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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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Package Your Way to Supply Chain Cost Reductions

Logistics Bureau

Many articles on the topic of supply chain cost reduction have been written, most of which are understandably focused on issues such as inventory levels , network design , process efficiencies and supplier management/relationships. You also need to think about the indirect ways in which packaging can support supply chain cost reductions.

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Boeing: The Turning Point(s)

The Lean Thinker

Of course, a high stock price enriches those people who already own shares, and makes options and stock grants more valuable, but they didn’t get into that either. Those groups came back from their experience with an visceral understanding that the status-quo wasn’t going to cut it in the face of the then newly emerging Airbus.

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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

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Is Saint-Gobain Serious About Reducing Their Carbon Footprint?

Logistics Viewpoints

A press release from October of 2021 stated that solutions sold by the Group over the course of one year result in the avoidance of around 1,300 million tons of CO2 emissions over those product’s lifespan. It increases site productivity, reduces the usage of raw materials by up to 50%, but also leads to a more comfortable building.

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4 Key Strategies of a Solid Reverse Logistics Plan

ShipLilly

Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. Collaborating with manufacturers and vendors is now eliminating additional responsibilities that reverse logistics would otherwise create.

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5 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.