Nadia Training Courses

What is Inventory Management? Inventory management is a branch of supply chain management which revolves around the overseeing of non-capitalized possessions which are so termed as inventory. Inventory management is actually a chain of events which regulates the flow of non-capitalized good from the production end to the storehouses, and from these stores to the retailer end which is the sales point. Hence, inventory management maintains a record of all products or bi-products from the time when these enter the storage facilities until the moment when these are dispatched at the various sales spots. Inventory management plays a significant role in the supply chain because supply stocks are the chief investment of any business until all the products have been sold out. Inventory management has various costs affiliated with itself because businesses must gather supplies, accumulate, maintain tracking as well as insurance of all inventory items. The process orbits starting from r

Innovation: Innovation does matter to everybody that includes administrators of small or large associations, newly established business visionaries, those in government jobs, or teachers. Innovation is important to the continued success of any organization. For empowering innovation, the practices include are: 1: Making diverse groups/teams; 2: The development of a profound understanding of client needs and perspectives; 3: Exchanging ideas based on discussions; 4: Generating solutions through experimentation; 5: Using a planned and organized process. Design thinking:  In today’s globalized world, with the diversity in natural and economical resources around the globe, our challenges are getting tangled with the system that associate all of us. There is need to develop better approaches for thinking to get better services, solutions and practices that may solve our current issues. To tackle the new rush of problems we face today and later on, we need a new typ