Month: September 2020

88

7 Popular Inventory Management Methods and Techniques in 2021

  Inventory is a popular term being widely used in all tiers of industries (primary, secondary and tertiary). It refers to the stock of items that are in storage, transit or being kept for maintenance/repair. Operations management experts believe that the inventory carrying costs amounts to 30% of the total inventory costs, whereas the total …

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7

Implementing Blockchain for Inventory Optimization

Supply chain logistics is paramount to the success of any business,without implementing the proper strategy for supply chain management, no business can run efficiently or survive. That’s why many enterprises and manufacturing firms invest a hefty amount in effectively maintaining their supply chain network. Supply chain management comprises of product sourcing, product development, procurement, and …

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6

Why Your business Needs End-to-End Supply Chain Visibility

The quality of a business supply chain can either make or break it. supply chains  used by businesses are complex, making them unable to monitor  activities at every stage of the supply chain. This lack of visibility by all parties involved in the supply process reduces efficiency and  can cause major problems from goods delivered …

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5

Understanding Blockchain Technology

In the last couple of years, blockchain has been a hot topic of discussion amongst tech enthusiasts, for many that don’t know blockchain is the underlying technology behind the leading cryptocurrency bitcoin. In this article, I’ll put the best of my efforts to make you understand what is blockchain and what are its potential implications? …

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A Deeper Look into Biometric Hash

Biometric Hash has been a point of discussion recently because it helps handle biometric patterns in a private manner. There has been a wide research in the generation of a personal and stable hash values for individuals. The owner of a locked phone looks at its camera, and it unlocks, his fingerprint once placed against …

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