Not up to Promethean Standards: Greece’s Pharmaceutical Supply Chain is Worryingly Weak

Elementum

Greece’s supply chain problems stem from the fact that Greek businesses rely heavily on imports that they no longer have funds to purchase. Goods like olive oil and Greek wine are being held up by suppliers, who would rather keep their inventory and wait until they can be paid in cash. Sales in Greece are down 20 - 25%, according to the Economist, which could lead to further unemployment if the low numbers persist. source: It Makes Sense Blog.

Checklist for working capital management

Supply Chain Movement

Working capital management revolves around inventory, debtors and creditors. Greece. Visuals cash checklist earn x turn finance inventory inventory days raw material risk Slimstock suppliers working capital10 questions to assess working capital management. Some companies generate cash so quickly that they can even achieve negative working capital. Supply Chain Media and software vendor Slimstock have developed this checklist for working capital management. >>Please

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Artificial Intelligence – sifting through the hype and the promise for forecasting

Kinaxis

Famed forecasting expert and organizer of the Makridakis Competitions (known as the M-competitions) Spyros Makridakis spoke to us remotely from his post at the University of Nicosia in Greece. Better supply chain execution is the goal, such as reducing inventory and stock outs.

The Impact of Demand Volatility and a Changing Technology Landscape on European Supply Chains

AIMMS

On the one hand, companies are facing growing uncertainty due to volatile exchange rates, rising oil prices and economic and geopolitical events, such as Greece’s financial crisis and the conflict in Ukraine. Let’s take the example of inventory optimization. A recent report by the ACE European Group identifies supply chains as of the biggest sources of concern for European businesses today.

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” The team needed to make a decision on when to shut down their plants, the right levels of inventory to build during the plant closure and how to predict the duration of the downturn. Volatility.

Updated IT Subway Map: Major acquisitions in SC software

Supply Chain Movement

Greece. Such a system enables those companies to fulfil orders flexibly by dispatching the goods from various inventory points (e.g. The supply chain software industry is in a considerable state of flux. Three large, international take-overs are changing the face of the market. as the advance of e-commerce continues, companies with an omnichannel approach are increasingly implementing specific order management systems.

Complex costs of transportation

Supply Chain Movement

To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. A TMS with inventory allocation enables shippers to monitor shipments down to the package level. Greece. 10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. They can renegotiate contracts, find other carriers, and do a better job of maximizing their truck utilization.

Mindmap for Global Logistics Integration

Supply Chain Movement

Greece. Finally, the system should enable intelligent inventory location management to ensure optimal on-shelf availability for the end customers. The world is becoming smaller and larger at the same time through globalization and the internet. Goods have to be transported across the globe and across the neighbourhood. To manage this logistics complexity while adhering to customer service standards and incurring reasonable costs, companies need Global Logistics Integration.

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Inventory stock turns in Days. Inventory management. Inventory levels. Supply Chain KPIs are Essential – The Right Ones! The information on this page WILL help you get it right. Many people get really confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Which ones to use?… … How many to use? Sadly it’s not such an easy question to answer. Of course they need to be SMART.

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10 questions about the benefits of S&OP for your organisation

Supply Chain Movement

For one company the added value will lie in avoiding running below capacity and in reducing inventory while for another it will be the controlled scaling up of new products and services, but it always revolves around being able to anticipate and adapt the chain to developments in a timely and integral manner in order to achieve the strategic objectives. Greece. Management at the helm.

3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

Greece. The 2015 Annual Third Party Logistics Study also reveals that both sides regard themselves as being successful, and shippers are seeing positive results again this year: an average logistics cost reduction of 9%, an average inventory cost reduction of 5% and an average fixed logistics cost reduction of 15%. After years of declining revenues in European logistics services, the business started to stabilise in 2013/2014.

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