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The 3 Pillars of Supply Chain Management (And Why Their Alignment Matters)

Logistics Bureau

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. We’ll begin with a look at pricing strategy.

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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. Mini Case Study: Walmart.

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7 Reasons Why the Supply Chain Matters to Business Success

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. Mini Case Study: Walmart.

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What is Inbound Logistics and How Can a 3PL Help?

Kanban Logistics

Reduce your inventory and speed up the cash cycle. By reducing time buyers spend with non-strategic suppliers, you’ll free them up to work on more important, larger contracts. With kitting services, you remove this wasted time and streamline the entire process. Free up buyer time to work with tier 1 & tier 2 suppliers.

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How to Kickstart a Successful Facebook and Instagram Advertising Strategy For Your Local Service Business

WorkWave

By pairing a solid organic social content strategy with a full-funnel social advertising strategy, you will gain much greater value and be able to tie efforts to actual ROI. If you neglect this order you will not only waste budget, but you will also miss out on the true value that social advertising has to offer to your business.

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. This, of course, has become costly with globalization, unless multiple suppliers have been strategically chosen within close proximity. 2: Audit Strategy.