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4 Top Strategies to Enable Efficient Shelf Replenishment

Locus

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Exercising Cost Control: Lastly, shelf replenishment is all about managing costs efficiently. Read Also: What Is Order Fulfillment and It’s Process and Strategies 1.

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Build Resilience in Volatile Freight Environments

FreightWaves SONAR

Aggressive pricing/cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. From a shipper’s perspective, transportation is a cost center, and the exercise of sourcing trucking capacity is not much different than that of procuring raw materials for production.

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Flexibility in the Face of Uncertainty

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. While COVID did see some modal shifts of everything from wheat to Peloton exercise bikes, there are certainly products that are less likely candidates for shifts.

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Top courses to upskill manufacturers

SYSPRO Smarter ERP

Digital transformation has quickly become an essential part of any successful business strategy which has also resulted in a skills gap. Investing in an ERP system and other business systems is an expensive exercise and by not investing resources into training and education, manufacturers will not get the full return on investment.

Course 105
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6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

By leveraging ERP analytics, manufacturers can streamline the management of sourcing strategies for materials and make informed decisions when selecting suppliers during the purchasing cycle. Manufacturers can exercise better control over the return and exchange of items bought from suppliers, ensuring smooth operations.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? If not, your pricing strategies could inadvertently limit your profit margins , either by throttling revenue or gifting sales to your competitors. Are You Missing Opportunities in Pricing Strategy?

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Understanding Truckload Rates: Contract Versus Spot Market

Blue Grace Logistics

This level of volatility can potentially leave shippers in a difficult position if they haven’t built a strategy that encompasses both spot and contract truckload rates. To read the entire blog visit BlueGrace Logistics. Freight capacity and, therefore, truckload rates are constantly shifting.