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Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree. Ron Crabtree.

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Beyond Resilience: 5 Steps to Building an Antifragile Supply Chain

Logistics Viewpoints

But in today’s world of pandemics, geopolitical shocks, and extreme weather events, efficiency alone is a fragile strategy. Action Plan: Map your supply chain, visualizing key nodes (suppliers, plants, logistics hubs). Calculate TTR and TTS for each node and subtract ( TTR – TTS ).

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Strategies, Tips, and Pitfalls of Modern Transportation Procurement

Logistics Viewpoints

The effort to move closer to the customer – by virtually all businesses – means supply chain networks of old must be replaced with more links, more nodes, and smaller, more frequent shipments. The post Strategies, Tips, and Pitfalls of Modern Transportation Procurement appeared first on Logistics Viewpoints.

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Peak Season Prep: 2024 Trends & Strategies

Ship Monk

Today we’re going to look at some of the consumer trends that might affect your preparations for peak season 2024, and strategies to maximize them. Build in redundancies, such as multiple quality checks, multi-node fulfillment, and multiple shipping partners to reduce errors and risk.

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Supply Chain Design Crosses the Chasm

Logistics Viewpoints

The supply chain nodes which were once deemed to be relatively static have become far more dynamic in the recent past. The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly.

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KRONOS Worldwide Improves Service and Reduces Costs with Managed Trans

Logistics Viewpoints

Autonomy led to a complex supply chain with shipments that traveled too many miles and required too many touches across the nodes. Simplification and standardization were key to the strategy. Their IT infrastructure was also highly heterogeneous and provided no standard business processes or real-time reporting.

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The 3 Pillars of Supply Chain Management (And Why Their Alignment Matters)

Logistics Bureau

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.