At this point the news that the retail giant's same-store-sales number are in a decline. That's been reported since mid 2013. But the fact that the trend is continuing amid otherwise (relatively) strong economy growth and the lowest unemployment rate since 2008 can be looked at as an indicator of the end of... something.
The laws in Turkey regarding electronic invoicing are decidedly different from statutes in other nations. For example, e-invoicing is voluntary for most companies in Turkey, however those operating in the hydrocarbon sector or with products subject to special taxes, such as tobacco, alcohol and light beverages have no choice in the matter. In fact, those entities had to begin delivering invoices electronically as of September 1, 2014.
Before going into the list of biggest risks, here is a “preamble to risks”. You need to be familiar with emergency procedures. This means the entire Chain (purchasing, etc.). The Control Tower idea, when done correctly and in conjunction with other fixes can be very successful. Visibility is a prerequisite to supply chain agility, responsiveness and almost everything in the supply chain. Companies need to find the right people, provide continuous training and allow them to learn and develop by rotating their roles in the supply chain.
If you happen to be a customer of Dubai Electricity and Water Authority (Dewa), be prepared to receive one less bill in the mail. That means starting at the end the second quarter of 2015, customers will be sent electronic statements for their electricity and power bills.
Our recent article on Opportunities in Your Supply Chain listed “Developing Supply Chain Talent” as a major opportunity. An article by Laura Cecere included a very interesting research study on “Ease or Difficulty of Filling Supply Chain Positions”. Outside of the managerial ranks (always hardest anyway), the most difficult are: Demand Planner; Network Planning Analyst; Supply Planner. Yes, it represents “traditional SCM” (EDI and Control Towers are not in the study).
Mandating electronic invoicing has proven a financial boon to the government of Mexico. That’s because for every peso Mexico’s tax administration SAT has invested in auditing, it recovered 61.1 pesos, or $4.65 US. In the first half of 2014, Mexican authorities collected 78.8bn pesos, up 34.2 percent year-on-year.
The people who staff various supply chain positions are very different from people in other departments like finance, sales, and even IT because they have different talents specific to their jobs. Really? I don't think that's even close to being the case. And your HR folks would probably be horrified by the notion that you're hiring based on those notions.
Chances are that if you work in supply chain related area like EDI, you're one or two steps away from the IT budget. That usually means that getting funding for supply chain projects is a competitive battle. But while you may think that IT holds the keys to the budget, there's probably another avenue you can pursue that can yield increased funding while also gaining support for making your supply chain run more smoothly.
It's hard to believe that the Holiday season is near - or that for those participating in retail, the season is already well underway. Is it too late to think about making this season better? If you haven't already made the infrastructure and system changes you've been contemplating this year then the answer is likely to be Yes! But there may still be a few things you can do at this late date.
According to a recently released survey conducted by the European E-invoicing Service Providers Association (EESPA), 840 million electronic invoices were processed and delivered to invoice receivers in 2013. That number signifies an increase of 19 percent from figures from the year 2012, when 706 million e-invoices were processed and delivered.