The term ‘Logistics’ is a common buzzword in the everyday lingo of a person who is familiar in the industrial context. Logistics addresses the structured coordination and implementation of efficient transport mediums and storage facilities of moving resources. Logistics can refer to transporting equipment, inventory, raw materials, or any other resource or consumable from manufacturing […]
It is not surprising to learn that Singapore is a step in front when bidding to expedite digital transformation to enter a future that relies on cutting-edge technologies. As Singapore offers many financial assistive grants for local companies to thrive with technological luxuries, we will be learning of an assistive grant offered to local companies […]
In the contemporary industrial world, manufacturing enterprises strive to achieve more with less. Hence, the need for technological solutions to boost the efficiency of the efforts of manufacturers cannot be emphasised enough. The technological solution that allows them to supercharge the heart of their manufacturing processes is the Manufacturing Execution System (MES). An MES is […]
Tailoring the best manufacturing strategies in industrial manufacturing enterprises is critical and needs extra insight and forecasting specialists. A manufacturing firm’s growth and sustainability depend on the relevancy and relatability of the manufacturing approaches that directly spur the standards of in-house operations and customer relationships; making production strategies the heart of success to any manufacturing […]
All manufacturing firms are incumbent in providing an adequate reliance to clients on their quality of products and services. Manufacturing companies should undergo audit procedures to perform in factories in an accountable and controlled manner. Generally, a manufacturing audit can be defined as a comprehensive verifying approach that inspects the manufacturing processes to determine the […]
The term Reverse Logistics is not new if you are in the field of manufacturing and retailing. Most businesses tackle arbitrarily in managing the logistics flow of returned goods for decades afore, but still, some companies overlook this area when managing order fulfilment processes and forward logistics; unfortunately making them lose their customer trust and […]
Supply Chain Management, commonly abbreviated as SCM, is a myriad of activities specialised in optimising a product’s value creation and material flows from point of production to the final point of consumption. The term, ‘Supply Chain Management’ was coined by a British logistician and a well-renowned management consultant: Keith Oliver, in an interview hosted by […]
Manufacturing costs are regarded as the main mode of expenses in mass merchandise manufacturing companies; acknowledging the ways of effectively shrinking the manufacturing costs is, therefore, valuable knowledge. Manufacturing costs refers to the direct and indirect labour cost, material cost, equipment cost and all other costs related in converting- manually or automatically – raw materials […]
Many educational institutions are now using computerised administrative systems to supercharge their managerial and operational efficacies. We have reached a revelation where corporate goals, growth, and success cannot be distinguished by schools separately from technological solutions. But some schools are still at the bay; stuck in a dilemma whether their manual systems even have the […]
A foresightful business would always research for ways to excel the quality and efficiency of a company. But with technologies redefining business activities, bulking up recruitments for each task is usually not cost-efficient for any business. Decision-makers are familiar with how technological advancements transform firms from good to better; this is why a business needs […]