Challenges in Inventory Management

The objective of inventory management is to maintain pre fixed customer service level while also containing the investment on inventory within limit. It involves numerous challenges depending on the complexity in product design & its structure, complexity

ERP implementation challenges

Though ERP software is an excellent tool for implementing the resource planning process, it's success rate is very low. This is because of not understanding, unambiguously, the challenges involved in the Software implementation process. This lack of under

Productivity

Productivity of the fixed assets in a company is chiefly determined by four factors viz. Utilization, availability, efficiency and quality. Utilization is the ratio of the capacity planned for producing saleable products to the total capacity of the

LEAN VSM

Lean process emphasises and facilitates focus on prevention of all types of wastes, and on synchronisation of flow with uniform velocity. It is a process that helps to achieve the objectives of On time delivery and Satisfied customer at the lowest pos