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7 Reasons Why You Should Reduce Inventory

SCMDOJO

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

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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. This growth is accredited to the economic expansion and policy changes in countries like India. Asia is a booming market and a major supplier of electronic goods.

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Understanding the Salaries in Supply Chain Management

SCMDOJO

Salaries You Can Expect in Supply Chain Management Region-Wise: Here is a list of salaries for different supply chain designations: Demand planner, Supply chain analyst, Master scheduler, Purchasing manager, Inventory manager, Logistics manager, Procurement manager, Materials manager, Supply chain manager, and Supply chain director.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Operational strategies. Buying forward. Conclusion.

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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

Usually disruptive events require redefinition and reconfiguring of the supply chain network in order to identify correct allocation of flows and inventory. You can model alternative flows and networks while guaranteeing service policies to customers. Take advantage of dynamic multi-echelon rerouting tools.