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What is Supply Chain Optimization and How to Implement
APRIL 26, 2023
Supply chain optimization is a critical aspect of modern business management. As global competition continues to increase, companies must find ways to streamline their supply chains and improve...
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Lean supply chain: Its bright future with technology
APRIL 25, 2023
Over time, Lean supply chains developed and even though Industry 4.0 or Technology has been the latest movement, the improvement of Global supply chains using Lean methodologies has become a primary...
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Bullwhip effect
APRIL 25, 2023
The bullwhip effect bullwhip effect in supply chain can lead participants to inaccurate forecasting, hoarding of inventory, inefficiencies from overstocking, and eventual product shortages if adopted...
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Manufacturing supply chain: Real challenges to deal with
APRIL 25, 2023
Global manufacturing supply chain deals with the outbreak of COVID-19 has posed some of the greatest challenges due to social and environmental issues, varying demands, disruption, and rapid...
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Value Chain vs Supply Chain: What is the Difference
APRIL 24, 2023
It is crucial to recognize the differences between value chain vs supply chain , as these concepts significant influence a company's success. Although often used interchangeably, they represent...
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Supply chain network: Guidance to design it right
APRIL 24, 2023
Designing an effective supply chain network requires careful consideration of various elements, including objectives, strategies, constraints, and technologies.
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What is the manufacturing overhead? How to allocate and account for manufacturing overheads
APRIL 24, 2023
General production costsis one of the important factors used to measure the actual performance of the business. In the following article, Viindoo will share with readers detailed information about...
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What is Poka Yoke? How to apply Defect Prevention in production
APRIL 21, 2023
While visiting a factory in the early 1960s, Shingo noticed that workers had forgotten to fit a spring into a simple on/off switch. This small error leads to the following processes being disabled....
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What is WACC? How much WACC is good? How to calculate standard WACC
APRIL 21, 2023
What is WACC ? What is WACC used for? What is the meaning of this indicator? How good is this index?
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Explanation of What is Replenishment and How does it Work
APRIL 21, 2023
What is Replenishment? This is one critical aspect of supply chain management is replenishment, which refers to the process of restocking products to maintain desired inventory levels.
