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Context. The Key to Unlocking the Power of Your Supply Chain Data Strategy

Logistics Viewpoints

For example, a warehouse inventory discrepancy may only matter if it affects high-priority orders or strategic customers. These agents operate collaboratively, learning from shared experiences, integrating contextual information to refine their recommendations. She lives in the Miami-Ft Lauderdale area with her family.

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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Lets break it down with some examples that hit home: Supplier Diversification : Reflecting on the disruptions caused by the pandemic, companies heavily reliant on Chinese suppliers faced significant challenges.

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Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Market Intelligence: Suppliers often have access to valuable business and supply market intelligence, which can inform a company’s strategy especially in the area of direct spend.

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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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The Three Pillars of Sustainability in Supply Chain and Logistics: A Strategic Guide

Logistics Viewpoints

For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Collaboration has also emerged as a key enabler of economic sustainability. This effort requires vision, collaboration, and a willingness to challenge the status quo.

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LG Acquires Majority Stake in Bear Robotics to Bolster Robotics Capabilities

Logistics Viewpoints

This acquisition aligns with LG’s strategy to strengthen its presence in the robotics sector, a key growth area for the company. As the robotics industry increasingly shifts towards AI-centric solutions, this collaboration is poised to significantly enhance LG’s overall robotics software capabilities.