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Why Inventory Revaluation Is Your Next Important Task

Unleashed

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation? Inventory revaluation is the adjustment of the costs of inventory to reflect changes in the recorded cost. Your inventory becomes obsolete.

Why Inventory Revaluation Is Your Next Important Task

Unleashed

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation? Inventory revaluation is the adjustment of the costs of inventory to reflect changes in the recorded cost. Your inventory becomes obsolete.

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Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

As the fabric suppliers require the longest lead times, ZARA approves designs & initiates manufacturing after it gets feedback from its stores. Develop methodologies to measure risk for each supply chain node, warehouse, factory, supplier, geography, or transportation node.

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

A North American-based survey of nearly 200 supply chain professionals from top CPG, distribution/wholesale, food and beverage, manufacturing, and retail companies found that 58% of respondents are still in the exploring or evaluating phases of digital transformation. Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory. PRESS RELEASE.

Study 131

Start selling on Amazon from India to the world in 2021

Vinculum

The business happens through 15 Amazon International Marketplaces in the Europe (Spain, France, Italy, Germany, Netherlands & UK), Americas (US, Canada, Mexico & Brazil), Asia-Pacific (Japan, Singapore & Australia) & Middle East (UAE, Turkey). Monitor your inventory.

India 52

Digitalisation of Supply Chains: Supply Chain Resilience, Responsiveness and Renewal – LogiSYM August 2020

The Logistics & Supply Chain Management Society

It functions as the base of blu’s operations, housing a technologically-enabled warehouse space, robotically-powered fulfilment systems, and an integrated last mile distribution centre. Inventory management, order fulfilment, and last mile delivery are time-consuming yet essential processes.

Xiaomi & The Supply Chain Behind the World's Highest Valued Smartphone Startup

Elementum

High Quality Suppliers, Demand-Driven Manufacturing and Longer Device Lifetimes. In the end, his diligence paid off—Xiaomi now partners with the world’s most highly touted hardware manufacturers including Sharp, Foxconn, and Wintek. Xiaomi’s ecosystem of suppliers and reliable manufacturing partners is intimately tethered to the company’s strict policy of demand-driven manufacturing, designed to keep the company’s inventory and up-front production costs as low as possible.

India 76

Xiaomi & The Supply Chain Behind the World's Highest Valued Smartphone Startup

Elementum

High Quality Suppliers, Demand-Driven Manufacturing and Longer Device Lifetimes. In the end, his diligence paid off—Xiaomi now partners with the world’s most highly touted hardware manufacturers including Sharp, Foxconn, and Wintek. Xiaomi’s ecosystem of suppliers and reliable manufacturing partners is intimately tethered to the company’s strict policy of demand-driven manufacturing, designed to keep the company’s inventory and up-front production costs as low as possible.

India 81

Decoding the cross-border eCommerce puzzle

Vinculum

The consumers in Malaysia, for instance, want to buy a product in Singapore can now buy it from their own country. The B2C affair is gradually overlapping the B2B segment as customers are willing to purchase products directly from foreign manufacturers and retailers.

Xiaomi & The Supply Chain Behind the World's Highest Valued Smartphone Startup

Elementum

High Quality Suppliers, Demand-Driven Manufacturing and Longer Device Lifetimes. In the end, his diligence paid off—Xiaomi now partners with the world’s most highly touted hardware manufacturers including Sharp, Foxconn, and Wintek. Xiaomi’s ecosystem of suppliers and reliable manufacturing partners is intimately tethered to the company’s strict policy of demand-driven manufacturing, designed to keep the company’s inventory and up-front production costs as low as possible.

India 73

Job opening: Global Supply Chain Director at Océ

Supply Chain Movement

A new global Manufacturing structure with new operating models has been created. Within this organization, you are responsible for global supply chain management activities across geographies (Netherlands, Germany, Canada and Singapore), successfully driving supply chain strategies and policies ensuring availability and on time delivery of products (print systems, parts, and OEM) to customers. In this position, you report directly to the Global Senior Vice President Manufacturing.

