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Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

A 2023 McKinsey study found that companies relying on reactive supply chain management lose up to 10% of annual revenue due to inefficiencies and missed opportunities. AI-driven procurement tools analyze pricing trends and supplier performance to negotiate better contract terms.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins.

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How to Create a Truckload Strategy That Works in Any Market

Talking Logistics

We have been studying truck freight attributes and strategies since 2006. Discuss with your strategic suppliers what is most attractive to them. If you can provide what they seek, you will receive attractive pricing, capacity commitments, and top route guide performance. Find the right mix of asset providers.

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Supply Chain Glossary of Terms

Logistics Bureau

Acknowledgement: In purchasing, acknowledgement is the term used to describe a suppliers confirmation that the buyers purchase order has been received, and hence, that the order is accepted. Studying best practices provides the greatest opportunity for gaining a strategic, operational, and financial advantage.

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10 Freight Management Mistakes and How to Avoid Them

Logistics Bureau

You must evaluate the option in detail to know if it presents more pros than cons or vice versa. In addition, TMS operators can often negotiate the best possible freight rates. Without these checks and balances, companies tend to flit from carrier to carrier or use whichever one or two appear most convenient or economical.

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

They not only have to present the models to demonstrate their understanding, but they also have to relate the models to real companies. We also provide frameworks for effective interactions with others in courses such as purchasing, negotiation, professional selling, and team-based assignments.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Practice integrity, avoid conflicts of interest and personal enrichment, treat suppliers equally and fairly, and comply with legal and other obligations. Directly or indirectly, you are affected.