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Navigating Trends and Projections in Logistics for 2024

3PL Links

Image source: Flickr | Navigating Trends and Projections in Logistics for 2024 The logistics industry is always changing due to fluctuations in the market, technology advancements, and the never-ending quest for efficiency. Technology: The Engine of Transformation Technology will always be at the center of innovation and development.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But, of course, what those circumstances are is for you to decide. But just because you can outsource it all doesn’t mean you should. Without further ado, then, let’s move on so I can fulfil the promise above.

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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. Is Our Warehouse Lighting Energy Efficient?

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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?

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KPIs to assist manufacturers and distributors with supply chain challenges

SYSPRO Smarter ERP

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies. Warehousing KPIs. Outbound KPIs.

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Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

When you’re ingesting and synthesizing data from dozens or hundreds or millions of sources (as most sophisticated platforms do nowadays), you will see duplicated records, incomplete fields, formatting inconsistencies, different languages, different units of measurement. And better data science leads to better business outcomes for customers.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

Cooper uses this solution to improve their service levels and operational efficiencies. Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Of course it would! This analysis surfaced the need for alternative suppliers for these products.