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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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Digital transformation in the supply chain
APRIL 25, 2023
In this article, we dive into digital supply chain management. The technologies in detail and examine some of the best practices for supply chain management, including collaborating with supply chain...
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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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Supply Chain Security: Notes For Effectively Management
APRIL 24, 2023
The guidance aims to enhance the understanding of supply chain security among organizations and promote the adoption of good practices to raise the overall level of competency.
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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?
