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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins. We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? Are You Missing Opportunities in Pricing Strategy?

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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.

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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.

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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. Form a series of joint agreements to monitor lead times and inventory levels. Typically it involves carrying extra inventory and hiring more workers than absolutely necessary. 2) Diversify Your Operations.

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Intelligent Automation, the Future of Supply Chain. Is the Logistics Industry Ready?

Blue Grace Logistics

According to a study conducted by IBM and National Retail Federation (NRF), the retail and consumer goods industry is designating intelligent automation, also known as artificial intelligence, as the future of supply chain. A large amount of data is used as the base for making strategies and taking decisions. What more is required?

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Finding Your Ecommerce Brand Niche

Ship Monk

If you don’t have anything unique to talk about, then perhaps you should reconsider your product strategy. Selling on Amazon may or may not be part of that strategy, but be sure you understand the differences between Fulfillment by Amazon (FBA) , Fulfilled by Merchant (FBM) , and Seller Fulfilled Prime (SFP) before committing to any of them.

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

Logistics Bureau

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.