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My Vision for Supply Chain 2020? Deep Integration!

Arkieva

The question was how I imagine the Supply Chain in 2020. Sourcing in low cost countries could lower cost but increases inventories and inventory risk (write-offs). The financial crisis of 2008-2009 has given a major push to do more with less. This will ensure we keep moving to the next level as we’re marching to 2020.

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Is Your Supply Chain Ready for the Recession?

Enterra Insights

Arntzen, the former executive director of the supply chain management program at MIT, recently republished an article he penned 2009, during the Great Recession. This year’s fall in output would be far more severe than the last recession, when the world economy contracted by less than 1 percent between 2008 and 2009.” 5] Bruce C.

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Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

source: tradingeconomics.com. Since 2009, when Herlitz Inventory Management was founded, annual inflation has been below 3 percent in the US. source: thebalance.com. source: thebalance.com. Have we lost the knowledge of how to be profitable during periods of high inflation? Financial crisis. ACA, Dodd-Frank Act.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The report authors noted the first drop in manufacturing output since June 2020. Commenting on the July report, Chris Williamson, Chief Business Economist at S&P Global indicated in-part: “ With the exception of pandemic lockdown periods, July saw US manufacturers report the toughest business conditions since 2009. slipping 2.3

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How is Bitcoin Different From Ethereum?

Supply Chain Game Changer

However, the market cap of bitcoin is nearly 1 trillion dollars which is nearly half of the entire market; the fact might amaze you that in 2020 bitcoin contributed 70% to the entire cryptocurrency industry, just hassle free. Bitcoin is a cryptocurrency, whereas ethereum opens a source blockchain model having the token named ether.

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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

The report authors indicated that the December PMI reading is the lowest since the first half of 2009, with the implication a significant loss in momentum. Sources; S&P Global and ISM, 2022. reportedly signaling the fastest decline in operating conditions since May of 2020, which is equivalent to the peak of the Covid-19 pandemic.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supply chains across the globe nearly came to a halt.