Reducing the lead time by doing stock categorization improves overall productivity, resulting in higher revenues and profits. The Lead Time is the amount of time taken for a particular Stock Item to reach the warehouses from the date of ordering. Longer lead times often result in inefficiencies and wastage of resources. Businesses should review their […]
Supply Chain
How Protected Is Your Business to Deal with Coronavirus (COVID-19) Outbreak? with Inforgraphic
Business is affected due to the coronavirus outbreak. Yet, they must act as the lifeline in supporting many people from producing, delivering essentials to providing livelihood for the workforce. Eventually, it becomes the jobs of the entrepreneurs and business to be prepared and protect the businesses to keep the company running.
Trade in New Opportunities and Business under COVID-19 Outbreak
A COVID-19 outbreak declared a public health emergency of international concern by the WHO, can cripple a business for days, months or years; That is if it survives the wrath of coronavirus outbreak. Based on Trdinoo’s observations, we believe some of these following business opportunities available for trade under COVID-19 Outbreak.
4 Strategies to Improve Supply Chain for your Business
To improve supply chain, it’s important to find the right vendor for your business. What makes a vendor fit in your supply chain will be different for every business, but a few metrics like price, location, product quality should be of critical importance.
7 Basic Business Activities of a Startup Business
Rightly supervising these 7 basic business activities should be a focus of any startup business to run efficiently. As a result, these basic activates of the business are essential part in the productivity as well as growth of the company.
Entrepreneurs Guide to Buying a Vehicle for Business
It’s common for entrepreneurs to buy vehicles for business purposes. Business vehicle purchases can expand & improve businesses, get you tax write-off and many other benefits. This is a must read guide for buying a vehicle like car, truck, RV or van for your business.
8 Factors to Consider When Transporting Goods in Business Logistics
A business should strive for excellence in transporting goods in business logistics at an efficient manner to be successful. All these important 8 factors help the supply chain process by which customer needs can be fulfilled by a business.