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6 Critical Success Factors in Distribution Network Design

Logistics Bureau

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It would be folly not to take advantage of data availability and accessibility. Inventory turnover: Inventory turns for each SKU.

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How to Use Data to Fuel Your Retail Reverse Logistics Strategy

GlobalTranz

How often do you think about your retail reverse logistics strategy? Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.

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2021 Strategies for Inventory Management and Supply Chain Recovery

EazyStock

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can.

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Using Technology to Integrate Your Return Management Strategy

GlobalTranz

Among these, an integrated return management strategy can make or break successful operations. Use Real-Time Data to Inform Your Returns Management Strategy. Use Real-Time Data to Inform Your Returns Management Strategy. Understanding the True Costs of a Return Management Strategy.

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Pioneering the Future: Logistics Insights for 2025

Logistics Business Magazine

This will involve diversifying supplier bases, increasing inventory buffers, and leveraging digital twins to simulate and prepare for various scenarios. “Businesses that scenario plan effectively will stay the course. “To capitalise on AI technology, businesses must start with precise data collection.

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Top Supply Chain Optimization Strategies for 2025

Log-hub

Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025. Look into tools that help with inventory management or consider robotic process automation (RPA) for repetitive tasks.

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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?