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In recent years, businesses have encountered difficulties in managing their inventory. Various factors, ranging from supply chain uncertainties to substantial inflation and changes in consumer behavior due to the pandemic, have had a significant impact on companies' inventory levels. What is the relationship between supply chain uncertainties, inflation, and

AI's popularity, sparked initially in part by 'AlphaGo', continues to sweep the industry with the emergence of ChatGPT. This generative AI, recognized for its limitless potential, is gaining popularity across various business domains. Moreover, AI technologies, constantly advancing, are actively being applied in diverse business areas.

Are you familiar with "Just-in-Time" (JIT)? This term signifies the concept of timely execution and extends beyond everyday use to encompass production processes and inventory management techniques. JIT, an abbreviation for Just-in-Time or Just-in-Sequence, highlights these precise production methods. What is Just-In-Time Approach? "JIT pertains to product

An SKU (Stock Keeping Unit) is a commonly used term in logistics and inventory management that refers to the unit designation when individual inventory items are displayed on shelves, assuming unit control. 💡It is the unique identification code used to facilitate easy tracking for inventory management purposes. [Definition source: Wikipedia]

As your business grows, the need for efficient management of company resources increases. Companies recognize the importance of business operations management and contemplate the implementation of an ERP system to streamline asset management. But is managing the business through an ERP system truly the sole solution for a better business?

Post-COVID era, ‘value retail’, provides value to customers by offering competitive pricing and opportunities to save money. Value retail encompasses various types of retail establishments including clearance businesses, discount stores, outlet malls, online discount retails, thrift shops, consignment stores, and online marketplace for used goods. We will explore how businesses