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Why the Supply Chain Matters to Business Success

Logistics Bureau

In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success.

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The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

GlobalTranz

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. No Purchase Orders were used.

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Why Have We Not Reduced Inventory?

Supply Chain Shaman

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

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The End of a Fairy Tale. Part 2.

Supply Chain Shaman

It was a story where people believed that functional excellence leads to supply chain superiority. I strongly feel that a blind focus on functional excellence will cause the supply chain to become out of balance. One that is going to eat you up! In part one of this blog series, I started the saga of the supply chain fairy tale.

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Experts Choice Of Top Online Logistics Resources

Freightos

Part of Peerless Media’s impressive stable of industry magazines, including Supply Chain Management Review, Modern Materials Handling and Material Handling Product News. Likely the most well-known trade magazine, it provides data-rich material relevant across the supply chain. Logistics Management. LogisticsMgmt. ILMagazine.

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Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

but when demand slowed, the pressure to reduce inventory becomes a lot higher. Supply chain visibility provides the ability to view and track inventory in real-time or near real-time across all modes from raw materials to finished goods at the customers door. 2022 ocean schedule reliability dropped to 30%.

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. LogiSYM Supply Chain Magazine – April 2022.