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What is Replenishment and how does it work?
DECEMBER 19, 2023
What is Replenishment? This is an important aspect of supply chain management which is replenishment, which refers to the process of replenishing products to maintain desired inventory levels.
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10 benefits of digital transformation in business do you know?
DECEMBER 19, 2023
Even though businesses have heard the phrase "Digital transformation - An inevitable trend in the 4.0 technology era" many, but still many units feel worried about the risks they will face if they do...
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Working Capital Formula: How to Calculate and Interpret It
DECEMBER 18, 2023
Working capital formula is a fundamental concept familiar to financial professionals. It serves as a cornerstone for assessing reveal the liquidity and solvency of an organization.
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What is project risk analysis? How to do it and methods
DECEMBER 18, 2023
The project risk analysis is very important to ensure the success of the project. It also helps project managers have an overview of potential situations that could affect the final result.
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What is digital transformation and digitization? Digitize to advance digital transformation
DECEMBER 18, 2023
In the age of digital technology, digital transformation and digitalization are two important concepts that businesses need to understand to can be applied effectively, helping businesses grow and...
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What is a production system? Roles and classification of common systems
DECEMBER 18, 2023
Production system is the key to helping businesses be proactive in their business and production processes. Thereby, the company will limit arising costs as well as unwanted risks.
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How to Identify Team Productivity Issues in 3 Steps
DECEMBER 15, 2023
Ever since I brought my team together, I’ve been on a constant quest for improvement. Optimizing our work processes, speeding up deliveries, finding ways to engage and motivate the team, just name...
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Strategies for Risk Mitigation: How to Make Reliable Delivery Commitments
DECEMBER 15, 2023
How can we make reliable delivery commitments when there is so much uncertainty that we have to deal with? How can we mitigate the risk of failure while managing realistic expectations?
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How to Defeat Resistance to Transparency
DECEMBER 15, 2023
Today, I want to dive deep into a topic that is near and dear to my heart: the resistance to transparency. You see, in the world of change management, people feel uncomfortable with the level of...
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Breaking Down Siloed Thinking: Strategies for Better Business Outcomes
DECEMBER 14, 2023
The truth is, when individuals become fixated on their own performance metrics or personal achievements, it can create a sense of rivalry. Instead of working together harmoniously, your teammates...