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Reports of Easing Global Supply Chain Volatility in July

Supply Chain Matters

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . This index was reported as 1.84 reported for June, and 2.59

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Doing this, increases the benefits.

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The Impact of the Coronavirus Crisis on Reverse Logistics

Enterra Insights

Carey School of Business at Arizona State University, writes, “The coronavirus has disrupted U.S. ”[1] He adds, “Dependence on China for their manufacturing has put small and midsize businesses in jeopardy. .” Consumers are expected to continue purchasing more online goods even after the pandemic ends.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Material Handling & Logistics ). McKinsey ).

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8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing is done by accountants so that the cost of goods available for sale is represented fairly on your income statement and balance sheet. Businesses that deal in physical goods should submit financial reports that are true and fair. Also, recent costs are reported in the ending inventory on the balance sheet.

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50 expert tips on logistics planning and strategy

6 River Systems

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. In those situations, true scalability is more readily achievable if manufacturers are also focused on their customers’ demand signals.”

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SCM Technology Leaders JDA and RedPrairie to Merge

Supply Chain Network

To address ever-increasing complexities, manufacturers and retailers increasingly seek best-of-breed solutions and specialized domain expertise for planning and execution. This unique combination will provide retailers and manufacturers with extraordinary capabilities to meet the needs of hyper-connected, mobile consumers.