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Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

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A Practical Guide to Setting Up a Supply Chain Analytics Center of Excellence

AIMMS

Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. Getting buy-in agreement and changing your company culture to embrace analytics is often more difficult. How do you get buy-in and agreement? Operations Research Skills.

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A Practical Guide to Setting Up a Supply Chain Analytics Center of Excellence

AIMMS

Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. Getting buy-in agreement and changing your company culture to embrace analytics is often more difficult. How do you get buy-in and agreement? Operations Research Skills.

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Why Digitalizing Sourcing is a Must for Supply Chain Resilience

Logistics Viewpoints

Bundled offers (if you buy X, Y, and Z from me, I can offer a 10% discount or in case of transportation, grouping of backhaul lanes at a discount along with inbound lanes). Trying to evaluate bids with such complexity is well beyond the realm of manual methods and Excel spreadsheets. Digitalizing sourcing (i.e.,

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RAJA shares growth strategy with suppliers 

Logistics Business Magazine

Driven by strong organic growth and a strategy of acquisitions to better meet market needs, the RAJA Group has become a key player in the field of business supplies and equipment. The post RAJA shares growth strategy with suppliers appeared first on Logistics Business® Magazine.

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The Evolving Warehouse: Prepare Your Warehouse for Disruption

Logistics Viewpoints

High e-commerce shopping rates combined with construction delays are causing a strain in the supply of new warehouse space, especially as companies shift their inventory management strategies from just- in-time (JIT) inventory management to larger safety stocks for better responsiveness. Can you meet and respond to changing business demands?