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Inbound Logistics: Everything You Need to Know

3PL Links

Everything You Need to Know About Inbound Logistics | Source: Picpedia. The tasks associated with the delivery of raw materials are handled by inbound logistics or supply logistics to guarantee their availability throughout the production process. Duties of inbound logistics. Components of the inbound logistics.

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9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

Those are the precise questions we’ve set out to answer in this article. For example, you can optimise for cost, profit, or service, but not for all of them. In that case, please read on, as the rest of this article is dedicated to explaining the nine fundamental factors typically contributing to suboptimal inventory levels.

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10 Freight Management Mistakes and How to Avoid Them

Logistics Bureau

That’s the first big mistake I want to address in this article, after which I’ll share information about ten other freight management mistakes we commonly see at Logistics Bureau while working with clients on supply chain improvement. 1: The Mistake of Minimalist Freight Management So, what about this minimalist management issue?

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Inventory Carrying Cost: What It Is, How to Calculate It and How to Reduce It

FourKites

We’ll list some examples of inventory risks below, but generally speaking, inventory risk cost can be assessed as the probability of any event occurring which can damage or cause you to lose your investment in that inventory, coupled with the total value of potential lost goods. Examples of inventory carrying costs. Opportunity Costs.

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KPIs for Your Warehouse: How to Choose and Use Them

Logistics Bureau

As I’ve mentioned in other KPI articles that I’ve written, we come across a surprising number of businesses that struggle to choose and use KPIs effectively in our consulting work. So now and then, I like to publish an article to help demystify the topic. 1) Speed up the Warehouse. For Goods Receiving.

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Urban Logistics: How to Master the Megacity Challenge

Sabinext

In my last article of 2018, “ Which Trends Will Change the Rules of Logistics in 2019? ”, I talked briefly about urban logistics and megacities. I want to dedicate my first article of the year to take a closer look at the specific consequences of urbanization and how they can be approached. Data-driven approach.

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3 Practical Metrics for Supplier Performance Evaluation

Logistics Bureau

These KPIs should all be applicable to your supply chain operation, subject to some tweaking to reflect the precise characteristics of your inbound logistics and purchasing functions. SEE ALSO: How to Address Chronic Poor Supplier Performance. The measurement is typically taken over a given time period (often monthly).