article thumbnail

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.

article thumbnail

Logility President Allan Dow and VP Business Development, Diane Ngabire named Supply & Demand Chain Executive 2024 Pro’s to Know

Logility

Ngabire is the cofounder of Code4dev Foundation, a non-profit organization that promotes computer literacy, inspires innovation, and bridges the digital divide by providing computers and supply chain education to students in Burundi, Africa. It also provides advertisers the analytics, data, and ability to reach their target audience.

Logility 203
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding the Salaries in Supply Chain Management

SCMDOJO

From entry-level positions such as procurement officers and logistics coordinators to higher-level roles like supply chain directors and vice presidents, each comes with its own set of responsibilities and corresponding salary ranges. per hour. .

article thumbnail

No Time Like the Present

Supply Chain Shaman

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. Inventories increased by 44% due to supply chain volatility. See the pattern?

article thumbnail

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.

article thumbnail

The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

Goods move through 25 ports of entry into North America and 10 in Europe, the Middle East, and Africa. The supply plan will include the procurement plan for their raw material supplies (Tier 2) needed for their finished goods suppliers (Tier 1). There will be one view of inventory across the entire distributed network.”.

article thumbnail

Sustainable Supply Chain Management.

ModusLink Corporation

When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Sustainable procurement: consists of environmentally friendly purchasing that carry reduction, reuse, and recycle. Retrieved from Triple EFF. consulting. EM Ojo, C. GREEN SUPPLY CHAIN MANAGEMENT IN DEVELOPING COUNTRIES.