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Want a Better Supply Chain? Here Are 4 Reasons to Outsource Your Transportation Management

Talking Logistics

Third party logistics (3PL) and outsourcing of nearly every conceivable logistics function is a known, proven, and highly mature strategy that delivers near immediate financial and operational performance efficiencies that assist companies to reduce costs and improve supply chain performance. dollars) in 2012 – a 9.9%

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Guest Post: Ignoring this Performance Metric is Risky

TMC

There are many ways to measure supply chain performance in terms of resilience, but there is one that’s easily overlooked even though it is gaining in importance: Detection time. A major freight company employs a team of meteorologists that works closely with its flight dispatchers and contingency coordinators, for example.

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Justifying Investments in Risk Avoidance

MIT Supply Chain

I gave the example of Sun Microsystems, which suffered a spate of freight thefts in Europe. In March 2012 an accident at an Evonik Industries plant in Germany knocked out 40% of the global supply of CDT, a tough plastic used in fuel lines, brake lines, and plastic housings. 3. Hitch resilience to other goals.

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Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

The short-term strategy to build resilience, is to focus on three major elements, essential to keep freight moving. . Boost agility in logistics: multimodal solutions to combat increased freight costs and limited capacity. Her main research interest is sustainability and supply chain resilience. MORE FROM THIS EDITION.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

At the same time, though, supply chain costs rose by more than $75 million. Supply Chain Cost Reduction Challenges: When the supply chain executive team began investigating the rising costs and supply chain performance issues, they found that service was indeed falling short of expectations.