Remove Analysis Remove Collaboration Remove Exercises
article thumbnail

Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

As I’ve underscored here before , more and better data, along with pervasive data sharing across the supply chain ecosystem, turbo-charges opportunities for collaboration and problem-solving. Matt Elenjickal is the Founder and Chief Executive Officer of FourKites. He lives in Chicago.

article thumbnail

Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

Resolution To address these challenges, companies are seeking comprehensive supply chain planning solutions that can act as a margin multiplier by optimizing resources, managing inventory, and enabling real-time collaboration and visibility across the supply chain network.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Take a proactive approach to collaborate with your Suppliers. Reverse marketing starts first with Value Analysis. What is Value Analysis?

article thumbnail

Where Does Supply Chain Design End and Planning Begin? (Takeaways from LLamasoft’s SummerCon 2017 Conference)

Talking Logistics

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use.

article thumbnail

The Effects of Cultural Differences on Transportation and Logistics

MTS Logistics

Cultural Protocols and Business Habits Collaborating with companies from different cultural backgrounds requires sensitivity to business protocols, ceremonies, and cultural nuances. Customs and Export Procedures Logistics companies need to exercise caution in navigating the varied customs procedures of different countries.

article thumbnail

Volga-Dnepr’s Cargo Supermarket Offering Delivers Insulin from Milan to Chicago

Airfreight Logistics

Yulia Celetaria, Global Director, Pharma for AirBridgeCargo Airlines, said: “We are proud to be stepping away from the previously existing fragmented nature of the air cargo industry toward a collaborative approach where all the stakeholders function as a single unit to ensure the integrity of pharmaceutical products.

article thumbnail

Collaboration at the Logistics Sharp End – Can It Work?

Logistics Bureau

Making collaboration work at the logistics sharp end is possible, but there are conditions. In this article, we look at why you might want to collaborate in your logistics, where opportunities lie, what makes collaboration work, and conversely, what makes it fail. What Can Companies Gain from Collaborating in Logistics?