Browsing: logistics

As we know, agility refers to speed and efficiency. And an agile supply chain is focused on speed, cost, efficiency, responsiveness, flexibility, and productivity in the production and delivery of goods. Agile supply chains rely on real-time data.

The way to reduce inventory isn’t to purchase LESS; the key is to purchase LATER. Teams that use this inventory-reducing strategy and mindset will free up staggering measures of capital for their organizations.

In this world of transformation Supply chain has become the hottest buzzword of this decade. Supply chain is very important for smooth functioning in an organization. Elements of supply chain management is useful for the both manufac

The Supply Chain KPIs are a measure that defines & evaluates how successful an organization is. In today’s highly global & competitive marketplace, most businesses have noticed the value of investing in supply chain improvement. If investments is make, then an evaluation of their returns must be there.

Just-In-Time (JIT) manufacturing is a production model based on the Toyota Production System, used to eliminate waste and in which business owners produce products once a customer has requested & paid for it, not created in excess or in advance of need.