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What is Supply Chain Management? Importance & Benefits

QAD

Supply chain management (SCM) is essential to any business strategy. Used to cut costs and maximize efficiency, supply chain trends cater to every business. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Inventory control is key to reducing the need for fixed assets.

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Logistics Strategy Focused on Partnership Proves More Effective

Zipline Logistics

Some the country’s biggest CPG brands are leaving the old strategy of transactional shipping behind in favor of strategic logistics partnerships. Why a Strategic Partnership and a 3PL-Enabled Logistics Strategy? All successful organizations want to improve supply chain performance while cutting costs. How do we know this?

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Your Guide to Understanding & Minimizing Inventory Costs (with Formula)

RFgen

Even the initial purchase of inventory triggers a cascade of additional expenses, like shipping, handling, taxes, and so on. Some fees are more obvious, like shipping charges. Recognizing and understanding these costs can help you improve inventory management and reduce overhead. All of these factors help reduce carrying costs.

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How Can You Protect Your Organization from Demand Constraints? 

Logility

The resulting fluctuation in demand is amplified for vendors upstream in the supply chain in a phenomenon called the bullwhip effect. Current volatility takes its toll, creating excess inventory, which creates a financial risk, leading to waste in many industries, particularly food and beverage, and fashion and apparel.

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The Top 10 Supply Chain Management Challenges for 2023 & Beyond: An In-Depth Look

RFgen

In this article, we will explore the top 10 supply chain management challenges for 2023 and beyond, providing insights and strategies for overcoming these obstacles. Monitor economic trends and develop strategies to mitigate the potential negative effects on your operations. 3PL specialized in storing and shipping products.

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The Magic of the Coca-Cola Supply Chain & What Companies Can Learn

RFgen

The Coca-Cola supply chain can be a role model for how beverage manufacturers can improve efficiency. With 48% of global market share and two of the world’s top three beverages, it’s no secret that Coca-Cola is a successful brand. The Coca-Cola distribution strategy puts its focus on local opportunities. Manufacturer.

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The Green Corridor – Optimal Tech for Green Logistics – Making Emissions Visible

The Logistics & Supply Chain Management Society

DISTRIBUTION AND BEYOND – I also met with Anders Nordahl, COO of Mixmove/Orkestra , recently to share a cold beverage. In one case the fuel and emissions per kilogram shipped was actually halved for a customer! Siemens and other digital system vendors are also adding emission visibility features to their products.