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Strategy. Strategy. Wherefore Art Thou Strategy?

Supply Chain Shaman

In contrast, those who outperformed were better at strategy and aligned with outcomes. Instead, the starting point, as shown in Figure 1, should start with a clear understanding of business strategy. The operating strategy–a major part of the supply chain strategy–flows from the business strategy.

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4 Practical Ways To Reduce Freight Costs in Logistics

4WL Consulting

An interesting fact to start us offdid you know that transportation costs account for about 50% of total logistics costs ? It’s a significant chunk of change, making the task to reduce freight costs an absolute priority for any logistics and supply chain management firm.

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Responding to the 2023 IMO GHG Strategy

The Logistics & Supply Chain Management Society

Responding to the 2023 IMO GHG Strategy by Wolfgang Lehmacher, Mikael Lind and Robert Ward Illustration: Sandra Haraldson, RISE 7 July 2023 marked a historic day for the shipping sector when the International Maritime Organization (IMO) adopted its 2023 IMO Strategy on Reduction of GHG Emissions from Ships (2023 Strategy).

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Reducing Cost Per Delivery: and Interview with FarEye

Logistics Viewpoints

First, what are some things companies can do to reduce delivery costs and how does technology play a role? Third, how can both retailers and logistics providers better cooperate to provide enhanced service and reduced costs? Reducing Cost per Delivery Reducing cost per delivery is a critical KPI for companies.

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The Digital Levers You Need to Achieve Sustainable Cost Reduction

For supply chain and procurement pros, cost reduction is a top priority today. This timely new paper from GEP explores powerful and effective digital levers that can help you to slash costs and create more value for the business. Read it now.

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The Definitive Guide to Cost Savings

Precoro

To prepare for possible disruptions and to stay cost-efficient in general, companies should be conscious about their spending at all times, and should avoid paying for the things that don’t contribute to business profitability. Cost savings help a business to stay competitive in the market, boost cash flow, and improve the bottomline.

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Reducing the Impact of High Fuel Costs Goes Beyond the Transportation Department

Logistics Viewpoints

The rise in fuel costs, especially diesel, is significantly impacting the bottom line of many B2B companies such as distributors and wholesalers. Instead, transportation and logistics organizations need to make fuel cost mitigation a company-wide effort. How customers are served is big driver of fuel costs.

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Rethinking Supply Chains for Greater Efficiency, Resiliency, and Sustainability

Supply Chains have 3 key priorities: building resiliency, reducing costs and driving ESG performance. Read the new GEP-sponsored report by Harvard Business Review Analytic Services for strategies and digital solutions to achieve these goals.

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The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment

From new pricing strategies and material substitutability to alternative suppliers and stockpiling, a new GEP-commissioned Economist Impact report reveals that enterprises are adopting a variety of approaches underpinned by data and technology.

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Best Practices for Accelerating the Sales Process

More often than not, sales leaders strive to accelerate their deal cycle, but it’s critical to also consider the opportunity cost. This eBook takes a look at three headache-free strategies you can employ today to accelerate selling the right way. Efficient outreach strategy. What's covered: Targeted prospecting.

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A Proven Guide to Recruiting Passive Candidates

At some point in your role as a recruiter - perhaps more frequently than not - you'll need to fill a position quickly and you'll look for active recruitment strategies to do it. However, it's not efficient or cost-effective to be in the active recruitment mode all the time.

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Digital Transformation: Why You Can’t Afford to Wait

All technology strategies must address short-term concerns, but should also empower companies to build agility, resiliency, and better sensing so they can respond more quickly today, and even preempt disruptions tomorrow. This playbook offers manufacturers a realistic and viable guide to balancing immediate needs with future-focused strategy.

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Leverage SAP IBP to Drive Planning Transformation

And to reduce costs, improve visibility and insight, and advance digitalization to gain competitive advantage. Today, traditional SAP Integrated Business Planning (IBP) deployments are not enough. You need to assure you are leveraging its maximum potential to truly transform planning. How do you get there?

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Webinar On-Demand: 3 Ways to Make Your Operational Execution More Robust With S&OE

Speaker: Sander van Lokven and N.S. Krishnan

This keeps the supply chain out of firefighting mode, smoothens relationships with customers and suppliers, and helps sustain margins by reducing the cost to serve. S&OE provides an early warning system that helps business stakeholders sense and optimize their responses. How S&OE is different from S&OP & the gap that exists.

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Implementing Supply Chain Network Design

Companies want to maximize service levels, but they also want to cut costs. These goals are often at odds with one another. How do you find the optimum balance? That’s what Supply Chain Network Design is all about. Traditionally, supply chain network design has been done on a one-off or project basis.