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Demystifying MRO Inventory Optimization

Synovos

Ensuring that you have what you need available when required helps eliminate excess stock and reduce inventory carrying costs. By using data to make decisions and develop strategies about how much is the right amount of inventory for your organization. How do you achieve this?

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Real-time Capacity Matching: Making Brokers More Efficient

Talking Logistics

The real-time freight visibility space was particularly hot in 2017, with two major acquisitions announced last year, including Descartes’s acquisition of MacroPoint in August 2017. is what drove the first wave of demand for real-time freight visibility solutions. Think about the amount of headcount required to make those calls.

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Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

Overhead refers to the ongoing business expenses not directly attributed to creating a product or service. The company has 11 production facilities across North America and China. Conclusion McKinsey research shows that mature IBP processes can significantly improve coordination and reduce the number of surprises.

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The Endless Complexities of the Ocean side of Supply Chains

SCMDOJO

Fast moving forward into 2022 ongoing widespread congestions in ports, container shortages, and volatile shifts in demand for goods from Western economies causing freight rates to skyrocket ended up adding extreme pressure on the main cost drivers of the ocean side of the supply chains and beyond. Supply Chain KPI Dashboard.

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Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. Lastly, air freight has been increasing rapidly over the past decade - a trend I suspect will continue.

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23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line. A reduction in oceanic transportation would necessitate changes to distribution routes. billion, while transportation costs increased by 10.4% His current role as a Sr.

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Overcoming the 5 Supply Chain Barriers that Threaten the Growth of Renewable Energy

CH Robinson Transportfolio

Rising material costs and historically high freight rates can eat into the profitability of your renewable energy project. Now, ship capacity is scarce and exponentially more expensive because of the contraction of shipping lines and a global container shortage. That world—where you could plan week-to-week—is gone.