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5 Megatrends Shaping Supply Chain Innovations

The Logistics & Supply Chain Management Society

5 Megatrends Shaping Supply Chain Innovations. In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. Feature Article by Prof.

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Elevating Procurement Excellence: Key Strategies to Optimize Procurement Processes

Procurement Academy

Your business needs a broader vision to address sustainability, deliver on risk management and resilience challenges, nurture buyer and supplier relationships, as well as meet procurement excellence. This involves aligning procurement strategies with the overall business objectives such as innovation, sustainability, and resilience.

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Enhancing Procurement Excellence Through the Power of Negotiation

Procurement Academy

Advance Procurement Excellence with Expert Negotiation Strategies With procurement excellence comes multidimensional skills. By identifying cost-saving opportunities like bulk purchase discounts, they can significantly impact both an organization’s profitability and market competitiveness.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

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L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

The Company;s senses consumer preferences to change and align their portfolio to deliver personalized products for purchase anytime and anywhere. And, to meet the expectations of eco-friendly customers, the company has developed a method of assessing the environmental impact and the social contribution of each product they launch.

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Implementing Last-mile Delivery Technology

Logistics Viewpoints

To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology. To remain competitive, retailers and carriers must excel in the crucial last-mile delivery stage. And what are the comparative costs of building versus buying?