Remove Exercises Remove Inventory Remove Metrics Remove Transportation
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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions. A 4PL is a company that plans and executes transportation on behalf of their customers. The company chose 4Flow to do transportation planning and execution in Europe.

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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

It serves as the compass guiding shippers toward efficient, economical, and dependable cargo transport. By crafting a well-defined strategy, businesses can mitigate transportation costs, mitigate supply chain disruptions, and uphold customer satisfaction. At the heart of it all, an effective procurement strategy remains paramount.

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5 Recommendations towards a Resilient S&OP

Logistics Viewpoints

nodes), flows of the products between origin-destination pairs, and policies (inventory, replenishment, asset utilization etc) with no clear accountability on how the recommendations make their way into planning and execution. Strategic placement of inventory buffers to ensure sufficient ability to absorb shocks.

S&OP 244
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Building a Business Case for Improved Demand Forecasting

ToolsGroup

Gartner says that you shouldn’t just pitch forecast accuracy to your executive management, but translate your plan into business metrics. You must be able to make a direct link between the forecasting accuracy improvement and customer service, cost, efficiency, inventory, cash flow or capability improvements,” says Gartner.

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3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

If you’ve never done a benchmarking exercise before, read on. What would be the key number, or metric that you would need to know? This exercise would involve you measuring particular functions or aspects of your business and comparing that against other parts of your business. The Benefits of Benchmarking. Formal Benchmarking.

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6 Benefits of Applying Useable Data in Logistics For Continuous Improvement

GlobalTranz

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. 6 Benefits of Using the Right Data in Logistics & Transportation Management for Continuous Improvement. Metrics and KPIs.

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4 Top Strategies to Enable Efficient Shelf Replenishment

Locus

We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Exercising Cost Control: Lastly, shelf replenishment is all about managing costs efficiently. Pinpoint instances of stockouts and excess inventory.