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    Bathtub Curve in Product Life Cycle

    What is Bathtub Curve? The Bathtub Curve is a diagram model made to speak to the disappointment pace...

    Pitfalls of Logistic Outsourcing

    Logistic Outsouring and 3PL,4PL and 5Pl Logistics partners are the common terms in the global business. But, one should consider the pitfalls as well while making decision for Logistics Outsourcing. Here is the list of 10 pitfalls to be considered for Logistics Outsourcing.

    HOW PROCUREMENT CAN BECOME VALUE ADDING FUNCTION IN SUPPLY CHAIN

    Procurement will be considered as a value adding function if the approach is customized and if it is based on the needs...

    Prepare your Supply Chain for Crisis and Beyond

    We all know that It’s impossible to anticipate the arrival of global crises such as the coronavirus outbreak. However, firms can mitigate their impacts by taking supply chain preparedness to a higher level. The best response, of course, is to be ready before such a crisis hits, since options become more limited when disruption is in full swing. Let's explore in this article how should companies re-design their supply chains to operate effectively in a highly volatile world through excellent examples of past and author - @ wisdom & experience.

    Tag: Inventorymanagement

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    Multi-level warehousing – The new solution of storage

    Multilevel warehousing is now a key to boost up and support supply chain in the post pandemic era. Further, in the era of sky rocketing prices of land in countries like India, such structure helps to use vertical height as well.

    Inventory monitoring & control in a construction company

    Inventory monitoring and control is the major aspect for any materials management dept irrespective of any industry. However, it will be crucial in case of multilocation construction company. It may lead to more resource optimization and fund locking in any company and generates profit.

    Strategic inventory management

    In this competitive global...