Remove 2019 Remove Inventory Remove Malaysia Remove Sourcing
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Top 6 Wholesale Distribution Trends for 2019

EMERGE App

But I’m sure many of you in the wholesale and distribution business are thinking: “ What does 2019 hold for the wholesale and distribution industry? Business costs will rise for those who are sourcing some or most of their raw materials or goods from China. ” Well, we sat down with our best customers.

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Chinese New Year Shutdown 2020: How to Prepare

ShipBob

In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. Get prepared for the year of the rat with the best kind of red envelope, keeping your business in stock of inventory!

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The Supply Chain’s Vision Problem

Enterra Insights

Digitalization helps companies obtain the right data from the right sources and ensures that data gets to the right decision-makers. Most companies weren’t buying from China or Taiwan or Malaysia like they are today.”[4] He notes one big challenge is integrating data. Footnotes. [1]

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2 value reported for September.

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Want to Succeed at a Large Firm? Become an Entrepreneur

Logistics Viewpoints

Then Jabil handles the sourcing and manufacturing of those products. They are sourcing from over 27,000 suppliers. Those sites are primarily located in China, Hungary, Malaysia, Mexico, Singapore, and the United States. In winning the business, Jabil had committed themselves to being able to turn inventory 12 times a year.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

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Top 10 New Year’s Resolutions for Wholesalers in 2019: Drop Those Bad Habits from 2018

EMERGE App

Here’s our checklist of what your wholesale or distribution business should do in 2019. If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. Source Sensibly and Sustainably. Value Your Inventory. Start By Using Technology. Use and embrace it.