The World Bank has been instrumental in transforming the National Postal Services of several countries globally by critically analysing their services and the performances of these Establishments, since 1997. Seeing this development, the Indian Government too sought the help of the World Bank in order to bring about a reform in he Traditional Industry. The World Bank duly obliged, developing a report titled ‘Transforming a Postal Infrastructure’ The potential that laid untapped in the
Inventory management refers to the set of practices that enable an organisation to differentiate between enough and excess inventory and implement the same to improve its operational efficiency. Here are some 12 rules which will be of assistance in effective inventory management.
In 2002, the World Bank released its report on India Post, exploring the new opportunities and threats the future holds for India Post, from the time the report was released. Around 10 years later, India Post announced its plan to partner with e-commerce providers in 2013, to increase its business opportunities in search of a possible avenue for profits. India Post, is one of the biggest Public organizations in the country, with over a million employees and over 1,50,000 centres of operation.
With about 50 different ingredients, Domino’s Pizza has a complex source of raw materials. As per Domino’s a possible 34mn combinations have been worked out by them. Certainly, you would not want to have them all in your menu, but the number adequately testifies the choices in front of you at domino’s. This is possibly the most customizable food outlet in the world. Yet, for all this variety, Domino’s supply chain is based on a push concept for most of its operations. It is based on the familiar
For any manufacturing organisation, we can divide the supply chain into two parts. One is the upstream supply chain and the other is downstream supply chain. In this podcast, I am going to discuss the need for multiple supply chains for the downstream. The downstream supply chain originates at the factory and ends with the delivery of the product to the end consumer.
SKU (pronounced as skew) is the abbreviation of Stock Keeping Unit. SKU helps us to uniquely identify a product. Each organisation have their own SKU nomenclature policy, which refers to the methodology of numbering SKUs, governance and control. A given SKU number provides the same understanding to all the stakeholders not only inside your organisation, but also to your suppliers, customers and other stakeholders.
CPIM stands for Certified in Production and Inventory Management.
Since 1973, CPIM has been recognized as the standard of professional competence in production and inventory management. Companies across the globe rely on Certified in Production and Inventory Management designees to maximize return-on-investment, and increase customer satisfaction.
This second edition has been updated and revised to reflect the most recent Six Sigma techniques and to match the ASQ Certified Six Sigma Black Belt Body of Knowledge (BOK). While the primary audience for this work is the individual preparing to sit for the Six Sigma Black Belt certification examination, a secondary audience for the handbook is the quality and Six Sigma professional who would like a relevant Six Sigma reference book.