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Freight Procurement is a Different Game

Logistics Viewpoints

This RFP taught Simmons Foods just how fluid their network was. Further, customers’ buying patterns were so variable, that 30% of the lanes they procured freight for were new to the network. Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. An RFP is a data intensive exercise.

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How much stuff is enough?

Logistics in War

Those who were intimately involved in the redeployment of Australian combat elements from Afghanistan in 2013 will have no troubles in citing examples of huge stockpiles of stuff that were created through over ordering, poor stock management, risk adverse planning and a failure to recognise changing security conditions.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

For example, could some areas of your warehouse be adapted via racking optimisation to store higher inventory volumes? A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities. For example, you could reduce human labour by deploying robotic equipment or other forms of direct automation.

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

Logistics Bureau

Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. Implemented cross-docking in its supply network to enable inventory reductions. Supply Chain Network Design. Mini Case Study: Walmart. SEE ALSO: Supply Chain Strategy Development. .

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7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. Implemented cross-docking in its supply network to enable inventory reductions. Supply Chain Network Design. Mini Case Study: Walmart. SEE ALSO: Supply Chain Strategy Development.

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Where Does Supply Chain Design End and Planning Begin? (Takeaways from LLamasoft’s SummerCon 2017 Conference)

Talking Logistics

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use.

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Overcoming e-sourcing apprehension

Transporeon

Some suppliers view RFPs as static cost-cutting exercises, which devalue their offering. Preferably, however, find a platform that already has a wide and detailed supplier network to minimize training and business disruption. Let your suppliers know that this will factor into your decision making.