Remove Comparison Remove Currency Remove Manufacturing Procurement
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Modeling Piece Price Comparisons for Local and Regional Suppliers Versus Low-cost Country Initiatives

SCMDOJO

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

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Manufacturing Day 2023

Enterra Insights

One of the clearest lessons learned during the pandemic was the importance of domestic manufacturing. As global supply chains snarled and essential products became hard to find, many domestic manufacturers pivoted to make up shortages. The importance of manufacturing has often been overlooked as the U.S.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Most budgets are completed in currency at a brand level. The two primary buffers in the supply chain are manufacturing capacity and inventory. Background. Time horizon. Bias and error. 4 Maximize Buffers.

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Will Arrogance Stunt your Growth?

Supply Chain Shaman

Note that the ratios are better than absolute numbers because it helps in the comparison of large and small companies and performance across currencies.) Define and drive new processes like digital manufacturing and digital path to purchase so that our supply chains can operate at the new cadence of data flows.

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Managing Supply Chain Disruptions in the Middle East

Locus

Presently, their major focus lies on local production, warehousing and strategic sourcing. Supply chain risk management maturity levels define how well a company has developed the risk management processes in comparison to industry benchmarks. Optimize sourcing decisions. How do businesses enable strategic sourcing?

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Introducing QAD Adaptive ERP 2022

QAD

With this release, QAD has strengthened our cloud ERP offering by delivering new adaptive manufacturing and supply chain capabilities to better address tomorrow’s challenges and rapidly respond to disruption in the marketplace. Digital Manufacturing. QAD Adaptive ERP 2022 Highlights.

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Spend Analysis: Best Practices

Precoro

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.