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WHAT IS A WORK IN PROGRESS (WIP)

What is a work in progress (WIP)?

Walk into any manufacturing facility mid-shift and you will see it everywhere: raw materials being cut, shaped, assembled, or treated. Products that are no longer just raw inputs, but not yet finished goods either. This in-between state — the goods partially transformed, the costs already committed, the value not yet realised — is what the […]

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Procure-to-pay

What is Procure-to-Pay (P2P)?

Overwhelming financial processes can naturally complicate the control of financial data and the relatability of transactions that are actively taking place in an organisation’s procurement department. Procure-to-pay, typically abbreviated as P2P, is an umbrella term used to keep track of all procurement processes relating to business spending of an organisation. This cycle embodies several activities, […]

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What is Kaizen?

What is Kaizen?

Harnessing authentic business knowledge would give you a headstart in managing your organisation; which is why you must not miss this Japanese business philosophy of continual growth and improvement. ‘Kaizen’ is a philosophical term that defines the Japanese business culture of harnessing significant on-going business improvements and changes to cultivate benefits via organisational alterations and […]

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How to Prepare your School's Timetables

How to Prepare your School’s Timetables

Preparing school timetables must be followed by a well-thought process of prioritising the children’s academic performance and the talents, skills and working time of the teachers. It navigates around the two most important stakeholders of your educational institution- teachers and students. This is why today in our Tigernix Blog Article series, we are going to […]

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What is a Bill of Materials?

What is a Bill of Materials?

If you are more connected to the manufacturing industry, ‘Bill of Materials’ is a term that you will easily tune your ears into. A Bill of Materials, commonly abbreviated as BOM, is an extensively organised list of components and phases that are equipped and followed to manufacture a product. It spans from the initial stages […]

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What is Logistics?

What is Logistics?

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 […]

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Manufacturing Execution System (MES)

What is a Manufacturing Execution System?

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 […]