ToolsGroup
MAY 25, 2021
By FinStock South Africa. The importance of having the right inventory at the right price to service customer demand is crucial. The trade-off between low cost, long lead time inventory and higher priced short lead time inventory is a daily decision to balance the risk of unsellable stock versus stock outs.
SYSPRO Smarter ERP
FEBRUARY 17, 2022
Having an ERP system that is relevant for the needs of food manufacturers ensures that factors like material requirements planning, inventory management, recipe, and batch control, plus traceability, all function effectively. Most recently, Nestle South Africa recalled its Kit Kat products over possible contaminants.
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SYSPRO Smarter ERP
MARCH 31, 2022
The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supply chain and impact South Africa. Supply chains over the years have predominantly focused more on minimising end-to-end costs, reducing inventories while driving up asset utilisation. Supply chain challenges.
QAD
AUGUST 12, 2021
Let’s cover just three areas where ERP drives greater sustainability: Responsible Sourcing – Manufacturing ERP systems support efforts to identify responsible, sustainable sources of materials. Consider the effects of excess inventory and unnecessary shipments. And, ERP can – and does – play a strong role.
SCMDOJO
JANUARY 31, 2024
Salaries You Can Expect in Supply Chain Management Region-Wise: Here is a list of salaries for different supply chain designations: Demand planner, Supply chain analyst, Master scheduler, Purchasing manager, Inventory manager, Logistics manager, Procurement manager, Materials manager, Supply chain manager, and Supply chain director.
Unleashed
MAY 1, 2023
Protecting profit margins from ALC inflation ALC (Average Landed Cost) is a crucial metric in demand forecasting and inventory valuation. The consolation with that was all our main competitors sourced products from the same region, so we were all in the same boat.” The main contributing factor to that was the cost of freight.
ModusLink Corporation
NOVEMBER 18, 2021
When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Ikea is a good example as it has sourced close to 50 percent of its wood from sustainable foresters and hundred percent of its cotton from farms that meet better cotton standards (Ikea, n.d.). Retrieved from Triple EFF.
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