Remove Examples Remove Procurement Remove Strategy Remove Study
article thumbnail

Transportation Strategies for Continued Success

Logistics Viewpoints

Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. Coronavirus has changed the outlook for direct-to-consumer commerce, and a TMS is now a critical component of this strategy. Large shippers with complex needs may turn to MTS providers to plan and execute their loads. Look to the Cloud.

article thumbnail

The 3 Pillars of Supply Chain Management (And Why Their Alignment Matters)

Logistics Bureau

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Maximize Ecommerce Supplier Relationships

Ship Monk

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. Establish KPIs that hold both your suppliers and your procurement team accountable. Was it the last time you placed an order?

article thumbnail

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? As you can deduce from Amazon’s example, there is no standard for an optimal warehouse layout.

article thumbnail

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

Logistics Bureau

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

article thumbnail

7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

article thumbnail

Transportation costs drive regional divide

Logistics Business Magazine

The study, conducted by Economist Impact, surveyed executive-level participants representing businesses in 26 major countries across the globe. For example, 42.5% The research was commissioned by DP World , global logistics company and a key participant in the World Logistics Passport. This compared to 19.9% for those in China, 27.5%