article thumbnail

Smarter, Low-Risk Commodity Buying

ToolsGroup

By FinStock South Africa. 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. The importance of having the right inventory at the right price to service customer demand is crucial.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Cloud ERP can assist manufacturers with their procurement function

SYSPRO Smarter ERP

With Cloud ERP analytics can be used to improve, classify, and analyze data by supplier and category. A company like Ford for example is working with key suppliers in China, India, Thailand, and South Africa to eliminate over 4900 metric tons of CO2 emissions in the next three years.

article thumbnail

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.

article thumbnail

Modeling brewing capacity to drive cost savings at HEINEKEN

AIMMS

A typical question we deal with could be: “should we invest in brewing capacity in South Africa or can we postpone that investment and save costs by importing beer from the Netherlands instead?” There was no global master data in place either. But we still need them to input their data to get global insights.

Modeling 293
article thumbnail

The role of women in manufacturing

SYSPRO Smarter ERP

In February 2023, a new facility was opened in Cape Town, South Africa, to manufacture products used for renewable energy and clean cooking. All the data is in the computer, so anyone who has access, can use it to build their own strategy and execute on it. The whole facility, from plant manager down, has a women-only workforce.

article thumbnail

Red Sea Ocean Transport Shipping Disruption Update

Supply Chain Matters

The Supply Chain Matters blog provides our readers with a further update on the ongoing Red Sea shipping disruption including added context and implications. Accurate, timely and proper context of data and information supporting an integrated business-wide operating plan. All rights reserved.