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Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

Let’s examine Amazon’s approach as well as the limitations of traditional supply chain planning, the operational benefits of AI, and the necessary steps for implementing AI-driven strategies. AI-driven procurement tools analyze pricing trends and supplier performance to negotiate better contract terms.

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Maximize Ecommerce Supplier Relationships

Ship Monk

When was the last time you thought about your business’ relationship with its suppliers? The last time they raised prices? So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both.

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Supply Chain Basics with Jason Miller

The Logistics of Logistics

His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. Supplier development. Supplier selection. Supplier relationships. Negotiations. Manufacturing strategies. Scorecards.

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A Quick Guide to Roles in Procurement

Logistics Bureau

For instance, the Chief Procurement Officer will lead the sourcing process, develop the procurement strategy, identify potential suppliers, and manage short and long terms goals. Members of the Sourcing Team are charged with finding out who’s in the market, who can do the work, and at what price. 2) Finance Manager.

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

MTS Logistics

Regardless of their size, companies are reassessing their global supply chain strategies. 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.

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How to Create a Truckload Strategy That Works in Any Market

Talking Logistics

Develop a comprehensive truckload strategy so you’re prepared to handle just about anything. Building the right truckload strategy for your business. The key to a great truckload strategy is aligning capacity communities with attribute segments of your freight portfolio. Select the perfect 3PL to augment your truckload strategy.

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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.