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COVID-19 Lesson: Make Your Supply Chain More Resilient

Logistics Bureau

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Because capital costs are higher, however, company leaders must study the finances and determine if such a move would improve your ability to serve customers while remaining competitive. 3) Shorten Your Supply Chain—Source Locally.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. Mini Case Study: Walmart. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise.

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Nippon Express holds strong presence across the globe

247 Customs Broker

Corporate Strategy Division, Nippon Express USA. “I’m a typical Japanese businessman,” Uchida said, explaining how he started with the company’s air freight division after completing his university studies in 1982. If NAFTA ends, it will, of course, change the way cargo moves across the [U.S.-Mexico]

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Cost To Serve – A Smarter Way to Improved Supply Chain Profitability

Logistics Bureau

It can of course also be used to make an already profitable relationship even more profitable! For example, a CTS analysis may show you that customers ordering directly from you at your factory also generate lower costs in transport and inventory costs. Collecting and Using Cost to Serve Data. This sounds like common sense.