Excess stock or excess inventory is almost a tough task in business. Inventory seems to face loss in many forms like overstock, unused stocks, surplus stocks, obsolete stocks, slow moving st… Read More
World Class Centre Of Excellece is set to come up by India’s Ministry of Shipping in alliance with Siemens and the Indian Register of Shipping (IRS). Siemen is responsible for the tech… Read More
Need for a circular economy The linear model of resource consumption and production has dominated the global economic system. The system works on the principle of “use-produce-dispose… Read More
The linear economic model is reaching its physical limits. In this linear model, goods are manufactured from raw materials, used by the consumers and the materials are finally discarded as w… Read More
Obsolete Stock ? Dealing with obsolete products is considered to be the great risk factor. A lot of old stock are a notice sign for financial specialists, that an inventory is in absolute lo… Read More
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