Business Management

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Strategic Management in Industrial Projects: Lessons from Experts

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Introduction to Strategic Management in Industrial Projects Strategic management is the process of defining an organization’s direction and making decisions on allocating resources to pursue this direction. In the context of industrial projects, strategic management entails planning, monitoring, and evaluating the various aspects involved in ensuring successful project execution. It integrates different functions, including finance, […]

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Key Trends in Logistics and Supply Chain Management for 2025

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Introduction to Logistics and Supply Chain Management Logistics and supply chain management represent critical components of contemporary business operations, serving as the backbone of ensuring products and services are delivered efficiently and effectively. Logistics involves the planning, execution, and control of the movement and storage of goods, information, and services, from the point of origin

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From Theory to Practice: Applying Lean Management Principles

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Introduction to Lean Management Principles Lean management principles originated from the Japanese manufacturing industry, particularly within Toyota in the mid-20th century. These principles were developed to enhance operational efficiency and reduce waste, ultimately focusing on delivering maximum value to customers. Lean management is not confined to manufacturing; it has spread across various sectors, including healthcare,

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