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How Supply Chain Strategy Misalignment is Killing Kmart USA

Logistics Bureau

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. The Failing Kmart Business Strategy. The first Kmart store opened way back in 1962.

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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. Amazingly, many companies have suffered after outsourcing decisions were made at an operational level, without due regard to the boards supply chain strategy.

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6 Quick Tips for Successful Logistics Outsourcing

Logistics Bureau

So … No more preamble … Here come the tips—five of them, in fact. An extensive process mapping exercise, prior to supplier selection, should help to prevent this issue. Just like a process mapping exercise, providing for some change management in your outsourcing project might not be cheap, but the expense is well worthwhile.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. Customer behaviour.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

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Build Resilience in Volatile Freight Environments

FreightWaves SONAR

Aggressive pricing/cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. Shippers drive prices higher when they bid against one another for available capacity in tight markets. The reverse trip is the exact opposite, and the rates are much lower.

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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

But if you and your team are perplexed over performance measurement and management, the following tips might help you get KPI selection right. Supply chain management objectives can encompass several success factors, including cost reduction, supply chain speed, efficiency, and service improvement. You’re in a good place.