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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. This approach results in inefficiencies, higher costs, and missed opportunities. These costs fall within the “Cost of Goods Sold” components of the company’s financial statement.

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Circular Supply Chains with Deborah Dull

The Logistics of Logistics

Circular supply chains are interconnected systems that use secondary and regenerative inputs to generate value by reducing and extending resource use. Join the Circular Supply Chain Network to be among the first to know when we have live discussions, webinars, new courses, and more! Analyzing data. Circular Supply Chain.

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Embracing the Chill: How the Consumer Shift from Fresh to Frozen Effects Cold Chain Transportation

Blue Grace Logistics

a How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.

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How the Three M’s Can Help You Cut Down on Supply Chain Cost

Blue Grace Logistics

Understand where cargo can be consolidated to increase cost savings. Measure carrier cost structures to maximize efficiencies and lower costs. The data and analytics gathered during the measure phase is instrumental to a proper understanding of your operations. Enhanced control over shipment scheduling.

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Using Predictive Analytics For Better Supply Chain Resilience

Blue Grace Logistics

Improving predictability in outcomes is valuable, but ensuring your supply chain is nimble enough to act on the data is even more so. We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. Having random data is meaningless without insightful analytics.

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7 Freight Costs Considerations That Will Have Shippers Rethinking In-House Transportation Management

GlobalTranz

Freight costs are eminently controllable, however, efficiently managing this major budget item requires expertise. In the complex world of modern transportation, companies lacking the experience to professionally handle the intricacies of transportation management are sure to find controlling shipping costs an extreme challenge.

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Internet of Things (IOT), Cost-to-Serve, Segmentation and Supply Chain CoEs are unable to deliver promised business value without Prescriptive Analytics

AIMMS

The big theme of course, is the digitization of the supply chain and the implications it will have on business performance. In other words, for digital transformation to succeed, organizations need to be able to “take action” based on their data. Cost-to Serve. He created the initial cost-to-serve methodology.