Remove Inventory Remove Sourcing Remove South Africa Remove Trends
article thumbnail

Smarter, Low-Risk Commodity Buying

ToolsGroup

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.

article thumbnail

ERP Aids Your Sustainability Initiatives

QAD

The sustainability trend goes beyond businesses that may have positioned themselves as “green” primarily for marketing benefits. 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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding the Salaries in Supply Chain Management

SCMDOJO

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.

article thumbnail

Supply Chain Roundtable Series: Getting Demand Forecasting Right 

Unleashed

That means analysing the market, global and local economics, your competition, and the latest industry trends before focusing on internal factors such as revenue and profit margins. Protecting profit margins from ALC inflation ALC (Average Landed Cost) is a crucial metric in demand forecasting and inventory valuation.

article thumbnail

Taking the Hill

Supply Chain Shaman

Three trends are clear: The industries are not making equal progress. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Industries that have formed cross-functional leadership teams combining source, make and deliver together have made the fastest progress. Companies are competitive.

article thumbnail

The Top 15 Omnichannel Retail Trends to Watch in 2022

ToolsGroup

That’s where omnichannel retail trends enter the equation. In this post, we’re covering the top omnichannel trends that are earning market share. Read till the end to find tips on how to execute these trends and boost ROI. Using shop-by-store features to check inventory availability before going to make purchases in-store.

article thumbnail

Podcast: Predictive Analytics and Digital Transformation Pioneer Knut Alicke

Requis

Some of the OEMs in the automotive industry struggled with the end-to-end processing of leather, which came from South Africa. They could see the entire supply chain right from the first request for materials all the way to the source of the materials in South Africa. What are you seeing now in that trend?