All You Need to Know About JIT (Just-in-Time) Inventory
Just-in-Time Inventory is an inventory management method that aims to provide inventory, raw materials, and workers only at the time of need.| Deskera Blog
Just-in-Time Inventory is an inventory management method that aims to provide inventory, raw materials, and workers only at the time of need.| Deskera Blog
Streamline sales, automate marketing, and deliver excellent customer service with Deskera CRM. Segment customers, track interactions, and grow your business.| Deskera
A bill of materials (BoM) is a thorough rundown of parts, components, assemblies, and different materials needed to make a product.| Deskera Blog
Lean manufacturing has contributed to a 25 percent increase in productivity. Additionally, it has resulted in a 20 percent reduction in lead times [https://www.deskera.com/blog/lead-time]. Lean manufacturing is a business philosophy focusing on reducing production waste. It aims at improving efficiency and creating a better working| Deskera Blog
A million-dollar question, literally and figuratively in every business, big or small, is “How much to order?”. EOQ helps answer this question. As a business owner, your main enemies are overabundance and/or shortage of goods. When you have inventory in large quantities sitting in your warehouse and no one| Deskera Blog
Vendor Managed Inventory (VMI) transforms modern manufacturing operations by reducing lead times, improving fulfillment accuracy, and boosting sales.| Deskera Blog
Safety stock is an extra quantity of a product that is stored in the warehouse to prevent an out-of-stock situation, and retain customers.| Deskera Blog
A blockchain is a distributed database, also known as a digital ledger, consisting of blocks that are strung together to hold the batches of time stamped transactions. Each block involved in that transaction is linked to the previous one, forming a timeline through cryptography that creates a chain of data known as Blockchain.| Deskera Blog
The impact of RFID technology in the manufacturing sector is undeniable, as evidenced by staggering statistics. According to a recent study by Supply Chain Digest, companies implementing RFID technology experience an average inventory accuracy improvement of 27%.| Deskera Blog
Inventory control is monitoring & managing a company's inventory and warehouse by keeping up the stock at desired levels.| Deskera Blog
Supply chain management administers the progression of labor and products and incorporates all cycles that change raw materials into end products.| Deskera Blog
KPI, or Key Performance Indicator, is a measurable and achievable metric that helps businesses track progress and measure effort towards a desired objective| Deskera Blog
What's inventory all about? Get clear definitions, explore various types, and understand through examples. Manufacturing basics made easy.| Deskera Blog
A technique for predicting future demand for a product is demand forecasting. Managers use different approaches to predict demand forecasting more accurately| Deskera Blog
Inventory carrying costs refers to the cost incurred in the process of holding the unsold inventory. One of the topmost problems organizations have with inventory management is carrying costs. Inventory carrying costs include storage, shipping, handling, labor, insurance, taxes, item replacement, shrinkage, and depreciation. They are incurred when products are kept on the shelves in a warehouse, distribution facility, or retail location.| Deskera Blog
ABC analysis is an important part of inventory management as it helps in categorizing stocks into three categories - A,B, and C, based on their revenue.| Deskera Blog
Just-in-time inventory is a term that implies ordering inventory only as they are required. This article will help you understand this method in depth.| Deskera Blog
What's Material Requirements Planning (MRP)? Find out how it helps factories run smoother and learn to manage inventory better with MRP tools.| Deskera Blog
ERP software allows your business units to automate every tasks. Read this article to know what is erp and learn best practices to complete your business needs| Deskera Blog
