Small and medium manufacturing is one of the oldest businesses in existence, dating back to the Middle Ages. Its magnitude has always been both its greatest strength and its greatest vulnerability. Despite the numerous hurdles posed by the epidemic,...
Supply chain businesses today are struggling to keep up with the rising unpredictability of consumer demand. One of the major challenges they are facing is a surge and eliminating Excess and Obsolete stocks while transitioning to a more agile...
“You don’t need to know the whole alphabet of Safety. The A, B, C of it will save you if you follow it: Always Be Careful.” – Colorado School of Mines Magazine When we leave for work, we put...
Connected devices powered by the Internet of Things (IoT) technology have become ubiquitous in businesses in the recent past. Businesses that were skeptical of the hype around IoT are now beginning to see the merit of it. The early...
Agile is an iterative and incremental process of development of a product or process in any line of business where solutions evolve through collaboration between cross-functional and self-organizational teams to deliver the highest business value in the shortest time....
All the finances that flow in and out of an organization are handled by two processes – Accounts Payable (AP) and Accounts Receivable (AR). Accounts Payable process deals with recording and paying supplier invoices, supplier advances, and employee payments....
Field Force Management involves managing people on their field jobs to increase efficiency, maximize customer satisfaction, and minimize operational costs. Field force managers collect all the information