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

Logistics Bureau

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Pioneered the use of vendor-managed inventory.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. The logistics industry is known for its cost sensitivity and customer-oriented approach.

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Decoding the cross-border eCommerce puzzle

Vinculum

Cross-border eCommerce is to grow 1 trillion dollars by the end of 2020 from previous years as per the report from the global consulting firm Accenture and AliResearch. Notably, the APAC countries have seen a significant change in consumer buying behavior. It has compressed the distance and has made great deals crack in seconds.

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

Logistics Bureau

It costs you a certain amount to make a product. Unless you are customising your manufacturing for each product, we’ll assume the production cost is the same each time the same product is produced. Your sales price minus your production cost is your overall profit or margin; at least, before allowing for further expenses.