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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. He was recognized as the undergraduate faculty member who had the greatest impact on students based on the 2017 graduating senior survey. Supplier development.

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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. In procurement especially, you are likely to be involved in building contractual agreements with suppliers engaging in commercial negotiations over product price, supplier service, and accountability for inbound transportation of the purchased goods.

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Brexit Uncertainty Increasing Supply Chain Costs, Says Report

Logistics Business Magazine

Nearly a third (32%) of UK businesses with EU suppliers have already increased their prices as a result of the vote to leave the EU, while two-fifths (41%) plan to increase their prices in the future in order to offset the potential costs of Brexit.

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Tender management against rising ocean freight rates

Transporeon

This blog examines how manufacturers, suppliers, and retailers can take back control and cut cuts by improving tender management. Many shippers expect prices to remain stable (44%) but no-one thinks that rates will decline (Transporeon/Xeneta survey, 2016). So what’s going on with ocean freight rates?

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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. Decision-makers chose a yard management software (YMS) product, and then had the transfer centre surveyed before initiating a pilot project covering a small portion of the yard. Supplier communication.