Foreign-Trade Zones for Pharma: A Prescription for Savings
In recent years, many pharmaceutical companies in the United States have turned to the US Foreign-Trade Zones Program to lower production costs. In this QAD Precision Report we look at the...
Supply Chain Disruption: What Will Happen with the Holidays?
This holiday season, the items consumers deck the halls with may depend on what they can find.
The COVID-19 pandemic, extreme weather events and trade issues have crippled the global economy and...
What is Demand Planning?
Demand planning helps ensure deliverability and satisfaction of your customers through a supply chain management process of forecasting and predicting demand. The goal is to find the balance between...
Eliminating and Reducing Duties With FTZs
There are many advantages for manufacturers and distributors to use a Foreign-Trade Zone (FTZ). Perhaps the most compelling reason is to eliminate and reduce duties. Here are five ways leveraging an...
Why is Demand Planning Important?
In our article What is Demand Planning, we asked ourselves why is Demand Planning important? Prosperous businesses are able to plan for the peaks and valleys in their sales...
The Future of Digital Supply Chains
By 2025, more than 50% of supply chain organizations will have a technology leadership role reporting directly to the chief supply chain officer.(Gartner’s survey, February 2021) This percentage will...
What is a Foreign-Trade Zone (FTZ)?
The United States Foreign-Trade Zones program was established in 1934 when Congress passed the US Foreign Trade Zones Act. The act allowed for the creation of “Foreign-Trade Zones” — that is,...
Key Benefits of Demand Planning
The importance of demand planning isn’t lost on businesses. With demand planning you’re able to improve product forecast accuracy, increase supply chain scheduling, optimize your labor management, and it...
How to Gather Data for demand planning
When deciding to implement a demand planning cycle, one of the crucial elements of getting your demand plan right is the data you use to create it. Is the...
Performance in the Demand Planning Cycle
We’ve discussed the benefits of gathering data and coming up with a strategy of collaboration when implementing a demand planning cycle. Now it’s time to walk through the importance...