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Logistics Cost Reduction: 6 Focuses to Create More Profit

GlobalTranz

According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. An excellent Warehouse Management System (WMS) can help reduce costs by automating cycle counting, and maintaining location control. transportation fuel) at a reduced cost that comes with buying in greater quantities.

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Stories of Supply Chain Leadership: An Interview with Joan Motsinger of Seagate

Supply Chain Shaman

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. 2015 Supply Chains to Admire. As a goal, it is easier to say than to define.

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Throwback Thursday

Supply Chain Shaman

There is an inverse relationship between margin and supply chain excellence. This transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close in the first quarter of 2015. Zimmer’s strategic framework focuses on growth, operational excellence and prudent capital allocation.

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Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” An example of social listening is the Lenovo Case Study presented at the 2015 Supply Chain Insights Global Summit. It was an early morning. I cradled my cup of tea in my hand.

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Top Trends in Luxury Brands That Will Influence the Future of Your Supply Chain

DynaSys

For example, European consumers prefer to buy in their region (75%), then abroad (19%) or at the airport (6%). These statistics are similar for Asian consumers who represent the major consumer market with 62% buying luxury goods in Asia, 16% buying luxury goods at the airport, and 22% buying abroad.

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Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” This is in preparation for the 2015 Supply Chains to Admire Report. As a result, buyers should buy based on today’s functionality. These are my thoughts.

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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

Smaller companies have lean shipping departments and are often focused on moving product with little time and energy remaining to negotiate contracts and analyze freight spend. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door. It is still a people business.