Remove Course Remove Examples Remove Material Savings Remove Strategy
article thumbnail

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.

article thumbnail

How to Reduce Ecommerce Returns

Ship Monk

But the best thing you can do for your ecommerce brand really is to reduce how many returns you get. As a result, product pages become your best asset to make sales and reduce returns. Depending on your product you want a description of materials, dimensions, fit, care, etc. How, you may ask? Great question! Think about it.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

article thumbnail

Thoughts on Retailers Buying XPO Logistics and What The Right Strategy Should Be

10xLogistics

Remember your business classes: The value chain starts essentially at the extraction of raw materials and ends with the consumer (some say it goes through post consumption disposal and return of unconsumed raw materials to Mother Earth. The problem with this strategy is the "crunch" is with the power not with the trailer.

article thumbnail

Cloudy Supply Chain Data

Logistics Business Magazine

Logistics Business’ David met with 3 namesakes, including Blue Yonder’s Senior Director for Global Retail Industry Strategy. Currently there is the challenge of middleware (software that lies between an operating system and the applications running on it), but Snowflake eliminates that as it’s permissive, for example if using ERP software.

article thumbnail

8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?