Logistics Viewpoints
MARCH 8, 2021
In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. This digital twin contains network costs – the inventory carrying cost is X for this product, by Y for this one. The cost reduction includes sourcing, customs & duties, transportation, production, and inventory holding costs.
Logility
OCTOBER 18, 2022
COVID-19 didn’t start it all, but it certainly exacerbated serious supply chain disruptions that emerged during the trade wars in 2018 and 2019. Rethink just-in-time inventory policies: There could be another pandemic or another war. Make over your supply chain to get visibility into potential future disruptions.
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Logistics Viewpoints
AUGUST 14, 2023
Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. Companies who have experienced these delays often add inventory across their network to buffer the risk. The Finance Department Tariffs are a form of taxes. At some companies the trade department rolls up to finance.
GlobalTranz
FEBRUARY 6, 2018
A supplier in Mexico mixes up two similar parts. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. It is designed to dramatically decrease the time required for any entity to convert assets, such as accounts receivable, real estate, inventory, equipment, and commodities into cash.
Enterra Insights
AUGUST 11, 2022
Businesses need to inventory the risks, as well as materials and products, in their supply chains in order to plan for and, in theory, mitigate those risks. 10] When it comes to moving inventory into disaster-prone areas, historical data can help. You need to have alternatives worked out if things don’t go according to your first plan.
ShipBob
SEPTEMBER 25, 2023
The 2018 Farm Bill legalized hemp production across the US, which is great for sellers because CBD is produced from industrial hemp. Due to the aforementioned 2018 Farm Bill, CBD is legal in the U.S. Fulfill and ship customer orders You’ll need a system for warehousing your CBD products and managing inventory over time.
NC State SCRC
OCTOBER 5, 2022
Clearly, the benign environment of 2018 is gone, and geopolitics are playing a central role in the global economy. The strained port infrastructure in the US and Europe as well as the locked in higher rate contracts put in place will keep rates elevated, and they will likely never return to where they were in 2018.
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