Remove Collaboration Remove Course Remove Definition Remove Exercises
article thumbnail

Data standardization and its benefits – Executive Insights with Thomas Bagge, CEO of DCSA

Shipping and Freight Resource

A financial modelling exercise to quantify the potential cost savings of the usage of digital shipping documentation, namely the electronic bill of lading (eBL) showed that at a global economic growth rate of 2.4% SFR : Ok, it seems like DCSA has definitely been doing a lot of things. But just data alone is not going to assist.

Data 90
article thumbnail

Industry View: Interview with EXCHAiNGE 2018 Speaker

Logistics Business Magazine

Bettina Bohlmann: Definitely! This obstructs cross-departmental project collaboration. Building diverse teams requires an up-front investment of time, of course. Bohlmann: When processes change, there will always be some people who won’t come on board, of course. This is now widely acknowledged. That’s to be expected.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Penske Teams in Chicago Hit the Mud Running

Penske Move Ahead

Dozens of Penske associates participated in this challenge as part of a team-building exercise, and it proved to be a little messier – and more rewarding – than even they expected. A Tough Mudder isn’t as much of a race as it is a 5-mile obstacle course completely covered in mud. We were covered from head to toe in mud,” Ryan said. “It

article thumbnail

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. The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . If you want business success (and who doesn’t?),

article thumbnail

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. The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Mini Case Study: Whirlpool.

article thumbnail

Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Take a proactive approach to collaborate with your Suppliers. Creating Collaboration: Supplier Day Conference Details of The Day. What is Value Analysis?

article thumbnail

Transportation’s Tricky Balancing Act

247 Customs Broker

Of course, that would be hard to do if the business in question needs to pile on costs just in order to increase its market share. We’ll look at the specific costs involved in defining economies of scale and set out three items which are important in the definition. It’s certainly a good question for investors to ask.