Episodes
Wednesday Dec 15, 2021
Inventory Costs – A Quick Overview
Wednesday Dec 15, 2021
Wednesday Dec 15, 2021
Inventory costs make up a substantial part of any manufacturing or distributing company’s total expenses. To ensure the good financial health of your business, it is necessary to know how to make sense of these expenses and how to balance them.
You can learn more about it from this episode or read the article here.
Thursday Dec 09, 2021
What Is Agile Manufacturing?
Thursday Dec 09, 2021
Thursday Dec 09, 2021
Agile manufacturing is an approach to manufacturing that aims to increase product quality and service while reducing cost by implementing feedback-based design, planning, and production practices. Digital technology is at the heart of this modern manufacturing methodology.
You can learn more about it from this episode or read the article here.
Wednesday Dec 01, 2021
What Is Cycle Inventory and How to Manage It?
Wednesday Dec 01, 2021
Wednesday Dec 01, 2021
Cycle inventory is the stock that is used to respond to regular sales and demand forecasts, as opposed to the safety stock used when there are fluctuations in demand or supply. Properly managing cycle stock is therefore a crucial part of any well-functioning business.
You can learn more about it from this episode or read the article here.