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Managing your inventory levels is not the most exciting activity but is nonetheless critical in maintaining a good cash flow cycle for your business. It is critical because the amount of stock you own represents money that is tied up and cannot be used to pay your bills or re-invest in your...
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The majority of sourcing policy when the globalisation movement gained traction was built on the premise that wages and costs in Asia (i.e. China) were significantly lower than local costs. But as wages rise, and with the COVID-19 pandemic causing massive disruption in global supply chains, the...
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