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Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

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How to Make Your Supply Chain More Resilient

Logistics Bureau

When we talk about building a resilient supply chain, we’re not just discussing having backup suppliers or extra inventory. Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Typically it involves carrying extra inventory and hiring more workers than absolutely necessary.

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

Logistics Bureau

The following five mini case studies explore a few high-profile companies that have managed to sustain their supply chain cost-reduction efforts and keep expenses under control. The Supply Chain Cost Reduction Challenge: Somehow, Intel had to reduce the supply chain costs for the Atom chip, but had only one area of leverage—inventory.

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Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

GlobalTranz

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We hope the following case study shows you the proverbial proof in the pudding of effective Logistics KPIs management. .

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Why Fixed-Rate Contracts Can Be a Risky Bet for Ocean Freight Importers

Dedola Global Logistics

The True Cost of Delays: Delays caused by fixed-rate contracts can have severe financial impacts, particularly for seasonal, perishable, and just-in-time inventory products. Seasonal Goods: Delays can make seasonal products unsellable, leading to inventory write-offs. Case Study: The High Cost of Fixed-Rate Contracts.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Mini Case Study: Walmart. Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. Mini Case Study: Whirlpool. The study found that by this year (2016), 89% of companies expected to be competing primarily on the basis of customer experience. .

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3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

If you’ve never done a benchmarking exercise before, read on. If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry. Informal Benchmarking.