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Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

The concept of ethical sourcing has risen in popularity during the past four years.” . Ignoring the legislation could lead to monetary penalties, bad PR, and a drop in consumer trust – not to mention the potential loss of source materials and the possibility of production interruptions. Consumer Buying Trends.

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Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

Changes have also been made throughout the document to clarify and emphasize the collaboration between the responsible agencies and other regional planning efforts, including funding.”. Source: Commerce Dept. Source: SupplyChainDigest. Source: Supply Chain Shaman. Source: EBN. Source: Arkieva Supply Chain Blog.

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Why Inventory Revaluation Is Your Next Important Task

Unleashed

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. A key metric in inventory revaluation is Net Realisable Value. Imagine you are a toothpaste maker, sourcing raw materials from overseas. But first, let’s look at some basic definitions.

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50 expert tips on supply chain management

6 River Systems

When Toyota pioneered lean production in Japan back in the 1970s, its suppliers facilitated this by being colocated nearby. “Some companies are starting to invest in creating data-backed profiles of their supplier base so they know where and when to look for second sources. Develop alternative sources and diversify value chains.

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Why Inventory Revaluation Is Your Next Important Task

Unleashed

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. A key metric in inventory revaluation is Net Realisable Value. Imagine you are a toothpaste maker, sourcing raw materials from overseas. But first, let’s look at some basic definitions.