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Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree. Ron Crabtree.

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How Supply Chain Strategy Misalignment is Killing Kmart USA

Logistics Bureau

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

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Supply Chain Data Visibility Paramount as Industry Lurches into Next Chapter

IoT World Today

Practitioners must develop a data analytics strategy that gives them insight into supply chain aberrations before catastrophe sets in. “If Compare China’s share today with 2002, during the SARS epidemic, when China represented only 4% of world GDP. Erratic consumer demand adds further dysfunction.

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Bayer Crop Science Tackles Shipment Visibility

Logistics Viewpoints

In 2002, Bayer AG acquired Aventis (now part of Sanofi) Crop Science and fused it with their own agrochemicals division to form Bayer Crop Science. Initially it was part of a larger go-to-market strategy as the company realized it had an issue with its Net Promoter Score (NPS) and understanding the voice of the customer.

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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

Insufficient on-the-job training — Over the period from 2002 to 2013, investments in internal training programs such as apprenticeships, company classroom training, and other structured on-the-job skills development for current manufacturing employees were cut from 469,000 to 288,000 (nearly 40 percent). Annually, 3.2 - 3.5

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What Steph Curry and LeBron James Can Teach Us About Innovation

GlobalTranz

And in doing so, he provides a perfect example of the power of disruptive innovation. The 2002 Oakland A’s, who set baseball’s record for longest winning streak with the sixth-lowest paid team in the major leagues, used new statistics to disrupt baseball and set the stage for data-driven revolutions in many sports.

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Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

GlobalTranz

These recall counts point to sizeable growth over the past decade in the recall notices of Chinese-made consumer goods from 58 in 2002 to 153 in 2014. If you want to see an example of offshoring verses reshoring, look no further than the illicit trade markets for name-brand fashion items. Will it expand or wane?