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Traceability for manufacturers today

SYSPRO Smarter ERP

When it comes to food and beverages , wealthier segments of the consumer market today are more health-conscious than ever about what they choose to consume, and what effects their choices have on the planet. Their purchases are often strongly determined by nutritional value, packaging, and shelf-life. Traceability and product recalls.

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Sourcing and Procurement: One but Not the Same

Precoro

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

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The Manufacturers Health Check: Firms Holding Double the Stock Amidst ‘Inventory Crisis’

Unleashed

New manufacturing data has revealed which industries and nations are leading the way in the post-pandemic economic recovery – and the tactics they’re using to beat supply chain disruption. The average price paid for goods purchased. and fulfilment times fell, from 20 days to around two weeks. However GMROI fell from 1.5

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The Unleashed Manufacturing Health Index: Signs of Recovery as 2023 Closes

Unleashed

New manufacturing data reveals the small to medium manufacturing sector remains in recovery mode, with global performance largely mapping to local economic conditions. New Zealand manufacturing, meanwhile, is at an historic inflection point, with stagnant performance in multiple sectors.

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Your Guide to Understanding & Minimizing Inventory Costs (with Formula)

RFgen

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. On the other hand, optimized inventory levels can enhance it. Next is the cost of storing the inventory.

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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. An average margin of 21% with inventory turns of 1.58

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Six Must Have Supply Chain Capabilities for Success in the Food and Beverage Industry

Logility

Last week we shared five capabilities to help take the Food & Beverage supply chain to the next level. Today, we continue this conversation and look at six must have capabilities that drive supply chain improvement for F&B manufacturers. Advanced Inventory Management.

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