How currency changes are affecting logistics providers

The Network Effect

Therefore, world currency changes do affect logistics providers. The post How currency changes are affecting logistics providers appeared first on The Network Effect. Flickr. Note: This post was written by Valerie Bonebrake, SVP Tompkins Int. .


Global Currency Movements Causing More Widespread Industry Supply Chain Concerns

Supply Chain Matters

Today’s front page headline article of The Wall Street Journal, Weaker Euro Ripples Around the World, reflects far deepening foreign currency headwinds for producers whose supply chain costs and operations are weighted in U.S. dollar against major foreign currencies.


What Do World Currency Changes Mean to Logistics Providers?

Creating Supply Chain Excellence

The post What Do World Currency Changes Mean to Logistics Providers? Tompkins International - Your Supply Chain. The Right Way. In the past year, the US Dollar, the Euro, the Pound, the Canadian Dollar, and the Peso, to name a few, have had significant fluctuations across the board. appeared first on Tompkins International. Blog 3PL Economy Logistics Service Providers


Currency in India: Current State of Disruption, Confusion, and Economic Slowdown


Currency in India: Current State of Disruption, Confusion, and Economic Slowdown.Transportfolio. Two of India’s major currency denominations have been withdrawn since November 8. Business Global Transportation Supply Chain Currency Economy India


The Effect of Currency Demonetization on Statistical Forecasting


How does currency demonetization affect statistical forecasting? The post The Effect of Currency Demonetization on Statistical Forecasting appeared first on Supply Chain Link Blog - Arkieva.


SAP Reports Q3 Financial Performance Amid Concerns for Currency and Expense Headwinds

Supply Chain Matters

Global enterprise software provider SAP disclosed third-quarter financial performance and essentially promised investors that Q4 would be a lot better in terms of Cloud-based revenues. ERP Technology and Vendors SAP Supply Chain Technology SAP cloud strategy Supply chain Matters blog


Soft Market in Air and Ocean Freight and Fluctuating Currencies Inhibit the Growth for 3PLs in Third Quarter 2015

Logistics Viewpoints

Soft market environment in Air and Ocean freight was one of the major reasons for decline in addition to the currency fluctuations. The 3PL market has declined significantly in the third quarter of 2015. The 3Pl market has also witnessed some major acquisitions during the quarter Conway, whose Menlo divisions revenues have historically been party of this analysis, was acquired By XPO Logistics UTi acquired by DSV Some other relevant acquisitions which happened during the […


7 Avoidable Data Errors in Your Supply Chain Data

The 21st Century Supply Chain

Currency. You’ll need currency conversions at sales points, but you’ll also benefit from accurate currency conversions at your assessment and planning levels. For example, tracking revenue in each location’s currency helps you to assess those values within that market context.


An optimist’s view of Blockchain in supply chain: Learnings from Bitcoin

The 21st Century Supply Chain

Aside from the few countries that have banned the use of Bitcoin, its appeal is universal as you don’t need to continually exchange it into different currencies as the money crosses borders, making transactions frictionless and eliminating fees.


Infographic: The “Made in China Era” Coming to an End?

Supply Chain Movement

This inforgraphic is about how the manufacturing costs in China are increasing due to for example changes in wage costs and stronger growth of the Chinese currency. Visuals Apple China chinese currency chinese wages made in china Manufacturing pepperdine university United States Wal-Mart


Tips for Global Expansion (Part 2)

ModusLink Corporation

There is so much more to global expansion than simply operating with a different currency. No two countries are alike, and no matter how similar certain countries might seem, there is no magic bullet for supply chain solutions that will work across the board.


Top 10 Reasons Why Santa Has The Best Supply Chain

The 21st Century Supply Chain

5 One currency for every country. by Bill DuBois Since the Holiday season is upon us, what better way to celebrate than with a top 10 list, which I hope will put everyone in a festive mood! Here is the ‘Top 10 Reasons Why Santa Has the Best Supply Chain. #1 1 No ERP system, just a list.


