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7 Ways to Reduce Manufacturing Costs Without Sacrificing Quality

OptiProERP

Saving on operational costs is one of the biggest goals for manufacturing companies. Most manufacturers look to streamline systems, reduce production costs, and increase profitability without sacrificing product quality. Understanding the Manufacturing Cost. How Can You Reduce Manufacturing Costs?

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The New Significance of a Logistics Strategy: Role, Success factors, and Integration

Logistics Viewpoints

Logistics strategy as an enabler of new business models. They promoted logistics to the level of core process and enabler of new business models and now view a thought-through logistics strategy as an opportunity to stand out by offering a better service level to their customers, such as same-day delivery. Automation as key for growth.

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How to Use Data to Fuel Your Retail Reverse Logistics Strategy

GlobalTranz

How often do you think about your retail reverse logistics strategy? Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.

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Eliminate Bottlenecks in Manufacturing with AI-Driven Supply Chain Analytics

ThroughPut

If so, you can’t overlook the critical question of how to eliminate bottlenecks in manufacturing. In the world of manufacturing, bottlenecks are like those sneaky expenses that quietly chip away at your profits. Manufacturing and operations bottlenecks are more than just a financial headache.

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Reshoring – The Future of Supply Chains

Speaker: Rosemary Coates - Board Member & Founder at Reshoring Institute, