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The CEO’s New Strategy

The Lean Thinker

Andersen Not many years ago there was a CEO so exceedingly fond of finding the right strategy that he spent all of his money on consultants to tell him what the strategy should be. One day there came two consultants and they said they could craft the most magnificent strategy imagianable. ” But he did not say so.

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Alleviating the Uncertainty of Peak Season: The Role of Home Delivery in 2024

Logistics Viewpoints

Given the many aspects of retail operations outside a business’ control—from supply chain disruptions and labor shortages to inflation and interest rates impacting both operational costs and customer behavior—the fulfillment challenge this peak holiday season is acute.

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Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

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The Most Overlooked DC Performance Strategy

Logistics Viewpoints

with one of the highest costs of living. In fact, a study by LinkedIn found that 70% of employees would not work at a leading company if it meant they had to tolerate a bad workplace culture. Technology presents an opportunity for a company to differentiate itself and upgrade its work environment. These are clear cut benefits.

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Importance of Real-Time Tracking for Last Mile Logistics

WorkWave

Efficient last-mile delivery can differentiate a business from its competitors, while inefficient practices can lead to increased costs and frustrated customers. In fact, studies show that last-mile logistics can account for up to 30% of overall transportation costs.

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6 Critical Success Factors in Distribution Network Design

Logistics Bureau

Transportation options: Costs and lead times for each available transportation mode. Transportation costs: Freight rates, fuel and labour costs, and other transportation expenses. Competitor intelligence: Distribution strategies and network designs of your competitors. Inventory turnover: Inventory turns for each SKU.

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Boeing: The Turning Point(s)

The Lean Thinker

With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. Those costs were out of control. Elimination of waste: Focus on adding value.