This Week in Logistics News (July 11 – 17)

Logistics Viewpoints

The economics studies in which I have engaged over the years have always highlighted the ways in which economic activity (production, supply chain, services) impacts financial factors such as stock markets and currency values.


Lost in Translation-Incorporating Consumer Demand into your Supply Chain

The Network Effect

A few years ago, a news report came out of China stating that they were going to put an end to pegging the renminbi (China’s domestic currency) against the U.S. This was a long awaited announcement that completely shocked the global currency markets sparking massive trades out of the U.S.


World’s Largest 3PLs Off to a Weak Start in Fiscal Year 2015

Logistics Viewpoints

The 3PL market has shown negative growth in the first quarter of 2015 mainly because of the declining reporting currency of the 3PLs. Below is the list of y-o-y comparison of various currencies in which the 3PLs report their revenues Reporting Currency Y-O-Y Decline % Euro -17.6% Danish Krone -17.4% South Korean Won -2.6% […]. Logistics Service Providers 3PL Revenues


How to Hedge Against a Greece-Like Crisis

Supply Chain @ MIT

However, what companies can expect is instability in some form or other, such as volatile prices and fluctuating currency values within the Eurozone and beyond. No one knows for sure how Greece’s financial crisis will impact the global economy over the long-haul.


Supply Chain Scholars, it is Time to Matter in Today’s Debates!

SCM Research

Journal rankings, h indices and citation counts have become the currencies of SCM scholars. But is this really what we should focus on? What about taking part in public debates? Indeed, SCM scholars have a lot of knowledge about the context of global business, including knowledge about social practices in low-cost countries, the pros and cons of outsourcing, and CO 2 emissions in end-to-end networks. So, we have a lot to say that matters beyond academia!


Is Your Supply Chain a Growth Engine?

The 21st Century Supply Chain

Hanifan says speed is the currency of the future. by Alexa Cheater We recently had the chance to sit down with Gary Hanifan, Managing Director, Accenture Strategy, to discuss all things supply chain.


Oracle Reports Fiscal Q3 Financial Performance with an Emphasis on Cloud Adoption

Supply Chain Matters

Enterprise software and technology provider Oracle reported fiscal Q3 financial results this week and the headline was increased growth in cloud based revenues and customer pipeline amidst continued currency headwinds. dollars and up 1 percent in constant currency. Financial highlights of the quarter included: Total Revenues of $9.0 billion, down 3 percent in U.S. Operating […].


Report of a Different Focus for General Motors in Supplier Management Relationships

Supply Chain Matters

These suppliers are currently challenged with the effects of a volatile foreign currency environment causing rising material and labor […]. The Wall Street Journal has reported that General Motors will allow 400 U.S. and Canada based component suppliers for GM vehicles being produced in Brazil and Mexico to be able to periodically renegotiate their supply contracts.


Bitcoin: A New Supply Chain Operating System?

Talking Logistics

But I read an article in this weekend’s Wall Street Journal – The Revolutionary Power of Digital Currency by Michael J. Already, hundreds of specialized apps are being built on top of the digital-currency blockchain software, which is seen in this context as a kind of base operating system.”.


Logistics Trend Radar 2014

SCM Research

Trend research helps academics and managers to discover topics that are interesting and important alike. DHL has now published the 2014 edition of its Logistics Trends Radar.


Blockchain 101: What You Need to Know


It is most widely used in the currency’s public ledger of cryptocurrencies. Based on a Bitcoin protocol, it contains every transaction executed in the currency.


Supply Chain News on After Decades as Procurement Bad Guy, GM Changing its Heavy Handed Ways a Bit

Supply Chain Digest

Some Suppliers will be Able to Negotiate in Mid Contract as Material Costs, Currency Values Change


Moving Forward with Blockchain in the Supply Chain

Talking Logistics

The digital currency called Bitcoin has been in the news recently as its value has skyrocketed to over $6,500 per coin, with speculators pouring money into exchanges hoping to make an easy profit.


Major Blockchain Solution to Speed Global Payments

Supply Chain 24/7

Solution powered by IBM Blockchain in partnership with and KlickEx Group, collaboration with banking leaders to accelerate financial exchange and settlement across currency corridors


Avoid “Lost in Translation”. Monetize S&OP to Include Finance.


