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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. The Emergence of Logistics as Constraint.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. You can successfully traverse the complexities of procurement processes with the knowledge, abilities, and tactics you gain during procurement training.

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Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

The pandemic taught consumers that the most convenient and safest way to “get that thing” is to order it online and have it delivered, increasing not only the demand for qualified drivers but also the cost to hire. An impressive case study to be sure, but alas, the cost of the technology is still prohibitive for most companies.

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Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market. The company has strategically invested in automated distribution centers, streamlining the flow of products from manufacturers to stores.

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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. Frame contracts outline terms such as pricing, delivery schedules, and minimum order quantities, providing both parties with clarity and consistency in transactions.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.? It also avoids the need to dip into safety stock.