things digital actual frameworks, arising advances, progressed information investigation and (semi-)self-governing decisions empowered by AI.
To know if the customer is satisfied or likes your product/service, you can measure it on, How likely they are ready to recommend it. This can be done through Net Promoter Score (NPS).
The phrase means designing the process that will lead to a positive and effective conversation with the team members. While “process conversation”, won’t ensure smooth sailing of your company, but it will definitely help to deal with the predictable issue that might occur while communicating with the team.
Lean can be interpreted as a set of tools and strategies that help you identify and then eliminate the identified waste from the operations process. In this article we are going to discuss about the lean mistakes you should avoid.
Moving ahead, let’s read about what the term Lean Transformation implies. “Lean Transformation” is a term that illustrates the strategic, tactical, and operative advancements that any organization undergoes for creating more value for its ultimate consumers.
Just in Time management is focused on efficiency, whereas, lean management concentrates on using efficiency to add more value to the customers. Management helps in the achievement of goals, optimum utilization of resources, lessens the cost, establishes a sound organization, provides essentials for the prosperity of the organization along with the society, thus, benefiting every aspect of an organization.
Six Sigma can be defined as a set of techniques and tools that are used for process improvement.
The fundamental leadership qualities have not changed for decades like being diligent, committed, with clear vision but the commercial environment has changed which has given a new direction to Leadership