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How to Make Your Supply Chain More Resilient

Logistics Bureau

Just as your body needs multiple defense mechanisms to fight off illness, your supply chain needs various strategies to handle disruptions, whether they’re local supplier issues or global crises. Let’s look at five proven strategies that can help you create a more resilient supply chain.

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4 tips to reduce cargo damage and save money on shipping costs

Shipping and Freight Resource

The more your products get damaged in shipping, the more money your company loses and the effects of that loss can spread throughout your organization, causing both direct and indirect expenses and affecting sales. But if you can reduce cargo and shipping damage , you can cut shipping costs. Make Labels Clear.

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Boeing: The Turning Point(s)

The Lean Thinker

With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. Elimination of waste: Focus on adding value. Customer-driven. Management leadership.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

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The Effects of Cultural Differences on Transportation and Logistics

MTS Logistics

Customs and Export Procedures Logistics companies need to exercise caution in navigating the varied customs procedures of different countries. Non-compliance or high customs fees may negate efforts invested in customer satisfaction and cost reduction, potentially harming the company’s interests.

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4 Top Strategies to Enable Efficient Shelf Replenishment

Locus

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Eliminating the Need for Markdowns: By maintaining the right stock levels at the right times, we can avoid bothersome markdowns.

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Outsourcing transport and warehousing: How to be Successful

Logistics Bureau

Reduction in asset capital.Warehouses and vehicles are expensive to purchase or lease and can tieupmillions of dollars that could otherwise be invested in the core business of the firm. Alas, in some cases, there is no supply chain strategy to speak of. It must be a joint exercise. But what about cost of service?