What Is Just In Time Inventory (JIT)
Inventory is a valuable asset in many industries. If your business depends on inventory to build your brand and generate revenue, just-in-time (JIT) inventory should be on your radar. It’s a buzzword in the supply chain world as well as a tried-and-true technique that can help you improve efficiency and increase your bottom line.
The Supply Chain Of The Future: What You Need To Know About Additive Manufacturing
The manufacturing industry has established practices for product development, production and supply chain management. Organizations that develop new products carefully follow these well-known processes and rarely take risks. However, new opportunities that arise from additive manufacturing may challenge the way things are done today.
Manufacturing Operations Management Solution Market Size 2022
Manufacturing Operations Management Solution Market report covers the manufacturers’ data, including business distribution, cost and price, margin, and gross revenue. This allows a reader to understand consumers’ behavior and a better understanding of the leading competitor’s operation in the market.
Manufacturing inventory hits record $1.8tn worldwide
Manufacturers from Samsung to Ford are seeing a sharp increase in inventory as consumer demand weakens amid surging inflation, prompting worries that companies will have to adjust production in the face of a looming protracted economic downturn.