What is lead time and how to measure it? How to reduce your lead times and be more dependable? Here is a comprehensive guide to a topic that directly affects how happy your customers are.
Read more
Return Merchandise Authorization or RMA is a systemic approach to handling product returns. It allows for better tracking, makes the processes quicker, and could thereby improve customer satisfaction.
Read more
Traceability essentially means having insight into the chain of events that is your business. But how to achieve it and what are the mechanisms that support it?
Read more
Implementing proper materials management methods allows businesses to make sure raw materials reach the shop floor at the right time, in the right quantity and quality. Follow these best practices to get more control over this essential supply chain function.
Read more
Procurement management is more than making phone calls and arranging the purchase of materials. It is a vital part of any manufacturing company and having a strategic approach to it could bring about immense benefits.
Read more
Following supplier performance management best practices and using proper metrics could help you identify and deal with supply chain issues early on, avoiding stock-outs, production bottlenecks, or other complications that could arise due to unreliable suppliers.
Read more
Demand forecasting could be the key to a business’s future. But how does it work and how could it be leveraged in a way that would be most beneficial?
Read more
COVID-19 has accentuated problems and accelerated change in a global supply chain environment already under stress.
Read more
Minimum Order Quantity can help preserve customers while lowering inventory, improving cash flow, and profitability.
Read more
A supply chain, or logistics chain, is a system of processes, people, activities, information, and resources needed to get a product or service from producer to consumer.
Read more
Backorders are orders for goods that a company cannot fill at present because demand has outpaced supply.
Read more
The reorder point, also known as ROP, is the inventory level at which an order is triggered to replenish the inventory stock. Read more from this article.
Read more