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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Freight management parties can rely on these tips to recognize and respond to transportation budget limits. The costs of logistics as a ratio of total expenses are too significant to ignore.

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7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. Cost Saving Tips for Every Supply Chain Manager 1. Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically.

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17 Practical Warehouse Organization Tips to Improve Efficiency in 2019

Conger

That’s why we compiled a list of 17 warehouse organization tips that will save your warehouse space, improve efficiency and decrease costs. For example: CALCULATE YOUR STORAGE AREA SIZE. For example: ANALYZE YOUR POTENTIAL STORAGE AREA. For example: ANALYZE YOUR POTENTIAL STORAGE AREA. Let’s get started!

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher.

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7 Best Tips for Inventory Management To Avoid Losses

3PL Links

7 Best Tips for Inventory Management To Avoid Losses | Image source: AR Racking Inventory management is likely the most crucial success component if you sell products through an online store. Use one stock management system or WMS system The first tip actually brings us seamlessly to the second tip.

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Mike Rother: The Toyota Kata Practice Guide

The Lean Thinker

If you choose to buy the book, I get small affiliate kickback that doesn’t affect the price you pay. On the one hand, the practice has become more sophisticated as people explore and learn application in contexts other than the original industrial examples. Don’t just read. A Bit of History: Toyota Kata has Evolved.