After years of uncertainty and rapidly shifting demands, today’s warehouses are on the hunt for operational excellence and improved efficiency. Leaders have seen gains in these areas translate directly to cost savings, improved utilisation of space and racking, and enhanced customer satisfaction via improved service and accurate fulfilment. Getting to your peak efficiency is difficult, especially for large operations. However, there are core best practices that can be applied at any scale and deliver effective results. After asking internal stakeholders and leading operations managers across multiple sectors, we’ve landed on 10 important areas that can deliver substantial results.
Medical technology (MedTech) is an essential component of high-quality patient care. Doctors may fail to maintain high standards without the devices to diagnose or treat illnesses. Along with the quality of care, there are other benefits of MedTech. Autonomy for doctors, patient safety, and satisfaction from both are priorities. Moreover, a study by management consulting firm McKinsey & Company confirms that optimising the supply chain could improve outcomes and operations.
As a supply chain professional, presentations are a crucial part of your job. Whether you are presenting to your team, your colleagues, or your clients, effective communication is key to success. A well-crafted presentation can help you convey complex ideas clearly, engage your audience, and inspire action. As a supply chain executive, you may be called upon to present your company's supply chain strategy, explain a new process or system, or present the results of a project or initiative. There are several reasons why a supply chain management presentation is important:
In his Spring Budget the Chancellor, Jeremy Hunt has laid out the Government’s plan for growth. The Institute has highlighted two areas of particular interest to our Members: employment and education.
Contemporary e-Procurement platforms record every interaction and offer a complete audit trail of whom did what. If the tertiary assessor changed your order to include five more gadgets, you would now enable you to identify when and where you can change it, or even better, you will be able to prevent the change from occurring in the first place.
Every business owner is feeling reticent to open their wallets right now. This has been a very tough time for UK companies regardless of what industry you are working in, and how big your firm is. The fact is that the current price increase has made a lot of entrepreneurs extremely nervous, and every budget decision has a lot riding on it. You need to know that if you are going to be paying good money for a task that you can’t do in-house, that it is going to add safety and security to your business or going to drive profits.
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