PROCUREMENT & SUPPLY CHAIN

ABC Analysis A Practice for Inventory Management

February 10, 2022

ABC Analysis A Practice for Inventory Management
The ABC analysis evaluates the value of inventory goods based on their importance to the business. ABC stands for,A Always B Better C Control

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Genzink Steel

Genzink Steel is a manufacturer of superior components and assemblies. Predominantly, our core competencies lay in fabricated metal components and welded assemblies.

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Scaling AI in Manufacturing Operations: A Practitioners Perspective

Infographic | December 13, 2019

AI enables organization to optimize product availability by decreasing out of stocks and spoilage. AI can also help with getting a better understanding of sales patterns. L’Oreal uses AI algorithms to predict demand based on a wide variety of data gathered from social media, weather, and financial markets. AI enables organizations to expediate product development and R&D by reducing the test times and driving more concrete insights from customer data and demands.

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The Five Ws of Warehouse Inventory Management

Infographic | February 4, 2022

Warehouse Inventory Management is the receiving, storing, and tracking of products in a warehouse; managing warehouse staff; and optimizing storage space and costs.

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Rising Manufacturing Cyber Attacks and Preventive Measures

Infographic | March 29, 2022

In 2021, JBS, a meat production company, was attacked by the Russian hacker REvil, who demanded $11 million to restore the system fully, TSMC, one Taiwan's largest manufacturers, suffered a cyber attack that caused $170 million in losses.

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Predictive Maintenance: Everything You Need to Know

Infographic | March 8, 2022

Predictive maintenance is a strategy that employs data analysis tools and procedures to identify anomalies in your operation and potential equipment. It also addresses process problems before they cause failure.

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Making Your Manufacturing Business Cyber Attacks Resilient

Infographic | March 1, 2022

According to the 2021 Global Threat Intelligence Report (GTIR), the manufacturing industry moved from the 8th most targeted sector by cyber attackers to number 2. 30% Attacks come from employees or other personnel with access to the company. (Bitlyft)

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5 Electronic Manufacturing Technology Trends in 2022

Infographic | November 23, 2021

Analysts at Beroe predict that the worldwide electronics manufacturing market is expected to reach $575.69 billion by 2022. High-tech applications are one of the reasons for this surge in electronics manufacturing. Manufacturing technology trends help the industry stand out in terms of product delivery and quality.

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Spotlight

Genzink Steel

Genzink Steel is a manufacturer of superior components and assemblies. Predominantly, our core competencies lay in fabricated metal components and welded assemblies.

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