Supply chain management (SCM) is concerned with the flow of products and information between supply chain organization members. Recent developments in technology allow organizations to easily communicate within their premises. These technologies are useful for coordinating activities for supply chain management. The cost of information is decreasing due to the increasing rate of technology. In the integrated supply chain model reflected in reverse material and feedback flow. Management needs to understand that information technology is more than just computers.
Read more ...Vietnam has a large and growing economy, attracting more companies from around the world than any other country in Southeast Asia. It’s considered to be one of the easiest countries in which foreign-owned companies can establish themselves as well. Companies must register their association with Vietnam's Ministry of Planning and Investment, but all other steps are straightforward – they will issue all documents required by their state registration and tax authorities, including business licenses and operating permits.
Read more ...Humans use the predictions to make decisions. The new classical economics can be described as a theory of exchange, wherein a community provides individuals with the optimal locations and requirements for their activities, so that the required inputs are located close at hand, however their desired outputs are not where they are produced. Decision-making is about the most challenging aspect of human life. That is why you can find so many different kinds of decision-making tools in modern businesses. However, with the rapid increase in big data analytics and artificial intelligence technology, AI is gradually becoming a trend which is being adopted by a large number of companies around the world.
Read more ...It’s no secret that the business world is becoming more and more competitive, with companies scrambling to stay ahead of the curve. To do this, many organizations are turning to new approaches like Lean and Agile methodologies. But what are these strategies, exactly? And how can they be implemented in your organization? This blog post will explore the fundamentals of Lean and Agile Strategies, delving into their differences and discussing how they can help your business succeed. Read on to learn more!
Read more ...Instagram is the fastest growing social media platform in the world.
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