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4 Key Strategies of a Solid Reverse Logistics Plan

ShipLilly

Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. It is essential for manufacturers and suppliers to take a better look at the vendor agreements they have in place so that they can enforce better collaboration.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

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The Role of Data Analytics in Supply Chain Management

3PL Links

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

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Near-real-time data-driven route optimization best practices

FreightWaves SONAR

Data represents an integral part of daily life for most people, and it is no different within the transportation industry. That insight into how freight logistics and optimization rely on data and understanding the full picture is critical to making the best improvements in supply chain route optimization too.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Book Now Let’s talk about your warehouse layout! Book your free consultation.

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Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

Standardise and Digitise The key to managing complexity, of course, is to be organised. You’re ordering more stock than you need so you can meet vendor minimum order quantities. So what can you do to ensure your inventory management meets the challenge of multichannel sales? Specific products subject to over and understocking.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. If university study is a little beyond you right now, one of the certification courses might work better for you. And don’t be afraid to ask their advice on how to start out in the industry.