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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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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

Here are some real-life examples of successful supply chain optimization across various industries. Key Components of Supply Chain Optimization Technologies and Tools The integration of advanced technologies plays a pivotal role in supply chain optimization. Go to our Data Analytics and AI consulting page to explore the possibilities.

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

It is a brilliant tool.” Business Network Takeaways While Business Network rolls up into the spend management product development organization, the trading partner collaboration this platform covers extends beyond just sourcing. SAP’s Business Network is a supply chain collaboration network.

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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.

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What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Download the White Paper.

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6 Types of Automation [Benefits, Pros/Cons, Examples]

Conger

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Programmable automation is code-based, allowing for excellent precision Programmable automation is most used in systems that produce similar items using the same automated steps and tools.