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What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

It can also mean “which companies make my stuff,” tracing parts or components all the way back through multiple tiers of suppliers back to raw materials. And the linked nature of supply chains mean that collaboration is necessary to ensure that a solution to a problem doesn’t meet the metrics for one link but negatively impact another.

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Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

Malcolm McLean, a trucker from North Carolina, was tired of waiting. Trade-offs are inherent in supply chains, so companies that address them better gain significant competitive advantage. Supply chain optimization has also improved in significant ways that can address these trade-offs better than before. Now that’s an ROI!

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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

As MIT professor Yossi Sheffi has argued , less inventory in the system makes a company more flexible, actually building resilience. When the pandemic triggered rampant shortages, companies mitigated information latency and uncertainty with inventory – building up stock “just-in-case.”. A change to one link (e.g. on-time delivery).

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. For example, are you still a minority owned company?

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How to Package and Price Embedded Analytics

Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.

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The SCRC’s Contribution to the WSJ’s Best Managed Companies

NC State SCRC

Once again, the Drucker Institute has put together a list of the “Top 250 Best Managed Companies” , which was highlighted in the Wall Street Journal. For the record, the list of our “Top 10” companies in the supply management innovation category are as follows: 1. Microsoft. Alphabet Inc. Dell Technologies.

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Why 3PL outsourcing for warehousing operations makes sense

Kanban Logistics

For larger companies with predictable sales volumes, there is also dedicated warehousing. Reduced risk: Outsourcing warehousing services can help companies reduce their risk in a number of ways. While not every company that has a CIP will be ISO-9001-certified, every ISO-9001-certified company will have a CIP.