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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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Crisis was inevitable according to chaos theory

Supply Chain Movement

During our Trend Dinner just under a year ago, which was attended by almost a hundred supply chain directors, I predicted that we would find ourselves in an economic crisis around this time. When asked what would trigger this economic crisis, I answered that I wasn’t sure, but that it might be Brexit. killing Quint.

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SCM World 2014 Chief Supply Chain Officer Report: A Conversation with Kevin O’Marah – Part IV

BlueYonder

In September, SCM World released its annual Chief Supply Chain Officer Report based on its survey of over 1,000 supply chain executives across all industries and geographies. Supply Chain Nation sat down with Kevin O’Marah, Chief Content Officer for SCM World, to discuss four key findings of the study.

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How Pure Storage Withstood the Pandemic

Logistics Viewpoints

For example, a vaccine manufacturer increased their order size by a factor of four in one weekend; a video call company wanted to receive ten times as much product as they initially forecast with just a month’s lead-time. Demand uncertainty does make it much more difficult for a supply chain to respond to customers’ orders.

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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]. ”[3].

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Supply Chain KPIs are Essential – The Right Ones! Many people get really confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Specific, Measurable, Achievable, Relevant, and Time phased. Supply Chain KPI Tips. All you need to know about Supply Chain KPIs.

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