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What to Consider When Determining an Optimal Sourcing Strategy

Supply Chain Brain

In making complex decisions regarding their manufacturing strategies, companies must conduct a comprehensive analysis of operations that spans multiple functions.

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Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

Source: Company Reports, Linerlytica 2. Source: Clarksons, ING Research 3. Source: Drewry, ING Research This excess capacity can only be managed or at least tried to be managed by carriers scrapping older vessels, slow steaming, and blank sailings, which will affect shippers supply chain performances.

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Four Ways of Using Cluster Analysis in Retail Management to Improve Sales

Logistics Viewpoints

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

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Descartes Releases Sourcing Risk Analysis of Critical Supply Chains in Biden Executive Order

Supply Chain Brain

Descartes Systems Group, a global provider of SaaS for logistics business, announced it has used its global trade intelligence solution to assess sourcing risks for the critical supply chains identified in the Biden Administration’s Executive Order on America’s Supply Chains, including semiconductors, large capacity batteries, pharmaceuticals and strategic (..)

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Supply Chain Network Design: The Ultimate Use Cases eBook

Scenario analysis and optimization defined. Diversifying sourcing and manufacturing. Creating a strategic digital twin (digital representation) of your supply chain network. Modeling your base case. Optimizing your supply chain based on costs and service levels. Modeling carbon costs. Dealing with multiple capacity constraints.

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4 Benefits of Near-Sourcing

Carter Logistics

4 Benefits of Near-Sourcing. Near-sourcing – a business moving its operations closer to where its end products are sold – is a growing trend as well as a strategy in the supply chain industry today. We can credit several factors for the increasing popularity of near-sourcing.

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Logistics Manager Analysis: Sourcing and Procurement… Driving Changes

247 Customs Broker

With day-to-day business challenged to the very highest degree, sourcing and procuring in the supply chain is more complicated than ever before. But while some… The post Logistics Manager Analysis: Sourcing and Procurement… Driving Changes appeared first on 24/7 Customs Broker News.