article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Collaborative Shipping (Insights from Indago Members)

Talking Logistics

One way to improve capacity utilization of trailers and carriers in transportation is via Collaborative Shipping — for example, where one or more shippers co-load freight on a trailer or where freight lanes are matched to create reliable and consistent continuous move routes. co-loading with.

article thumbnail

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.

article thumbnail

Freight Lane Matching and Collaboration

Talking Logistics

Waste in the form of under-utilized capacity and empty miles, for example, which results in added costs and inefficiencies for shippers and carriers. One way to address this problem is through collaborative shipping — that is, multiple shippers and carriers. Read more Freight Lane Matching and Collaboration.

article thumbnail

Real-life Examples of Supply Chain Optimization

Log-hub

Here are some real-life examples of successful supply chain optimization across various industries. Collaboration and communication among supply chain partners are essential for achieving synchronization and alignment, ensuring that everyone works towards common goals. Explore NEED SUPPORT?

article thumbnail

Supply Chain Resilience from Transparency and Collaboration

Logistics Business Magazine

Take Germany, for example: the “Trends in Logistics & SCM” study conducted by the German Logistics Association BVL in 2023 shows that cost pressure was the most important topic for decision-makers in 2016, but in 2023 it only ranks fourth. Things were different a few years ago. Sometimes very successfully.