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Acing the drone obstacle course

World Food Programme Logistics

They are now out of their chairs and onto the green, where they will spend 90% of the course time. By asking students about their experiences we could see there was a gap between academic-style lectures and field exercises where they are expected to implement this technology. Safety first The exercises build up from the basics.

Course 40
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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. That will be an essential step to help you understand your current supply chain capabilities and where they may need improvement to meet those customer expectations—and address key trends in supply chain management. Instead, it should always be the other way around.

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How Supply Chain Orchestration Can Help Prevent Drug Shortages

Logistics Viewpoints

Asking these what-if questions entails assessing the impact on multiple areas, such as packaging, production, inventory, distribution, and of course customers. Too often forecasting is an exercise is done by a demand planner, who tosses it over the fence to someone else to fulfill. Has that changed?

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. Of course, it’s always possible to factor estimates of those costs into your product or service pricing, but then you can find yourself overpricing them. Are Your Profit Margins Declining?

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Ways to Handle Excess Inventory in Retail

ShipLilly

This is a trend that is undesirable since excess inventory tends to have a detrimental effect on cash flow. Of course, this is only possible with goods with a long expiry date. Historical data, as well as informed projections, can be useful in this exercise.

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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. This once-popular strategy flies in the face of the modern trend of striving for lean production processes, but those companies which were carrying buffer inventory are weathering the Coronavirus storm better than most.