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The Importance of a Strong Supply Chain and Logistics Strategy!

Supply Chain Game Changer

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

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Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

And they’ve had little to no time to recover from raw material and labor shortages, supplier and factory failures, transportation delays, and rising costs while encountering unpredictable demand. Since 2019, nearly 70% of supply chain leaders have been constantly responding to disruption. Developing Diverse, Resilient Sourcing Strateg ies.

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What is Dead Stock? Meaning, Strategies, & Examples

Unleashed

We’ll cover the definition then break down some effective dead stock analysis, dead stock liquidation, and dead stock accounting strategies. It can appear in the form of raw materials, in-progress inventory, or finished goods. Let’s dive in. In this guide to dead stock: What is dead stock?

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Gartner Event Encourages a ‘Rethink’ of Global Supply Chains

Exiger Perspectives

Article | Key Takeways Gartner Event Encourages a ‘Rethink’ of Global Supply Chains Article | Key Takeways May 15, 2024 The annual Gartner Supply Chain Symposium/Xpo is always a great meeting of minds, and this year’s theme, “Rethink Supply Chain,” is an important one.

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Thoughts. Selecting Supply Chain Software

Supply Chain Shaman

So, I rolled my savings out of my 401K to build a community to enable business user feedback and reviews. Technology vendors speak techno geek, and I struggle to name any consultant familiar enough with today’s market to give an objective opinion. With this understanding go to conferences and events. The reason?

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Procurement Strategy. How to Get it Right? [Guide + Template]

Precoro

A procurement team, if perceived as a partner rather than an executor by internal stakeholders when defining and executing the company's business strategy, proves to deliver. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte. What is a procurement strategy ?

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Cement Logistics Planning: 3 Top Strategies To Avoid Stockouts With AI

ThroughPut

To build these megacities, rapid mobilization of building materials across the construction industry will create an exponential demand for high-grade cement. It is, therefore, imperative to cut down wastage in terms of both cost and resources by better organizing logistics in the supply chain. . Loss of Vendor Channels.