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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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Unmasking the Supply Chain: How Blockchain Brings Transparency and Trust

Logistics Viewpoints

Additionally, tools like zero-knowledge proofs (ZKPs) enable companies to verify information without disclosing sensitive details, and smart contracts automate key processes without intermediaries, reducing costs and delays Regulations such as the U.S. ERP & SCM Systems (2000s2015): Centralized ERP suites (e.g.,

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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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Do More Shipping with Less Work

Shipchain

Additionally, global trade scales are vulnerable to an impending digital documentation revolution, as noted by Kyunghee Park of Bloomberg.com. For shippers to stay competitive with big-box retailers like Walmart along with growing e-commerce vendors, they must think outside the box and cut costs wherever possible.

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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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TriumphPay Is Coming To Trinity Logistics

Trinity Logistics

In the midst of this unprecedented time, we recognize the struggles that our dedicated carriers are faced with, which is why beginning May 26, 2020, Trinity Logistics will be permanently reducing our QuickPay fees and making the move to the TriumphPay platform. TriumphPay is a leading provider of carrier and vendor payment solutions.

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Digital Product Passports: A Game Changer for Global Compliance

Logistics Viewpoints

DPPs provide a streamlined, digital way to document a product’s lifecycle, making it easier to ensure compliance and improve transparency. DPPs simplify compliance by consolidating all necessary information in one place, reducing administrative burdens. One of the largest issues is the constant evolution of regulations across regions.