Do you know the importance of inventory management? I am sure most of you will say yes! But do you know the full range of benefits. Inventory management enhances business operations with the effective flow of goods and services. Inventory Management and control implies the controlling of business stock or controlling the movement of products…
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Finding and retaining top talent is a key strength of successful businesses. Without the best people, it’s overly optimistic to expect upper-level and mid-level management to perform in a manner that will improve business performance. The same is true for meeting or exceeding key performance indicators set by the CEO too. Here are 4 things…
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Distribution centers or warehouses are constantly faced with the challenges of efficiently optimizing space due to its limited availability. It is no news that running a large-scale warehouse can incur heavy cost on the business. Which is why it is critical for warehouses or distribution centers to run as efficiently as possible and work on…
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First and Foremost, Happy New Year to you all from SCMDOJO! “The Pessimist Sees Difficulty In Every Opportunity. The Optimist Sees Opportunity In Every Difficulty.” – Winston Churchill This was the key message for me in 2018. During 2018, I made the biggest change by rebranding from Muddassir to SCMDOJO to move from a single…
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Everyone knows that a bad hire can be really costly to a business specially in procurement leadership capacity. When you account for hiring, training, and onboarding costs, plus the opportunity cost of not hiring a successful employee – not to mention the impact on workplace culture – hiring the wrong person can set a company back tens…
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Some third-party vendors may provide you with goods, services, and many other supports. Would you be able to track everything manually? What is your strategy for effective supplier relationship management? If not, then what’s the solution? It’s simply following the supplier relationship management strategies. Why is effective Supplier Relationship Management so important? If with some strategic…
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From the early assembly lines to cutting-edge robotic systems, the continually evolving supply chain technologies is Shaping the present and the future. Most recent trends in supply chain technologies focus on a smart, tech-driven solution to decrease operating costs and improve efficiency. These changes are based on leading supply chain establishments having immediate adoption and…
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ERP System Sucks! It’s true. If you work in a large enterprise, whether in manufacturing, telecom, automotive or retail, you’d know exactly why ERP systems are not what they are made out to be. Rather than making your job easier, they make things much, much more difficult and more complex. We are talking about the…
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Amongst the big issues killing any business valuation is the volume of inventory at hand that is placed as excess and obsolete. Excess and obsolete inventory is the outcome from several problems that ensue due to “a series of unplanned proceedings”, and often extends to many functions. For a typical business, the excess and obsolete…
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Demand planning and forecasting is about people, processes and technology. A similar concept as 4 Key Pillars of Supply Chain Strategy. The four broader aspects of demand planning and forecasting today are 1) Finding the Right Model The first pressing question is how does one choose a forecasting method? Most often firms often choose…
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is a Manufacturing Operations, Procurement and Supply Chain leader from international multi-site manufacturing experience in Electrical, Hydraulics and Internet industries
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