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Category Archives: inventory management

How do businesses profit by Sustainable Manufacturing?

Sustainable manufacturing can be described as a framework that combines product and process design issues with production, planning and control issues.  It is done in such a way that environmental waste flows can be detected, quantified, evaluated and controlled with the goal of positively influencing the environmental impact to that of the Earth’s self-recovery capacity. … Continue reading How do businesses profit by Sustainable Manufacturing?

fsn analysis

How to segregate FSN Category

Industries remain specific and selective when applying approaches to improve inventory management processes. Analysing these in-depth will help understand the obstacles  and value’s  in choosing an effective methodology that involves FSN category as one of the primary variables responsible for driving productivity across an organizational supply chain. The FSN category is based on the level … Continue reading How to segregate FSN Category

8 Proven Tactics to Realize Predictive Maintenance Greatness

Predictive maintenance in industries is a methodology of preventing machinery or product failure by analysing production data to identify patterns and predict the problems before it happens. For every industrial asset, predictive maintenance needs to be carried out as it is a crucial role. There are certain factors that can explain why is it very … Continue reading 8 Proven Tactics to Realize Predictive Maintenance Greatness

obsolete mro spare parts

What’s up with your obsolete MRO spare parts?

When the product is at the end of life cycle, it becomes obsolete.  Or it applies to products that weren’t used for a long period of time, which can also be termed as ‘unused spares’. Obsolescence of spare parts is a major concern for industries that affect most of the equipment.. The industry is facing … Continue reading What’s up with your obsolete MRO spare parts?

Easy inventory management

TECHNOLOGY THAT EASE THE INVENTORY MANAGEMENT

Inventory Management is part of supply chain management.It is the process of ordering, storing and using the company’s inventory without excess or shortage.  The attribute of Good Inventory Management Technology • Product rationalization • Decentralized warehouse • Track your stock in real-time • Prevent Shortages & Excess • Optimization • Forecasting the demand • Reducing … Continue reading TECHNOLOGY THAT EASE THE INVENTORY MANAGEMENT

What Manufacturing Units Must know?

Product Demand Forecasting Why demand forecasting? Let’s say you are manufacturer of industrial spares, then forecasting the raw materials for production is very important. Technology obsolescence is happening everywhere, so you need to produce spares where they can fit into any industry,.. Failing to do so will lead to excess inventory which is one of … Continue reading What Manufacturing Units Must know?

Digital Inventory Revolution in Cement Industry

Naleem Bukari, Founder and CEO of CODA TECHNOLOGY SOLUTION, quotes that so much changes have happened in the past 10 years, especially after evolution of Digitalization across varied sections of life!  From Vintage phones to Smart phones From Barter System to Digital Economy From Traditional Book Keeping to ERP Management Industrial challenges and how we … Continue reading Digital Inventory Revolution in Cement Industry

Excess Industry – How to Identify, Measure and Manage?

Excess inventory does not only harm your company’s profits but impacts the overall economy too, as those resources can be put for better use.  More you hold on to the idle industrial products, the more you lose (finally disposing as scrap or even pay to flush out scrap). There are so many reasons for overstock … Continue reading Excess Industry – How to Identify, Measure and Manage?