Top 20: The Ultimate Logistics Technology Roundup

Freightos

Companies like GoGoVan or EasyVan in Singapore are leading the charge. Ubiquitous data collection, as goods, supply chain assets and warehouses communicate with each all spell out huge data insights. 3D Printing : Almost 20% of manufacturers are already using 3D printing in their business to some extent. Real-time access to information in the warehouse can fundamentally change how logistics employees work. Manufacturing Geek , @CamstarSystems ].

Top 13 Asian eCommerce Marketplaces

Vinculum

The undisputed world leaders in manufacturing and exports have also steadily taken over the e-commerce sphere, sitting pretty as the largest e-commerce market in the world. Digitization in the last decade and a half has also witnessed the emergence of Singapore, Malaysia, Thailand, Philippines, and Indonesia as other major forces in the Asian marketplace. Lazada’s product inventory ranges from consumer electronics and household goods to fashion and beauty products.

Top 6 Wholesale Distribution Trends for 2019

EMERGE App

They range from small-batch soap manufacturing to the distribution of sports car parts. It firmly cemented China as the world’s manufacturing hub. The voracious appetite of US consumers for goods — from Apple products to Xmas trees — saw China become the de facto manufacturer of consumer goods. They have come to grow dependent and accustomed to working with Chinese manufacturers and suppliers. Less affected are Singapore, South Korea, and Thailand.

Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

It even took authorities some time to recognise the vital importance of warehouse logistics, supply chain continuity, truck drivers and other transport operators. Unlike SARS in 2003, the Covid-19 pandemic has spawned an unprecedented Global health pandemic.

The India supply chain revolution

Supply Chain Movement

This was meant to incentivize companies to manufacture locally, and indeed many did, either by outsourcing or creating micro-factories in most of India’s 29 states, despite volumes that might have more naturally led to larger economies of scale in consolidated production facilities. Manufacturers must work through a very highly fragmented patchwork of small distributors who tap into these networks and manage the complexity on behalf of the manufacturers, explained Reddy.

India 60

KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Inventory stock turns in Days. Inventory management. Production/manufacturing. Warehousing. Inventory levels. Of course, the difference between KPIs and metrics will vary at different levels of your organisation, so for example, while a metric recording “receiving accuracy” in a warehouse would certainly be a KPI for a warehouse manager, it would be completely extraneous as an executive-level KPI.

KPI 77

Updated IT Subway Map: Major acquisitions in SC software

Supply Chain Movement

Singapore. Because companies are increasingly outsourcing their manufacturing and logistics activities around the world, they are also more exposed to disruptions in the supply chain. Such a system enables those companies to fulfil orders flexibly by dispatching the goods from various inventory points (e.g. directly from their suppliers, from their own warehouse or even from a retail store). The supply chain software industry is in a considerable state of flux.

The Emerging Supply Chain Wars

NC State SCRC

Even the World Trade Organization chief economist Patrick Low describes these “hybrid value chains” as different: “The physical and the digital, the manufacturing and the services, and the value-added from intangible factors such as competence and reputation are simply not captured by today’s statistical methods”. [1] Moreover, he predicts that local prototyping and mass production could bring about a severe long-term contraction in global shipping, inventories, and warehouses.

Top eCommerce marketplaces in Philippines

Vinculum

Making the transition from an agricultural society largely to an economy now dependent on services and manufacturing has seen a rise in the average citizen utilizing technology to better effect. The stock warehouse with a vastly diverse inventory concept is still gaining prominence in the Philippines and hence Galleon.ph The popularity of the website has seen it expand its wings to Singapore, Indonesia, Malaysia, Brunei, Thailand, Vietnam, Hong Kong, and Taiwan.

This Week in Logistics News (February 29 – March 4, 2016)

Talking Logistics

MNX Global Logistics Acquires Specialty Aviation 3PL Aero Express Logistics in Singapore. In recent quarters, Target has struggled with inventory shortfalls as it tried to cater to online and in-store shoppers at the same time. As I discussed recently with Doug Kimball from JDA Software, omni-channel is also having a significant impact on manufacturers and their supply chain and logistics processes.