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Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

Definition: Solicit your suppliers to come into your company to assist you with Supply Chain Cost Reductions, and other important issues, rather than your suppliers soliciting your purchasing dollar. You may read my post on holding a supplier’s day conference at your facility so that you may increase collaboration.

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI).

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

The US quality guru Joseph Moses Juran (born 1904 in Romania ) divides the supplier quality assurance process into nine steps: definition of the product’s quality requirements, evaluation of alternative suppliers. The definition of this metric is similar to the way it sounds. Cost of quality. This can be done in various ways.

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Why Logistics' Leaders Need to Recast "Cost Control"

10xLogistics

The best presentation I have seen in a long time was given last year at the CSCMP Annual Conference and it was given by Amazon. This is the definition of a true customer centric supply chain. If you own the final mile of the delivery then you definitely have more impact. His answer was clear: " We don't trade off.

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Focus on people drives success for Utz Group

Logistics Business Magazine

Aged 19, he is working in the toolroom and completing his course through day release at West Nottinghamshire College. The best thing about working for Utz is definitely the people I work with – colleagues are always willing to help and share their knowledge.

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Mexico conference: Uncertainty well-balanced with optimism

Automotive Logistics

While a degree of uncertainty over the future of free trade between Mexico and its Nafta neighbours to the north once again hung over discussions at this year’s Automotive Logistics Mexico conference, it was more than matched by confidence in the future of the automotive sector.

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How did we get here? Building the Defence logistician – Part One

Logistics in War

This transcript is the first half of a speech given at the 2018 Australian and New Zealand Defence Logistics Conference. Everyone in the room is probably quite confident that they have a definition of what a logistician is; whether you agree with one another is another question. Logistics is an enormous problem.