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Being Adaptive Drives Resiliency and Margins in Collaborative Supply Chain Networks (CSCN)

Logistics Viewpoints

By embracing collaboration, real-time data, and a focus on sustainability, companies can build resilience, improve margins, and gain a competitive edge. Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences.

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Effective Supplier Collaboration Is Critical

Logistics Viewpoints

McKinsey, the global consulting firm, has done research and writing on supply chain collaboration. In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers.

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Unlocking Digital Efficiency in Logistics – Data Standards and Integration

Freightos

One of the key themes that emerged was the growing importance of data standards and integrations. But the volume of available digitalized data, and the number of tools, solutions and platforms that supply chain stakeholders are using (juggling?) The rate of tech adoption in logistics continues to grow.

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Collaborative Planning, Forecasting, and Replenishment (CPFR): Enhancing Supply Chain Efficiency

10xLogistics

Collaborative Planning, Forecasting, and Replenishment (CPFR) is a strategy that has revolutionized this space, offering a systematic approach to reducing supply chain inefficiencies. It is structured around collaborative relationships between buyers and sellers, facilitated by shared information and mutual objectives.

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Real-life Examples of Supply Chain Optimization

Log-hub

By leveraging technology, data analytics, and innovative strategies, companies can streamline their supply chains and achieve significant improvements. Here are some real-life examples of successful supply chain optimization across various industries.

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Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

This award-winning platform synchronizes execution across the supply chain, empowering manufacturers to prioritize and collaborate to resolve critical material shortages and excesses. The company centralizes data from multiple sources to manage inventory, simplify change management, and improve data quality. The Greenscreens.ai

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

Logistics Viewpoints

By integrating order data, load information across modes, yard shipments and the like, internal departments can turn to a single source of the truth and more accurately manage various aspects of the lifecycle. Matt Elenjickal is the Founder and Chief Executive Officer of FourKites. He lives in Chicago.