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Smarter, Low-Risk Commodity Buying

ToolsGroup

By FinStock South Africa. One of our customers sources materials from a global network with long lead times. The need arose to provide planners with data to support the decision of when to buy the product locally at a higher price versus the cost of lost sales during a potential stock-out.

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Preparing Your Supply Chain for 2023 – 4 Areas of Focus

Logility

Utilize scenario planning in cases such as when to onshore versus offshore to evaluate sourcing options in the wake of government intervention . Clean data and documentation to make managing government intervention easier. Germany, South Africa, and South Korea were abundant in 2022. industry and the economy.

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Advancing Resilience Amidst Trade Disruptions and Tariff Swings

The Logistics & Supply Chain Management Society

It is subject to constant change in the global ecosystem In recent years, the share of total global trade by emerging economies including the BRIICS (Brazil, Russia, India, Indonesia, China, and South Africa) countries has continued to increase rapidly. To safeguard against such risks, companies must explore multiple sourcing options.

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How manufacturers can respond to supply chain disruptions

SYSPRO Smarter ERP

The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supply chain and impact South Africa. With digital technologies, organisations can use data to maximise visibility into demand, inventory, capacity, supply, and finances. Responding to global disruptions.

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Supply Chain Roundtable Series: Getting Demand Forecasting Right 

Unleashed

Begin with high-level market data and work down to revenue A common mistake when trying to predict demand is to rely solely on internal data. The consolation with that was all our main competitors sourced products from the same region, so we were all in the same boat.” James Trevelyan – Business Director at Circle One Surf Co.

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Analyzing Supply Chain Risk

Enterra Insights

A decade ago, supply chain analyst Trevor Miles ( @milesahead ) wrote, “I almost feel that we should be shouting ‘Vuka’ which in Xhosa (one of the South Africa languages) means ‘wake up.’ Big Data and Advanced Analytics. ”[3] She goes to note several ways data and analytics can help businesses. They include: 1.

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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. Image source: Sturgis Journal. Image source: MTL Blog. Image source: FDA . Data source: Datasembly. That’s a 9% increase in the last month alone. That’s part of problem-solving.”.