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Packaging Manufacturer Uses Integrator to Generate $4 million in MRO Savings

Synovos

In one case, a long-time packaging manufacturer changed its reporting structure, putting in place a new manager responsible for the MRO supply chain. It is our responsibility to know their business inherently and introduce new savings opportunities and continuous improvements to continue driving those savings.

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E-Commerce Continues to Add Focus on Omnichannel Supply Chain Strategies: Projections for 2018 Demand Continuous Improvement

GlobalTranz

The easiest way to move toward an omnichannel strategy lies in following these tips: Re-evaluate inventory-optimization techniques and systems. Consider new ways to reduce shipping costs and risk, such as the new packaging suspension service Amazon is using, reports the Sustainable Packaging Coalition.

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Warehouse Inventory Management: Processes & Best Practices

Unleashed

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy. What is warehouse inventory management?

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Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

GlobalTranz

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. Controlling Inventory Flow Begins With Liquidate Nonessential Products. Implement Continuous Review Systems for Reordering. Implement Vendor Compliance Programs.

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Inventory Carrying Cost: Formula, Definition & How to Calculate

Unleashed

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. This number can then be used as a benchmark for continual improvement, supporting sustainable business growth.

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5 Reasons to Leave Your 3PL with Shane Hanson

The Logistics of Logistics

Shane is Founder and CEO of Square1 Distribution & Logistics , a 3PL Warehouse that focuses on the Beauty and Packaged Food sectors. He is the Founder and CEO of Square1 Distribution & Logistics, a 3PL Warehouse that focuses on the Beauty and Packaged Food sectors. He is also a US Army veteran.

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Does Perfect Customer Service Make Sense?

Logistics Viewpoints

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Ipsen also need to reduce their lead times.