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The production routing process is an integral part of manufacturing, and it helps to establish the most efficient method of production. Routing in production is about formulating a plan in detailed steps, to convert raw materials into finished products. The Importance of Production Routing in Manufacturing Production routing establishes the steps needed to produce something, […]

It is absolutely essential for any individual or company to be organized if they want to be successful. Any business that deals in products is likely to have one or more warehouses, depending on the size of the business. The warehouse is a critical part of your business, and it is imperative that it is […]

Every business needs fixed or physical assets to operate – land, machinery, computers, equipment, furniture, vehicles, and the like. Fixed asset management involves monitoring and maintaining the physical assets of an organizations with the help of RFID tags GPS, barcodes, QR codes, IoT sensors, and more. These codes and tags are easily scanned and read […]

Managing field service can be pretty challenging – more so when you rely on manual and paper-based methods. It is extremely essential in today’s competitive world to have a robust field service management software that enables the efficient management of your workforce, machines, equipment, vehicles, and more. Unlike managing business property, field management requires managers […]

The best way to find out if you made a profit on a production order is to calculate how much it cost you to produce those goods, and deduct it from the selling price. But what exactly is the cost of production and how do you calculate it? To put it simply, the cost of […]

A supply chain refers to the system that encompasses every person, organization, technology, activity, resource, and process that is involved in creating and selling a product, beginning with delivering raw materials from the vendor to the manufacturer, up to the delivery of finished product to the customer. Value chain on the other hand, is concerned […]

One of the most crucial aspects of efficient inventory management is ensuring that you have the appropriate amount of inventory where its needed. Assume you are a company selling electronic appliances in multiple cities across the Middle East; you need to ensure that all your stores have adequate stocks to fulfil consumer requirements. How will […]

All manufacturers and most retailers have warehouses to store their products; it is essential that these warehouses are efficiently managed to ensure smooth operations. It is only then that your employees’ safety is ensured, costs are minimized, and customer orders are shipped out and delivered in time. A poorly managed warehouse can cause you to […]

Asset tagging is a crucial activity for any business that relies heavily on assets for revenue generation. It helps employees to know where inventory, machinery, vehicles, and equipment are at any given time, using tags and labels like RFID tags, GPS trackers, and barcodes. Savvy businesses can make use of innovative tracking technology and cloud-based […]

Though the world is limping back to normalcy post-Covid, procurement professionals still face several challenges, as the global supply chains have been disrupted – the war between Russia and Ukraine has added to it. Obviously, procurement managers will have to form robust procurement strategies to keep costs down and get the best deals from vendors. […]