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Crafting a Procurement Management Plan to Mitigate the Impacts of Inflation

Precoro

in the Czech Republic. Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesses to a heightened threat of margin reduction. The inflation rate can vary greatly by location — for instance, in 2023 it was 3.4%

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Blockchain’s Hype, Hopes, and Hurdles, Part 2

Enterra Insights

Supply chain management is currently undergoing a transformational moment,” writes. “Past antiquated systems are proving to be unsuccessful in navigating the complexity and immediacy of the modern supply chain, and new models are emerging that promise to improve these systems. ”[2].

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Doing Business in the Czech Republic

QAD

In 1993, the country split into two components, the Czech Republic and Slovakia. By 2016, the country converted to the short name of Czechia, although it still uses the Czech Republic name in formal matters. The Czech Republic is a land-locked country in central Europe between Germany, Poland, Slovakia and Austria.