Remove Blog Remove How To Remove Vendor Strategies
article thumbnail

No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

article thumbnail

How to Reduce Fraud in Logistics

Shipchain

Employees pose the greatest risk for committing supply chain fraud at 22.9%, vendors post 17.4%, and third-party entities represent 20.1%. Traceability Reduces Fraud and Counterfeiting. The opportunity to reduce fraud in logistics and supply chain management will require a diverse population within the blockchain.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Editor’s Choice: Warehouse Distribution Errors and How to Fix Them

Logistics Viewpoints

And I had some specific thoughts on how they could fix the problem. Please follow along with me as I share the stories and solutions in part 1 of this two part blog series. Whether retail or warehousing, that opportunity cost can add up, especially if someone finds and buys from a new vendor. What’s the Actual Cost of a Mispick?

article thumbnail

How to Target Cycle Times for Working Capital Reduction

Logistics Bureau

The ability to reduce inventory levels is only one of a number of reasons to target cycle times as a way to reduce your working capital needs. The key cycles to target for working capital reduction include: The customer order cycle time. Areas in Which to Target Cycle Time Reductions. Supplier lead times.

article thumbnail

How To Overcome Supply Chain Disruption

GlobalTranz

Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. It’s vital to identify and protect critical vendors and partners that could be unwitting attack vectors.

article thumbnail

Why Driver Availability Is On the Decline & How to Cope With the Challenge

WorkWave

This blog will delve into the current state of driver availability, its causes, consequences, strategies for mitigating the challenge, and future outlooks and long-term solutions. While essential for safety, these regulations reduce the number of active driving hours, necessitating more drivers to meet delivery demands.

article thumbnail

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

GlobalTranz

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. This is comparable to the Holy Trinity of Manufacturing and Shipping discussed earlier this year in previous blog posts. Use External Benchmarking Tools. Increase Lead Time for Carriers Wherever Possible.