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The Definition of Transparency

Blue Grace Logistics

As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results. Of course, there are also operational benefits to be had by utilizing a highly visible supply chain. So Why Aren’t All Companies on Board?

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9 Steps to Follow When Preparing for Supply Chain Project Management

Logistics Bureau

Of course, there is one more essential requisite for any supply chain project to commence—a budget. Of course, that means identifying every element of the solution that will fall within the project’s scope, but, just as importantly, detailing all known features that will not be in scope. Step 6: List Project Deliverables.

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What is a routing guide and what are best practices to create one

FreightWaves SONAR

And according to Brian Straight of FreightWaves , a routing guide is a living document that enables faster transportation management and keeps freight spend under control based on lane volatility, seen also within SONAR SCI Lane Acuity. What is a routing guide : a list of preferred carriers for tendering freight.

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Know the Kinds of Modes of Transportation

20Cube Logistics

You will definitely try to find out the available modes of transportation that can help move the consignment to your consignee seamlessly. Of course, the best mode to transportation is necessary, but the other factors that have to be taken into consideration are: The total cost. Less documentation. Speedy movement.

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Ethics in Supply Chain Management

Globalior

Most compliance managers in supply chain functions would readily agree that they hold ethical practices in high regard and likewise hold a firm moral high ground when making decisions in the course of their work. Ideally, all relationships with vendors must be managed through documented contracts with validity periods and clear exit clauses.

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Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

Standardise and Digitise The key to managing complexity, of course, is to be organised. While the need for contingency plans might seem obvious, it’s surprising how many inventory management teams overlook them—or rather, they don’t document their plans effectively.

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Reverse Logistics Solutions by 3PL Links

3PL Links

Decide between outsourcing returns management or not: Outsourcing this management will, of course, allow you to concentrate on your core competencies and avoid incurring the costs of acquiring this knowledge, or even profit from the cost reductions offered by the subcontractor’s knowledge. Implementing best practices.