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Waste has been the default setting of supply chains for decades. A circular economy , where materials are reused, repurposed, or recycled to create a more sustainable supply chain that minimizes waste and maximizes value. This model helps reduce e-waste while increasing product longevity. The solution?
Thats why its more important than ever to focus on strategies that work and make them part of your plan moving forward. Lets explore the key strategies that can keep your business ahead of the competition in 2025. Make Sustainability a Core Strategy Consumers care more than ever about where their products come from and how theyre made.
Many of the best automation solutions do not eliminate headcount. This solution significantly reduced shipping costs by eliminatingwasted cardboard and dunnage. These are clear cut benefits. In addition to product design, training is another opportunity to involve your frontline workers.
You can adjust inventory as per the demand and supply conditions of the market. ✓ It helps to reduce holding costs by maintaining an adequate safety stock level. It incorporates predictive forecasting, which helps reduce stockouts by ensuring timely reordering.
Understanding and prioritizing the adoption of this comprehensive infrastructure will save you wasted time, money, and resources on any new technology initiative. This is the business risk for transportation providers putting the “Cart before the horse” when thinking about their digital strategy.
Analyzing a business' environmental footprint, reducing harmful environmental outputs, and producing goods that are environmentally friendly will all benefit our planet. As a side effect, initiatives like wastereduction and sustainability can bring with them cost savings, a better public image, and increased sales.
We spoke with Mr. Brett Turner, Vice President Supply Chain Management at DKSH (Thailand) to learn more about the strategy behind FMCG transportation and distribution in the ASEAN region and he also shared with us his vision focusing on future development of Thailand through this business. Recruiting locally also improves our knowledgebase.
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