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?
Category Archives: excess inventories
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
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?
Why the customer’s lead time is precious?
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
How Goospares serves as an Industrial Aggregator
Reasons to buy Industrial Products Online
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?
Excess Capacity to Excess Inventory – Cement Industry
The cement industry has started to experience a threat called Excess capacity where supply and demand are not in line. This problem of overcapacity has been experienced by many other industries as well throughout the year and this poses a serious issue of overstock. Housing sector is contributing well to our GDP and it is … Continue reading Excess Capacity to Excess Inventory – Cement Industry