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Smarter, Low-Risk Commodity Buying

ToolsGroup

By FinStock South Africa. The importance of having the right inventory at the right price to service customer demand is crucial. The trade-off between low cost, long lead time inventory and higher priced short lead time inventory is a daily decision to balance the risk of unsellable stock versus stock outs.

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Traceability for manufacturers today

SYSPRO Smarter ERP

Having an ERP system that is relevant for the needs of food manufacturers ensures that factors like material requirements planning, inventory management, recipe, and batch control, plus traceability, all function effectively. Most recently, Nestle South Africa recalled its Kit Kat products over possible contaminants. Download Now.

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How manufacturers can respond to supply chain disruptions

SYSPRO Smarter ERP

The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supply chain and impact South Africa. Supply chains over the years have predominantly focused more on minimising end-to-end costs, reducing inventories while driving up asset utilisation. Supply chain challenges.

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Digital transformation for Africa’s manufacturing and distribution CIO and CFO

SYSPRO Smarter ERP

SYSPRO Africa first visited Mombasa Kenya at the main gathering in East Africa of CIOs – CIO 100. There is a need to create relevant investments to enable best customer service from minimum investment in inventory. Here we shared our experiences. Looking at the CIO. The ideal location to let the ideas flow.

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Supply Chain Planning in Emerging Markets: Four Points to Remember

ToolsGroup

This, together with lack of visibility, poor planning capability and outdated assets due to high cost of capital, results in ad hoc decisions made in functional silos that are more focused on cost and inventory risk avoidance and less on service, thereby contributing to inefficient (and often, inflexible) supply chain processes.”

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World Bank Revises 2023 Global Growth But Downgrades 2024

Supply Chain Matters

On a regional scale, the bank anticipates that growth among emerging market and developing economies will diverge this year, picking up in East and Central Asia , Pacific as well as Europe while moderating in all other regions, particularly Latin America , Middle East and North Africa countries. percent in 2023, compared to 4.1

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New tech coming to ERP systems near you

SYSPRO Smarter ERP

Within Africa, the adoption of smart manufacturing technologies and solutions has been far slower. Automation of processes such as inventory management, regulatory compliance and invoice verification helps organizations focus more on improving quality and growth.