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Supply Chain Roundtable Series: Getting Demand Forecasting Right 

Unleashed

Demand forecasting has gained increasing importance over the last few years. We met with five supply chain experts to discuss how crucial demand forecasting is for mitigating risk, and what businesses can do to improve forecast accuracy. Our experts explain that best-practice demand planning begins with a top-down forecast.

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World Bank Revises 2023 Global Growth But Downgrades 2024

Supply Chain Matters

This week the World Bank released its latest June forecast of its Semiannual Global Economic Prospects Report. This latest forecast indicates that the global economy will grow by 2.1 percent forecasted at the beginning of this year. In the not so optimistic category, the bank revised its 2024 global growth forecast to 2.4

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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This can be applied to inventory management, fleet and order tracking, ID badging. This helps improve order management and accuracy, shorten estimated transit times (ETAs) and minimise out-of-stock situations. Amazon’s supply chain heavily depends on the outsourcing of its inventory management. Customer Centricity.

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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. Now they must forecast different scenarios and assess potential weaknesses in their system to start working on contingencies.

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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.

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Your FMCG Supply Chain in 2018: 5 Problematic Predictions

Enchange Supply Chain Consultancy

Chris Rea has finally found the correct turn off, a lot of people in Africa still don’t know its Christmas and the novelty Santa toilet seat cover is back in the box. Oh, and chocolate Easter eggs are in the shops 4 months in advance.

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How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

Clear understanding that the focus needs to be on the probability of the forecast, and that the focus needs to be outside-in based on channel data. Use of Forecast-value Add techniques to improve the accuracy of the forecast. Concerted plans that focus on inventory management as one part of the supply chain as a complex system.