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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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The Role of TMS in a Logistics Partner’s Strategy and Value Proposition

Talking Logistics

Operational excellence, of course. But beyond that, shippers today also expect their logistics partners to provide them with technology solutions, timely and accurate data, and business intelligence and analytics capabilities. What do shipper’s look for in a logistics partner? What factors are driving these expectations? The benefits.

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Flexibility in the Face of Uncertainty

Freightos

Of course, the economic viability of these types of shipments is limited to specific commodities. With more easily accessible data and bookings, alternatives to, yes, historically alternative routes suddenly become far more viable. Here’s how the data stacks up, relying on data points from Freightos’ air and ocean data.,

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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? Amazon did not invent the random storage approach. Book your free consultation.

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Maximize Ecommerce Supplier Relationships

Ship Monk

The process involves collecting quantitative and qualitative data concerning vendor-provided goods and services, and analyzing this data for opportunities to improve (or reasons to end) the relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn.

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From Real-Time Visibility to Real-Time Decisions: Data’s Value Is Propagating Across Global Supply Chains

Logistics Viewpoints

And in the intervening years — as we’ve leveraged real-time data, ML and AI to help countless companies answer the “where’s my truck” question — I’ve continued to underscore that visibility is a foundational technology. That’s when you can course correct in any number of ways that make your business more efficient and your customers happier.

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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.