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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.

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Your Expert Guide to Inventory Audits: Best Practices & TipsĀ 

ShipBob

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory ā€” whether itā€™s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

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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. In a recent BearingPoint survey, a whopping 85% of companies attribute their move to sustainable procurement practices to government regulations.

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Federal Reserve GSPI Index Drops Significantly in April

Supply Chain Matters

The Supply Chain Matters blog highlights a further negative drop in the New York Federal Reserveā€™s Global Supply Chain Pressures Index ( GSPI ). The logistics industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022.

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2022: A Look in the Rearview Mirrorā€“Part I

American Global Logistics

We had a hangover from the pandemic: Which led to continued inventory shortages, closures of manufacturing plants in China, congested ports, and underemployment. This was evident with the creation of a new report from the New York Federal Reserve. It also led to inventory excesses.

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Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. Morgan Global Manufacturing PMIĀ® report, a composite index produced by J.P. Federal Bank of New York.

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

For the specific routing of Shanghai to New York , the index was $11, 531, reflecting a six percent decline. . Similarly, factories in areas of Shanghai , Shenzhen and Jalin provinces have had to restrict workers to manufacturing campuses in order to maintain operations. Because of this, both Inventory Costs (91.0)