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From Demand to Delivery: ToolsGroup Transforms SLF Greece’s Supply Chain

ToolsGroup

Leading beauty retailer choose ToolsGroup to optimize inventory and automate omnichannel supply chain planning across multiple countries. ToolsGroup’s global leadership and local presence in Greece made SO99+ the clear choice for our advanced supply chain needs” stated Tilemachos Stylianos, Chief Development Officer of Fais Group.

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Eurozone Economy Now in Technical Recession

Supply Chain Matters

Besides Germany , Greece , Lithuania , Malta , Ireland and the Netherlands experienced quarter on quarter GDP declines. Inventory will be a key concern as CFO ’s continue to monitor working capital efficiencies, erosion of margins or expected declines in economic growth. pharmaceutical companies cutting back on production.

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Not up to Promethean Standards: Greece’s Pharmaceutical Supply Chain is Worryingly Weak

Elementum

Goods like olive oil and Greek wine are being held up by suppliers, who would rather keep their inventory and wait until they can be paid in cash. Sales in Greece are down 20 - 25%, according to the Economist, which could lead to further unemployment if the low numbers persist. A Sisyphean Task.

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Enhancing Logistical Efficiency: Strategies for Improvement

SCMDOJO

Postponement: Strategies like Just-in-Time and postponement can reduce inventory and transportation costs. The impact of e-commerce on the transport sector: The case of Greece. While internet-based transport exchanges offer potential, their effectiveness is still debated due to uncertainties in carrier and shipper participation.

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Artificial Intelligence – sifting through the hype and the promise for forecasting

Kinaxis

Famed forecasting expert and organizer of the Makridakis Competitions (known as the M-competitions) Spyros Makridakis spoke to us remotely from his post at the University of Nicosia in Greece. Better supply chain execution is the goal, such as reducing inventory and stock outs. What is the forecast for AI/ML?

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The August data indicated that Greece and Ireland were the only two countries to record production improvements during August. The inventories index decreased 2.1 The reported August value was 43.5,

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. Counties reaching PMI new highs were noted as Greece and Spain with Italy having expansion level activity levels in March.