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South African Firms’ Weakest Link: Supply Chain Management
Inventory management is sorely lacking in South African companies, keeping many of them from finding greater success. Companies are struggling to figure out how to deal with this problem. In the...
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The Survey Says the Price Is Right for Manufacturers to Move
The Manufacturing Belt may change into a Manufacturing Spider Web soon because manufacturers are planning on fragmenting and moving their operations closer to their customers. The Manufacturing Belt,...
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Is a Global Food Supply Crisis Coming?
A new Oxfam report says a combination of population growth, climate change and rising energy prices could create a food supply crisis in the next 20 years. Is this really a serious problem or is...
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What Do Disney, Dell, Boeing and PepsiCo Have in Common?
What do Disney, Dell, Boeing and PepsiCo have in common? They’re all worried about their supply chains. They, along with 40 other big-name companies, attended a Supply Chain Forum in Knoxville, Tenn....
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Creative Way to Control Inventory: Demolish It!
To get rid of excess inventory, most companies simply sell their spare products at a discount. But one company is trying a different strategy – destroying them. Destructive Solution According to the...
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Beat Unpredictable Demand with Smart Supply Chain Management
Here’s a question that’s troubling many business owners: How do you predict how much inventory to keep in stock when demand is so inconsistent? The good news is there are at least three solutions to...
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Enterprise Resource Planning Is Like Maintaining a Car
Do you suddenly remember that you need to replace a flat tire only when you’re actually in your car and you need to get somewhere fast? That would be incredibly poor planning! Waiting until the last...
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Do You Have the Right Inventory Management Tools?
Many companies don’t have all of the inventory management tools they need right now because they’re stuck in an old mindset. You need to break out of the past, start thinking about what you need right...
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Inventory Tracking Software Defuses Tense Situations
Knowledge is power. If you have access to the right information at the right time, you’ll have a much easier time keeping your customers happy, and building their confidence in your brand. Missing...
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How to Solve 10 Serious Supply Chain Challenges
I recently found an article about supply chain concerns that, even though it was published a year ago, has a lot of lessons that apply to businesses as we move further into this exciting New Year. A...
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Essential Supply Chain Management Tip: Know Your Customers
The whole point of managing supply chains is to make sure your customers’ needs are taken care of. You want to have the right parts and products on hand when your customers are ready to buy them....
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The Importance of Communication in Supply Chain Management
Someone recently told me about a horrible experience they had with a supplier. They had ordered a large number of items to be put in a large container and shipped across the ocean from China. However,...
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