article thumbnail

Multi Currency ERP for Small Businesses – EMERGE App

EMERGE App

Why You Need to Deal with Multiple Currencies. Perhaps it should be “Multi-Currency Makes The World Go Round” in today’s mobile web world. As a wholesaler and distributor, I’m willing to bet that you’re dealing with at least two currencies for your purchases and sales. Adding Additional Currencies.

article thumbnail

Are Asian Economies Heading for a Bumpy Ride in 2022

20Cube Logistics

The Asia-Pacific region, which has emerged to be the economic hotspot in the last few decades, displayed a huge slump during the first wave of the COVID-19 pandemic. Despite the economic disruptions that raged post 2020 and the volatile state of price pressure, Asia has experienced less of a fluctuating consumer price inflation.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Bitcoin’s Impact on the Textile Industry!

Supply Chain Game Changer

What if there was a decentralized digital currency like Bitcoin, which could help textile workers to earn money from home? 1st July 2017, around 16 million users worldwide were using Bitcoin as their primary digital currency. Many people in different countries mainly focus on high-quality clothes and pay more money for such products.

article thumbnail

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Engineering isn’t disconnected from manufacturing.

article thumbnail

Is Mexico the World's Next Manufacturing Hub?

Elementum

Mexico may become the global manufacturing nerve center if the country plays its cards right. According to Deloitte’s 2016 Global Manufacturing Competitiveness Index, Mexico ranks number eight out of 40 countries including Canada, Sweden, and Vietnam. Europe and Asia Follow Suit. Lower costs and proximity to the U.S.

article thumbnail

Increased Signs of Weakness in China and a Changing Global Trade Picture

Supply Chain Matters

July is typically a month in which Chinese suppliers and manufacturers have ramped up production levels to support global-wide back-to-school and other holiday related demand for products that peak in the November and December surge period. reflects broader weakness in the entire chain of global manufacturing.” Shipments to the U.S.

China 52
article thumbnail

Does Geography Matter in the Digital Age?

Enterra Insights

”[5] The cost-benefit analysis resulted in many companies moving manufacturing processes to Asia, primarily because labor was cheap. China is at the center of global value chains in manufacturing, particularly in labor-intensive sectors. Other domestic costs, such as land, are also rising. Concluding Thoughts.

San Diego 130