Remove Forecasting Remove Manufacturing Procurement Remove Procurement Remove Ukraine
article thumbnail

OECD Trims Economic Forecasts as a Result of Ukraine Conflict

Supply Chain Matters

In this Supply Chain Matters commentary, we highlight the latest OECD global economic forecast in the ongoing light of the Ukraine conflict and provide some additional industry supply chain implications. . It this agency’s prior December 2021 forecast, OECD had forecasted that global GDP growth would moderate to 4.5

article thumbnail

Essential Technology Capabilities for Supply Chain in 2023

Logistics Viewpoints

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

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 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. Technology designed for manufacturers, such as ERP systems , provides organisations with improved visibility of the reliable local suppliers and their supply chains. Supply chain challenges.

article thumbnail

Automating Procurement and Supplier Relations to Alleviate ESG Concerns

QAD

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

article thumbnail

Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. They are more likely to shop for discounts and sales and may delay purchases of some items.

article thumbnail

How to Navigate ESG Risk with Supplier Management Software

QAD

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. As discussed in a recent QAD blog post , the United Nations forecasts 160 million children between the ages of 5 and 17 are involved in child labor.

article thumbnail

Supply Chain Matters COVID-19 and Ukraine Conflict News Capsule Update- October 25 2022

Supply Chain Matters

Rather, the plan seems to be the production of 90 million iPhone14 units which was in-line with Apple’s original forecast this summer. It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. West Coast port operators. Gulf or East Coast ports of entry.

Ukraine 52