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8 Common Inventory Mistakes in Mining and Their Impact on Operations

Posted on June 6, 2025

In the mining industry, effective inventory management is critical to ensuring smooth operations, minimizing downtime, and maintaining profitability. However, managing inventory in this complex sector is far from straightforward. Poor practices, oversight,…

10 Must-Know Inventory Management Strategies for 2024

Posted on June 6, 2025

Effective inventory management is crucial for businesses to optimize their operations, reduce costs, and meet customer demands. As we head into 2024, it’s important for businesses to stay ahead of the curve…

The Good and Bad Effects of OSMI Inventory

Posted on June 6, 2025

In the world of supply chain and inventory management, the term OSMI—short for Obsolete, Slow-Moving, and Excess Inventory—often carries a negative connotation. And for good reason: when left unmanaged, OSMI can quietly…

What is OSMI? A Practical Guide to Managing Obsolete, Slow-Moving, and Excess Inventory

Posted on June 6, 2025

In supply chain and inventory management, even the most efficient operations can find themselves burdened with stock that simply doesn’t move as planned. Often overlooked or underestimated, OSMI—Obsolete, Slow-Moving, and Excess Inventory—can…

OSMI Inventory: A Silent Killer of Working Capital

Posted on June 6, 2025

In today’s fast-paced and competitive business environment, managing inventory efficiently is more than just a best practice—it is a necessity. For many organizations, especially those in manufacturing, retail, and asset-intensive industries, the…

Breaking Down Difference Between Procurement and Purchasing: Functions, Goals, and Scope

Posted on June 6, 2025

In the world of supply chain, especially in complex industries like mining, drilling, and heavy manufacturing, it’s easy to get caught up in the technical jargon. Two terms that often get tossed…

8 Role of Inventory Management in Business Operations

Posted on June 6, 2025

Inventory management plays a critical role in the success of any business. From small startups to large corporations, effectively managing inventory is essential for maintaining smooth operations, satisfying customer demands, and maximizing…

Guide to Identifying the Best Storage Method for Your Warehouse

Posted on June 6, 2025

Memilih metode penyimpanan yang tepat merupakan aspek penting dari manajemen gudang yang efektif. Dengan permintaan inventaris yang terus berubah, kemampuan mengatur dan menyimpan barang secara efisien dapat berdampak signifikan terhadap efisiensi operasional…

Beginner’s Guide to Inventory

Posted on June 6, 2025

Inventory is an essential part of any business, whether small or large. It is the lifeblood of businesses that deal with physical goods, allowing them to meet customer demand while avoiding unnecessary…

Top 6 Warehouse Storage Methods

Posted on June 6, 2025

Metode penyimpanan gudang yang efektif merupakan hal terpenting untuk memaksimalkan pemanfaatan ruang dan meningkatkan efisiensi operasional di lapangan. Memilih sistem penyimpanan yang tepat tidak hanya memastikan pengorganisasian yang optimal tetapi juga mengurangi biaya, meningkatkan…