-
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...
-
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...
-
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...
-
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.
-
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...
-
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....
-
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?
-
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.
-
Streamlining Production with Contract Manufacturing: A Comprehensive Guide
APRIL 21, 2023
Contract manufacturingis a widely used business model that has gained popularity in recent years, particularly in industries such as electronics, automotive, and aerospace.
-
Which account does not appear on the balance sheet? 11 examples
APRIL 20, 2023
Which account does not appear on the balance sheet ? There are various accounts that do not appear on the balance sheet but impact the company's financial performance.