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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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How Supply Chain Strategy Misalignment is Killing Kmart USA

Logistics Bureau

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

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Execution IS A Strategy

10xLogistics

First, it is interesting that "flawless execution" does not get the respect it deserves and if you dedicate your life to this you are somehow working on something "less" than strategy. The top performers deal with strategy and all others deal with the day to day execution - or so the top consultants will say.

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Peak Time or Holiday Shipping: Strategies & Tips to Stay Sane, Mitigate Extra Costs, & Keep Customers Happy

GlobalTranz

We wanted to bring you some quick strategies and tips that can help your holiday shipping woes or at any time of the year where you experience an increase in shipping volumes. The mantra for all transportation professionals is simple and holds true no matter the holidays or peak seasons: reduce costs and increase customer satisfaction levels.

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The Role of TMS in a Logistics Partner’s Strategy and Value Proposition

Talking Logistics

Operational excellence, of course. With us running five lines of service through our brokerage, we had to have a rating engine that enables us to present the best rates back to customers through our My HNRY portal. What do shipper’s look for in a logistics partner? What factors are driving these expectations? The benefits.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. Again, these are changes that can add to your cost-to-serve, and, during your transition, you might not have had time to look for ways to reduce expenditure. Rework – due to errors.

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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. You’re ordering more stock than you need so you can meet vendor minimum order quantities. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes.