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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Strategic moves like bulk buying, closer supplier partnerships, and syncing procurement with supply chain planning can tighten inventory, cut waste, and free up cash. They may be able to shave 15% off their costs and dodge a tariff bullet. Its not just about pinching penniesits about ensuring business continuity. What Is Agile Procurement?

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Patterns Tell the Story of Supply Chain Excellence

Supply Chain Shaman

This data source synchronizes corporate reporting across global markets while tracking restatements, name changes, and currency shifts.) The second part of the story is that inventory turns for Lenovo are 10.8, Ranking at #13, PepsiCo outperforms on inventory turns, but performance is declining. but declining.

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How Inventory Management Rescues Supply Chains From Inflation

Clear Spider

Now’s the time for businesses to look back at the strain that rising inflation put on their supply chains and inventory management. In this blog, we’ll explain the impact of rising inflation rates on inventory and supply chain management. Under these conditions, effective inventory management is no longer just beneficial.

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Top 10 Reasons Why Santa Has The Best Supply Chain

Kinaxis

5 One currency for every country. 10 No inventory issues. #3 No capacity issues, no union, no vacation, no breaks… work is play and play is work for elves. #4 4 His forecast is always accurate. Let’s see that forecast! #5 Milk and cookies. #6 6 No customer service issues. 7 No labor costs… except for room and board.

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Overcome Manufacturing Supply Chain Challenges with Digital Planning

ToolsGroup

In a recent KPMG study, 69% of manufacturing CEOs say acting with agility is “the new currency of business; if we’re too slow, we will be bankrupt.” When demand changes faster than a company’s ability to respond, you can end up with the wrong SKU mix and locations, frequent internal inventory transfers and expedites with high freight costs.

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Lost in Translation-Incorporating Consumer Demand into your Supply Chain

The Network Effect

A few years ago, a news report came out of China stating that they were going to put an end to pegging the renminbi (China’s domestic currency) against the U.S. This was a long awaited announcement that completely shocked the global currency markets sparking massive trades out of the U.S. dollar into Asian currencies.

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Cultivate a Stickier Customer Base Using WMS Add-On Technology

Logistics Viewpoints

A modern solution can also be configured to accommodate customer idiosyncrasies, such as preferred level of invoice detail, billing cycles, accounting periods, and other unique demands, including multi-lingual and multi-currency requirements.