When to Use a Blanket Purchase Order

A blanket purchase order is used when buyers need to purchase a fixed quantity of a specific product over a period of time. When the orders are in bulk and buyers definitely need the specific items then they issue blanket purchase orders to the suppliers. There are...

Understanding Types Of Kanban

Kanban is a manufacturing system used to make the work processes easier and efficient. One-way to do this is to balance material flows by employing controlled inventories. Kanban achieves this by focusing on the flow of production. If one part of the production...

Understanding Kanban for Business

Kanban is a tool that can lead to efficiency in the business by uncovering problems in production process, work flow or any other process problem. Kanban can help businesses in many ways. But to implement Kanban, it is important to understand what it is and how it can...