Inventory management has always been a critical component of the manufacturing process. However, in the modern business landscape, its importance has grown exponentially. The demands of the modern ...

Discover how to wisely harness AI and advanced technologies in manufacturing and supply chains with a new eBook from LMA ...

Companies use a Just-in-Time manufacturing and inventory management system to improve the efficiency of the company and reduce costs. The system requires manufacturers to purchase only when customer ...

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...

Comparative analysis of working capital issues and tools in manufacturing (inventory, bulk cash) and service (debtors, cash ...

Inventory control and management are vital to any business’s success, acting as the foundation for efficient operations and overall profitability. For manufacturers specifically, inventory represents ...

Inventory control risks affect all companies regardless of how much inventory the company carries. A small business typically has a large amount of its cash tied up in inventory. With such a large ...

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Enterprise supply chain optimization continues to evolve rapidly, with Oracle Cloud technologies leading transformative changes across multiple industries. Modern supply chain implementations require ...

This concentration is intended to prepare students for modeling and simulating various problems related to supply chain management, such as procurement, manufacturing, logistics and distribution, ...