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, governmental reforms, tariffs, climate shifts,...
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 system and profitable business.
The success of a Business is an outcome of mutual respect between an employee and the organization. An organization expects the employees to do their best and employee expects an honest and customary incentive package from the Organization. The payroll cycle manages employee salary,...
“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 all our energies into the...
“Document management is knowing what you have, where you have it and how long you have to keep it” During a peak business activity period a critical production issue started, it turned out to be an issue due to a change which...
Health Insurance claims cycle is one of the most intricate processes one could ever imagine. Navigating through various stages of a health insurance claims process can be intimidating for the customers and insurance associates alike. This can be attributed to numerous inefficiencies that are...
“I’d put my money on the sun and solar energy. What a source of power! Hope we don’t have to wait until oil and coal run out before we tackle that.” – Thomas Edison In an attempt to reduce carbon emissions from electricity generation...
“We’re not competitor obsessed, we’re customer obsessed. We start with what the customer needs and we work backwards.” ~ jeff bezos Third-Party Logistics (3PL) has become an integral part of modern supply chains. Due to the growing complexity of the global supply chains majority...
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 adopters did not have well-developed...
In the current business environment, the need of positive relationship amongst various stakeholders have been increasingly becoming important and one of the key factors to build a positive relationship is the capability to address counterparties questions and concerns on a daily basis. There are...