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What are the main differences between the Reorder Level and Reorder Quantity?The reorder level is the level of the stock...
21/07/2020

What are the main differences between the Reorder Level and Reorder Quantity?
The reorder level is the level of the stock of a particular item, held by the firm, when an order is needed to be placed for avoiding the risk of being out of stock. It is based on the average time taken by the supplier for replenishment, maximum usage of the item during the replenishment time, and safety stock requirement. It is also known as the reorder point.

The reorder quantity is the quantity of the order that is to be placed on a new purchase order for the particular item. The ordered quantity or the number of units needs to be optimum taking into account the various factors like cost of the order, cost of transportation, carrying costs, etc. The reorder quantity is the quantity which, given the normal usage, provides the best balance between the various factors like quantity discounts, freight, storage costs, and working capital requirements.

Real-Time Mobile-based Attendance- Alternative to Biometric Attendance
04/07/2020

Real-Time Mobile-based Attendance- Alternative to Biometric Attendance

What's the Difference Between Inventory Management and Inventory Control?Inventory Management:These are measures and act...
03/07/2020

What's the Difference Between Inventory Management and Inventory Control?
Inventory Management:
These are measures and activities aimed at the management and maintenance of inventory demand and replenishment. This can be summed as ensuring the right quantity of inventory is available, inventory is paid on time, and also having an effective re-order point. While a large inventory carries theft, spoilage, and damage risks, a low inventory may cause low output levels. While most companies keep track of inventory manually, large businesses may use software applications such as ERP, MRP, JIT, and SaaS.
Activities carried out under inventory management include:
• Keeping track of when to restock
• Inventory to restock
• Amounts to produce
• When to sell
• The price at which to sell at
Inventory management provides critical information on the financial position of a business, consumer preference and behavior as well as predicting future trends.
So, Inventory Control:
Also referred to as stock control, this is the process of adopting and implementing practices aimed at regulating inventory between the period it is purchased and the period it is converted to a final product. Inventory should be controlled in a manner such that there is not too much inventory at one time, which would result in an increase of the inventory cost, nor too little, which in return would affect the end product quantity and quality. It hence offers a balancing point between the finished goods and the optimum storage capacity. There should hence be a set reorder point for any inventory.

12/06/2020
11/06/2020

  is the central location of any company, where products are procured, stored and  , From handling all warehouse operati...
11/06/2020

is the central location of any company, where products are procured, stored and , From handling all warehouse operations such as , , acceptance, and , WMS helps in every step by recording and capturing . Warehouse management system (WMS) remains a pre-requisite of the supply chain management that seamlessly manages unique customer demand requirements of the distribution channels. With WMS, warehouse staff members can keep up well with the day-to-day operations and work efficiently to achieve the given targets. A WMS can improve labour productivity by offering real-time inventory visibility, increase warehouse accuracy and reduce the level of inventory risks
• Eliminates the need for paperwork and manual processes; WMS facilitates automation of warehouse operations and this reduces time and efforts of the staff members
• It lets you generate multi-dimensional , scan QR code, print labels, view list of purchase orders and real-time inventory consumption, facilitate inter-company warehouse transfers & provide authorization to the staff members (regarding accessibility)

08/06/2020

विदुर को लगातार अपने गुप्तचरों से ,दुर्योधन के द्वारा किए जाने वाले षड्यंत्रों और तैयारियों की सूचना मिल रही थी।पांडवों को वारणावत जाने से रोकना, विदुर के वश मेंं नहीं था, परन्तु वे उनकी सुरक्षा तो कर ही सकते थे।वे लगातार उनकी सुरक्षा के उपाय सोचते रहते।
वारणावत जाने के पहले ,पांडव माता कुंती सहित, महात्मा विदुर को प्रणाम करने आये।विदुर ने अवसर देखकर युधिष्ठिर से पूछा,"वत्स, यदि जंगल में भीषण आग लग जाये, तो जंगल के कौन से जानवर सुरक्षित रहेंगे ?"
युधिष्ठिर ने उत्तर दिया,"तात,जंगल में आग लगने पर, स्वछंद और निर्भय घूमने वाले, शेर चीते,हाथी और सबसे तेज भागने वाले हिरण आदि सारे जानवर ,जंगल की आग में जलकर राख हो जायेंगे।परन्तु बिलों में रहने वाले चूहे सुरक्षित रहेंगे।दावानल के शांत होने पर वो पुनः बिलों से बाहर निकल कर, शांतिपूर्ण जीवन व्यतीत करेगें
"वत्स युधिष्ठिर, तुम्हारे उत्तर से मैं निश्चिंत हुआ।मेरी समस्त चिंतायें दूर हुईं।जाओ,सुरक्षित रहो।यशस्वी भव।"विदुर ने आर्शीवाद दिया।
कोरोना वायरस भी एक भयानक आग के समान है, जो लगातार सारी सीमायें लांघ रहा है।जो लोग अपने घरों में रहेंगे, वो सुरक्षित रहेंगे और दुनिया पर राज करेंगे।
कृपया इस आग के ठंडे होने तक घर पर रहें।🙏🏻🙏🏻

5 Major    Problems for warehouse managers across industries and How to Fix them.         &security,
08/06/2020

5 Major Problems for warehouse managers across industries and How to Fix them.
&security,

In Time of Covid-19 Lockdown, and wants to go with an online store, for your e-Commerce website development providers fo...
04/06/2020

In Time of Covid-19 Lockdown, and wants to go with an online store, for your e-Commerce website development providers for your company then acquiro Software Solutions has the best website development services which are a strong foundation for your online business.
You can get amazing websites designed by our professionals that are highly compatible with all devices like mobiles, tablets or laptops. With great access to your website, you can get great sales through all types of devices.

The Sooner you Ditch your old Baggage, The sooner you can realise your Dreams
04/06/2020

The Sooner you Ditch your old Baggage, The sooner you can realise your Dreams

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G-272, Sector 63
Noida

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Tuesday 9am - 5pm
Wednesday 9am - 5pm
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