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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession.

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Weathering the Next Recession

synchrono

The global economic recession that started in 2007/2008 hit the manufacturing sector hard. CONLOAD) Watch this short demo of CONLOAD to see what that looks like. In February of 2009, The Economist even published a piece called The Collapse of Manufacturing.

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Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

Three Steps to a Better Statistical Forecast Setup. Arkieva COO – Sujit Singh, outlines three essential steps to better statistical forecasting — simulate, measure, refine. She shared that her business had implemented a statistical forecasting package from one of the leading vendors during the previous year.

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GAAP for Accounts Payable: What it is and why it's important

Precoro

Here we've prepared a visual comparison of some differences that exist between GAAP and IFRS and that influence the AP process: It's important to note that since 2007, foreign corporations with US registrations don't need to reconcile their financial reports according to GAAP if they already adhere to IFRS.