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Electric Forklift Rental Guide: Pros, Cons & Pricing

Conger

In this article you will understand the nuances of electric forklift rentals and become familiar with typical use cases and pricing structures to make informed decisions about electric forklift rentals for your business. In case you are just here for the pricing? Let’s dive in!

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How to Get Your Indirect Spend Under Control

Material Handling and Logistics

Many facilities try to trim their indirect spend by negotiating lower prices on a few of their most expensive items. So how can you better control your indirect spend? This article will look at three major issues that come up time and time again. Employees who fail to comply with supplier agreements. Too Costly.

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9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

Those are the precise questions we’ve set out to answer in this article. In that case, please read on, as the rest of this article is dedicated to explaining the nine fundamental factors typically contributing to suboptimal inventory levels. How to Improve Forecast Accuracy for Optimal Inventory. 3: Supplier Lead Time.

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How manufacturers and distributors can re-imagine procurement in the supply chain

SYSPRO Smarter ERP

As a recent article notes: “for procurement to lead the way, companies will want to reimagine not just what the function does but also how it operates and which new capabilities it will need” (McKinsey – Reimagining procurement for the next normal). This meets all their key performance areas. The procurement process.

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The Freight Forwarder’s Era: The Top Advantages of Working with a Freight Forwarder

MTS Logistics

In this article, we define five advantages that will transform the future of freight forwarding. Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments.

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What is Minimum Order Quantity and Should My eCommerce Business Set One?

Ship Monk

For suppliers and merchants, however, setting a minimum order quantity for your goods can mean the difference between losing money and making a profit on each sale. This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest. We’ll begin with a look at pricing strategy.