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5R of Waste Management: Refuse, Reduce, Reuse, Repurpose, Recycle

Compactor Management Company

Are you thinking about or currently implementing the 3R principle of waste management: reduce, reuse, recycle , there’s news for you. The new, simple, yet effective waste management mantra is the 5R principle: “refuse, reduce, reuse, repurpose, and recycle”. What Are the 3Rs of Waste Management?

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The Most Overlooked DC Performance Strategy

Logistics Viewpoints

For example, related to warehouse technology, a recent Lucas Systems industry study found 89% of respondents agreed that implementing artificial intelligence-based software within distribution centers can provide a competitive advantage. Does it require manual data entry? These are clear cut benefits.

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Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

These are the companies and leaders that aren’t letting a good downturn go to waste. A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. Reduced working capital. 17% went bankrupt, went private, or were acquired. “The

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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

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FourKites Visibility 2023: CONNECTED

Logistics Viewpoints

As a result, supply chains continue to be wasteful when looking at time, inefficiencies, and emissions. As part of its connected geo strategy, FourKites has expanded its operations to Japan, as it sees the country as an important link in the global supply chain.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? At that point, each SKU will be taken to any convenient storage location in the warehouse.