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Schneider Electric’s Supply Chain Design Journey

Logistics Viewpoints

One essential tool used by the supply chain team is supply chain design. One key tool they use to accomplish this is a supply chain design solution from Coupa. By 2014, the company had purchased the Coupa solution, developed an internal modeling team, and created data extraction and cleansing routines.

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AI in Supply Chain Automation: Procurement to Logistics

Logistics Viewpoints

From sourcing and bid evaluation to warehouse slotting and dynamic routing, AI tools support faster and more consistent outcomes by processing large volumes of operational data and identifying patterns that human decision-makers may overlook. Integration allows seamless transitions from data insights to purchase approvals and execution.

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Why Benchmarking Alone Isn’t Enough for Proper Transportation Cost Analysis

GlobalTranz

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Inbound freight costs as percentage of purchases.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

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What the New Administration Could Mean for Your Business

WorkWave

These might include discounts for purchasing electric lawn equipment or energy-efficient pest control solutions. Impact of Policy Proposals: An Industry-Specific Analysis 1. Repatriation Tax Benefits A key proposal of the new administration is the repatriation tax policy, which offers reduced tax rates to U.S.

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Using ABC Analysis in Inventory Management

EazyStock

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.

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How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

GlobalTranz

Distribution of goods prior to purchase. Each of these elements more traditionally handles by outsourcing analysis of processes to supply chain consultant. As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data.