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The Pros and Cons of Decoupling, De-risking and Diversification of Supply Chains

MTS Logistics

In a nutshell, the main advantages of supply chain risk diversification are minimizing potential supply chain-related disruptions, having more negotiating power, improved resilience, and access to new markets. By diversifying suppliers across different regions, companies can reduce the impact of localized disruptions.

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This Week in Logistics News (February 11 – 17)

Logistics Viewpoints

hope to slash shipping costs and save millions of dollars when they sit down later this month to negotiate long-term contracts with ocean carriers following last year’s surge in rates. Some companies expect to cut ocean-freight rates by half or more, which in turn could allow retailers to slow or stop price increases for goods.

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Jobs and Career Paths in Supply Chain and Logistics

Logistics Bureau

Source: Council of Supply Chain Management Professionals 2017 Survey. Demand Planner: This role involves forecasting and estimating future demand for a company’s products, and working with multiple supply chain functions to meet it, while also avoiding over-supply. Council of Supply Chain Management Professionals 2017 Survey.

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

Logistics Bureau

per chip were bearable for units selling for $100, but the price of the new chip was a fraction of that, at about $20. The company makes most pieces to order and customizes them to meet customers’ unique preferences. Supply chain costs of around $5.50 These were to: Reorganize the supply chain. Reduce cost to serve. plants to four.

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13 Warehouse Types: Definitions, Functions & Examples

Conger

Geological Survey. Lower freight costs since these warehouses often negotiate favorable rates with freight companies based on their volume of clients and order throughput. And although co-ops get the best pricing, some cooperative warehouses do allow non-cooperative businesses to store their goods. Department of Interior.

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State of Global Logistics: Delivering above and beyond

247 Customs Broker

A recent series of surveys conducted by a prominent industry think tank indicates that the current state of global logistics is characterized by extreme urgency and the pressure to deliver above and beyond—regardless of mode. Furthermore, they want their carriers to stay focused on meeting evolving consumer needs.

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US Factory Gauge Jumps to 14-Year High as Orders, Jobs Climb

Material Handling and Logistics

exceeding all estimates in a Bloomberg survey) from 58.1; Negotiations with Canada to modernize the North American Free Trade Agreement ended without a deal by Friday's deadline, though talks are scheduled to resume Wednesday. Gauge of supplier deliveries rebounded to 64.5, Gauge of prices paid for materials fell to 72.1,