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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise. With Ivalua, you can quickly access spend analysis tools to identify areas for cost savings and benchmark current prices against market trends. Doug has a B.S.

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The New Retail Paradigm with Ali Raza

The Logistics of Logistics

He has managed onshore/offshore/war zone logistics as well as batch, continuous, and discrete manufacturing setups. Ali joined his first tech startup while still an undergraduate student at the University of Pennsylvania. His production teams were responsible for billions of dollars of hydrocarbon output to the global economy.

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The Supply Chain’s Groundhog Day Experience

Enterra Insights

The movie is about a cynical television weatherman named Phil Connors (played brilliantly by Bill Murray) who is assigned to cover the annual Groundhog Day event in Punxsutawney, Pennsylvania. The Covid nightmare also exposed how dependent many countries are on Chinese manufacturers and suppliers. ”[3] The China Problem.

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ERP Sustains Manufacturing during COVID-19

IQMS

The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity.

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The Appointment of Hershey’s First CTO

Supply Chain Matters

The key theme often comes down to not only positioning one’s career but also having a deep understanding and appreciation for the linkage of manufacturing and supply chain capability to enabling business transformation needs and outcomes. ” Added Perspectives We have highlighted this appointment for two reasons.

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Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania.