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The Most Overlooked DC Performance Strategy

Logistics Viewpoints

Does it require manual data entry? Many of the best automation solutions do not eliminate headcount. This solution significantly reduced shipping costs by eliminating wasted cardboard and dunnage. These are clear cut benefits. A recent Forbes article identifies empathy as the most important leadership skill.

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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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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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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? Amazon did not invent the random storage approach. Book your free consultation.

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Supply Chain Management: Top 5 Cost-Saving Tips

Morai Logistics

Of the many ways companies can boost their profitability, simply reducing the costs of their supply chain remains one of the most overlooked. With that data, the Logistics Bureau found that, They have audited almost 1,000 enterprises in different sectors to find that whereas supply chains accounted on average for around 9.8%

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Everything You Need to Know About Smart Warehousing

3PL Links

This article explains the idea of smart storage, including its key benefits, and the technology that makes it possible. This strategy seeks to save expenses, minimize errors, boost operational effectiveness, and expedite response to market demands.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest. We’ll begin with a look at pricing strategy.