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Warehouse Costs: A Strategy Guide to Reduce Them

Cyzerg

Reducing warehouse costs is critical in running an efficient warehouse and maximizing profits. However, with increasing demands and rising expenses, finding effective strategies to reduce warehouse costs can be challenging.

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13 Ways to Reduce Parcel Freight Costs

Amware Logistics and Fulfillment

Looking for new ways to reduce parcel freight costs? If you’re not already using the following strategies, then you are missing out on the best ways to whittle down the 75% of overhead that your firm funnels into outbound parcel costs every year. Check our our eBook on parcel cost reduction.

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Inventory Visibility: Definition, Benefits, Strategies to Improve It

Cyzerg

By prioritizing inventory visibility, you empower your business to make informed decisions about production, sales, and replenishment, improving operational efficiency and reducing costs. In this blog, we will discuss the definition of inventory visibility, its impact, and strategies to improve it.

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The CEO’s New Strategy

The Lean Thinker

Andersen Not many years ago there was a CEO so exceedingly fond of finding the right strategy that he spent all of his money on consultants to tell him what the strategy should be. One day there came two consultants and they said they could craft the most magnificent strategy imagianable. ” But he did not say so.

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The Digital Levers You Need to Achieve Sustainable Cost Reduction

For supply chain and procurement pros, cost reduction is a top priority today. This timely new paper from GEP explores powerful and effective digital levers that can help you to slash costs and create more value for the business. Read it now.

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Controlling Supply Chain Cost for Sustainable Growth

Blue Grace Logistics

Controlling Supply Chain Cost for Sustainable Growth Search Search BlueGrace Logistics - March 26, 2024 In modern business, controlling supply chain costs is paramount for sustaining profitability and competitiveness. This helps in reducing supply chain costs associated with stockouts and overstocking.

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Boosting Warehouse Performance: 5 Strategies for Optimal Efficiency

Cyzerg

From improved productivity to reduced costs, the benefits of boosting warehouse performance are undeniable. Maximizing warehouse performance is essential for any business that relies on storage and logistics.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations?

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Rethinking Supply Chains for Greater Efficiency, Resiliency, and Sustainability

Supply Chains have 3 key priorities: building resiliency, reducing costs and driving ESG performance. Read the new GEP-sponsored report by Harvard Business Review Analytic Services for strategies and digital solutions to achieve these goals.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment

From new pricing strategies and material substitutability to alternative suppliers and stockpiling, a new GEP-commissioned Economist Impact report reveals that enterprises are adopting a variety of approaches underpinned by data and technology.

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Best Practices for Accelerating the Sales Process

More often than not, sales leaders strive to accelerate their deal cycle, but it’s critical to also consider the opportunity cost. This eBook takes a look at three headache-free strategies you can employ today to accelerate selling the right way. Efficient outreach strategy. What's covered: Targeted prospecting.

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A Proven Guide to Recruiting Passive Candidates

At some point in your role as a recruiter - perhaps more frequently than not - you'll need to fill a position quickly and you'll look for active recruitment strategies to do it. However, it's not efficient or cost-effective to be in the active recruitment mode all the time.

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Leverage SAP IBP to Drive Planning Transformation

And to reduce costs, improve visibility and insight, and advance digitalization to gain competitive advantage. Today, traditional SAP Integrated Business Planning (IBP) deployments are not enough. You need to assure you are leveraging its maximum potential to truly transform planning. How do you get there?

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Webinar On-Demand: 3 Ways to Make Your Operational Execution More Robust With S&OE

Speaker: Sander van Lokven and N.S. Krishnan

This keeps the supply chain out of firefighting mode, smoothens relationships with customers and suppliers, and helps sustain margins by reducing the cost to serve. S&OE provides an early warning system that helps business stakeholders sense and optimize their responses. How S&OE is different from S&OP & the gap that exists.