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The Top 5 Supply Chain Megatrends of 2024

Resilinc

Many sectors are affected by droughts, including agriculture, energy, water, utilities, and manufacturing. Environmental regulations against harmful chemicals are also on the rise. By 2025, The European Chemical Agency (ECHA) plans to ban PFAS in Europe, and 3M plans to halt all PFAS production.

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Finished Goods Inventory: Definition & Formula

Unleashed

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control.

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Arkieva Customer Spotlight: AkzoNobel Strengthens Position as The Leading Global Supplier in Coil Coatings

Arkieva

Headquartered in Amsterdam, the Netherlands, Arkieva customer AkzoNobel is a leading global paints, coatings and specialty chemicals manufacturing company. The transaction includes relevant technologies, patents, and trademarks, as well as two manufacturing plants in the United Kingdom and South Africa. Read full story.

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New Survey Reveals Levels of Outsourcing in Supply Chain Expected to Grow by Over 40%

Arkieva

A new report by SupplyChainDigest: “Supplier Integration in an Outsourced Supply Chain World: A Benchmark Report,” showed a growing trend in supply chain outsourcing among manufacturing companies. For manufacturing companies looking to outsource core areas of the supply chain process, there are both cautionary tales and success stories.

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Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. They are impatient that they know more about pizza’s status for lunch before their zoom meeting than the inbound shipment status for their critical manufacturing run. Reflection. The supply chain career is new.

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Supply Chain Talk: Integrating Finance and Operations – What You Should Know

Arkieva

In this week’s Supply Chain Talk, Arkieva CEO Harpal Singh discusses ways that manufacturers can reduce the disconnect between operations and finance. All too often, the financial folks are not concerned about the complexities of manufacturing, and the manufacturing folks do not appreciate the larger financial picture.

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We Can All Participate in the Circular Economy

Requis

Major industries like energy, manufacturing, IT, or mining and resources aren’t an intuitive association, but they could become a very important part of the circular economy. Also called “cradle to cradle”, it’s the opposite of the linear economy (in which items are manufactured, used, and disposed of, generally in a landfill or incinerator).