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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 some industries, suppliers account for over 80 percent of the value of the products that are produced. Companies with close collaboration with suppliers outperform their peers.

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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

From there, we can upgrade supply planning systems, streamline procurement, revamp warehousing and distribution and, perhaps most importantly, enable collaboration across vast networks of supply chain partners to keep goods flowing. Pervasive real-time visibility and collaboration are our best bets to manage through the uncertainty.

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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.

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Freight Lane Matching and Collaboration

Talking Logistics

Everyone in the transportation industry knows that there’s a lot of waste in the system. Waste in the form of under-utilized capacity and empty miles, for example, which results in added costs and inefficiencies for shippers and carriers. Read more Freight Lane Matching and Collaboration.

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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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Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

He is a board member of the Association for Manufacturing Excellence (AME) and a contributor to the Forbes Technology Council , Manufacturing Today, WardsAuto , Supply Chain Brain, Industry Today, Aerospace Manufacturing and Design, ASSEMBLY , and more. Some of its customers include Boeing, Airbus, Spirit AeroSystems, and Tesla.

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Collaboration to Transform Cold Chain Transport

Logistics Business Magazine

We believe that our industry can make a significant impact on global greenhouse gas emissions, particularly in the areas of heating and cooling and food loss,” said Claudio Zanframundo (pictured), president, Thermo King EMEA, Trane Technologies. “We The session was aligned to the EU’s commitment of meeting SDG 12.3