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Maximize Ecommerce Supplier Relationships

Ship Monk

When was the last time you thought about your business’ relationship with its suppliers? The last time they raised prices? So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both.

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Global Logistics Market Analysis: 2022 Summer Edition

MTS Logistics

Last year was marked with capacity issues and high prices, but today, freight prices have decreased, while capacity has increased. For example, recently Target was forced to write down the value of excess inventory that’s stuck in warehouses. West Coast ports and dockworkers are negotiating a new labor contract.

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This Week in Logistics News (February 11 – 17)

Logistics Viewpoints

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. Some companies expect to cut ocean-freight rates by half or more, which in turn could allow retailers to slow or stop price increases for goods.

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How AI Helps Build the Supply Chain that Thinks for Itself

Logistics Bureau

Of course, it can also open new opportunities for tomorrow. The following are examples. Supplier unreliability. A key example is the expert system. Image processing is an example. Price pressure and the need to make profits have left many supply chain organisations in a tight corner.

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9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

For example, you can optimise for cost, profit, or service, but not for all of them. Instead, your company’s optimal inventory performance will be such that you can meet the service levels you aspire to (or to which your customer agreements commit you) with the barest minimum negative impact on profit and working capital.

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

For example, as online sales reach a record high, B2C service provider Jet.com uses some creative logistics concepts to bring value to customers. Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. But hard skills must be coupled with soft skills.

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3PL Warehousing 101

Kanban Logistics

With the VMI model, manufacturing suppliers work with 3PLs to store goods that the manufacturer will eventually require. Examples range from custom trays that contain nuts, bolts and screws to be used in production to the assembly of one part of a larger product. Ultimately, of course, warehousing costs are largely individual.