Remove Efficiency Remove Examples Remove Exercises
article thumbnail

How to Make Your Supply Chain More Resilient

Logistics Bureau

While traditional supply chain management prioritises cost efficiency and speed, modern supply chain resilience demands a more comprehensive approach that balances operational efficiency with risk management and adaptability. Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards.

article thumbnail

What are Reverse Logistics?

Logistics Bureau

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ A well-implemented reverse logistics system is essential for managing these backward movements efficiently. By focusing on this, businesses can not only achieve operational efficiency but also build for long-term success.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Top courses to upskill manufacturers

SYSPRO Smarter ERP

The last few years have proven that manufacturers need to be agile to respond to market demands at all levels of the operation without increasing costs and waste or sacrificing efficiency. By learning the financial aspects of manufacturing, employees can improve their processes and reduce costs and improve efficiency. Manufacturing.

Course 105
article thumbnail

The History of Fleet Route Optimisation in Logistics

Logistics Bureau

Over a relatively short period, a transport or fleet manager’s ability to support an efficient distribution network through route and delivery optimisation has shifted from almost nil to almost limitless. A good KPI dashboard can show you for example, the difference between planned and actual kilometers for each route.

article thumbnail

Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. Algorithms can help supply chain professionals and their colleagues in other departments identify new opportunities to improve efficiency and innovate processes.

article thumbnail

Being Adaptive Drives Resiliency and Margins in Collaborative Supply Chain Networks (CSCN)

Logistics Viewpoints

Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. Supply side shifts: Example: A global coffee manufacturer experiences disruptions due to a natural disaster affecting one of its key suppliers in Brazil due to dry weather.

article thumbnail

Reimagining Logistics: Focusing on What’s Ahead, Not What Happened

Logistics Viewpoints

The pursuit of ever higher efficiency and speed have dominated transformation initiatives for more than forty years, driven in large part by the assumption that raw materials, commodities, warehouse space, transportation capacity and labor will be plentiful and immediately available at stable and often declining cost.