Forecasting demand, optimising routes and anticipating stock shortages: these are all levers for high-performance logistics. Thanks to artificial intelligence, this previously fragmented data is analysed in real time to guide decision-making. The guarantee of rigorous management and controlled costs.

In an industrial context marked by pressure on costs, the scarcity of storage space and the need for responsiveness, the JIT method (for ‘Just-In-Time’), often referred to as ‘just-in-time’, remains a major lever. It involves producing the right quantity at the time defined by actual demand. The aim is twofold: to reduce stock to an absolute minimum and to improve the flow of products throughout the value chain.

Health crises, geopolitical unrest and cyber attacks make securing the supply chain more vital than ever. Every supply chain comprises suppliers, transport systems and information flows. Any incident, however minor, can affect production, increase costs or erode customer confidence. So how do you secure your supply chain?

Total Cost of Ownership (TCO) is a financial method that evaluates all the costs associated with the acquisition, use and maintenance of a good or service throughout its life cycle. This approach goes beyond the simple purchase price. It also incorporates direct and indirect costs, providing a global view of the expenditure incurred.

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In the industrial and professional equipment sectors, the purchase price of a product or service represents only a fraction of the total expense. Beyond the initial cost, it’s essential to evaluate all direct and indirect costs associated with its use over its entire lifecycle. This is where the **Total Cost of Ownership (TCO)** comes into play. Adopting a TCO-based approach allows companies to optimize budgets, improve profitability, and make more informed purchasing decisions. Let’s break down this concept and explore how to manage it effectively.

The business world in China is built on several cultural pillars, one of which is the concept of *Mianzi*. Closely related to the idea of “saving or losing face” in France, this cultural value shapes behavior and etiquette. Understanding it is essential before entering negotiations with Chinese counterparts. Here’s a detailed guide with practical tips to help you avoid missteps in the Middle Kingdom.