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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Now of course, companies must map out the potential impacts of the Russia Ukraine war. Oil prices jumped, with Brent rising above $105 a barrel for the first time since 2014, after Russia’s attack on Ukraine exacerbated concerns about disruptions to global energy supply. This week’s news will all center on this war.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

Under a VMI system the supplier, usually a manufacturer, is responsible for optimising the level of inventory held by the distributor. Instead, it sends the order directly to a manufacturer or another type of supplier, who then transports the order directly to the customer. Learn more: Better Dropshipping with Inventory Management 5.

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Supply Chain’s Next Decade of Dealing With the Unknown

MIT Supply Chain

The inaugural post appeared on March 4, 2014, and was about the rising status of the supply chain profession. Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023. Decisive phase But some of the 2014 challenges we still witness today have become more urgent. billion).

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How to implement a supply chain management system

Unleashed

Supply chain management systems are tools that integrate every element of a company’s supply chain to help it become more efficient, effective, and profitable. This is done either with on-premise software, through the cloud, or using a hybrid of both. . This is why a good SCM tool is so important. Orchestrate.

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Writing: Working on My Book

Supply Chain Shaman

The manuscript is due to Wiley on March 1st for an August 2014 publish date. I need it for my conference on September 10th-11th, 2014. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. I am behind. The heat is on.

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Has Bitcoin Altered the Construction Industry!

Supply Chain Game Changer

Purchasing items for projects has always been difficult because of high administration costs and risks associated with both the buyer and seller. For instance, Biais and Durand explained how developers could purchase materials directly from manufacturers using cryptocurrencies through platforms without high fees or unnecessary risk.

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Do No Harm…

Supply Chain Shaman

Over the course of the last year, I have written about this extensively. Recently, I spoke to a major European retailer that lost 5% of their grocery revenues to Amazon in the first quarter of 2014. I sometimes wonder if I should create a new class of technologies for the network design tools because they have changed so much.)