One business, where finance was not involved in S&OP, was crushed by a rapid currency appreciation in the Swiss franc that made its products too pricey for the market. Finance speaks a different language than supply chain.


How Manufacturing in the US Continues to Grow Despite Fears Over Higher Costs, Lower Percentage of GDP & Election-Year Woes


Stop Overvaluing US Currency – The U.S. currency is currently overvalued by about 15 percent, which makes U.S.-made Manufacturers should consider how a flat fee of currency conversion could be used to offset this deficit between actual and inflated value, and the fee could be dynamic in accordance with the deficit. On July 1, 2016, the Institute for Supply Management announced the manufacturing index rose to 53.2


Enterprise Software Suppliers Exhibit Mixed Results in Q1 2016

Logistics Viewpoints

We track the revenues of fifteen prominent publicly traded enterprise software companies and translate financial results reported in foreign currencies to US dollars using an average exchange rate for the given reporting period. ARC Advisory Group ( monitors and analyzes the enterprise software market on a quarterly basis.


What is S&OP? By Accenture Strategy Guest Blogger

The 21st Century Supply Chain

One organization that did this well was a global consumer electronics company that operated across many competitive marketplaces and faced fluctuating currencies and foreign exchange rates. by Steven J.


What is Blockchain Technology Worth to Your Supply Chain?


The use of digital assets as an alternative to conventional currencies has garnered praise and recognition for its secure and speedy protocols. While the infrastructural flexibility of crypto currencies is yet to stand the test of time, block chains, the underlying technology for crypto currencies is truly a revolutionary step in the field of technology. With the advent of Bitcoin in 2009, cryptocurrency has taken the world by storm.


Download Resilinc's Brexit Global Supply Chain Impact Analysis Whitepaper


Better known as “Brexit”, the move sent a shock wave through global financial and currency markets. On June 24 th 2016, citizens of the United Kingdom voted and passed a referendum to leave the European Union.


Strategic sourcing enters a new age. Are you keeping up? (Part 2)


Financing, hedging, and currency plays. In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing.


5 key trends affecting the Consumer Package Goods industry

The 21st Century Supply Chain

b) Commodity price and currency exchange volatility – together they introduce increased unpredictability into the business and make managing shareholder expectations more challenging.


Blockchain for Trade Promotion Execution?

Supply Chain Insights

Blockchain is the framework or data structure that was created to house the transactions of the digital currency or “cryptocurrency” like bitcoin. The hype around blockchain technology is growing because man continues to seek the next best thing.


What are Block Chains? – Jason Busch on the Future of Money, Trust and Transparency


Barter system led to commodity currencies. Increasingly complex trade economies, societies and governments led to paper money (the gold standard), and eventually to Fiat currency. But eventually the gold standard behind paper money wouldn’t scale and so we moved to fiat currency. But given the level of global trade and uncertainty, fluctuation in currencies also makes this difficult to control and manage. And it is not a virtual currency.


Common Sales and Operations Myths Part 4 – Spreadsheets are King


Develop financial and volumetric plans with multiple currencies. This is the fourth in a series of posts that investigates some of the myths or mistruths I have heard over the last 20+ years concerning Sales & Operations Planning (S&OP).


Improving Transportation in the Real World

Talking Logistics

Implementing a comprehensive audit, across all modes, geographies, currencies and languages, can achieve this data set.


This Week in Logistics News (October 26-30, 2015)

Talking Logistics

on, and can be shown in nearly 60 different currencies. Guests can then designate the country they would like to ship to and also choose their currency. Prices sitewide will be shown in the local currency, reflecting current conversion rates.


Improving Global Freight Process Management

Talking Logistics

There are many reasons for this including a multitude of additional service providers, currency and language conversions, import and export compliance restrictions, a lack of supply chain data, and the confusing nature of working with and managing disparate technology systems across various global locations. It is a challenge to access and understand the various languages, city naming conventions, and currencies used by various vendors.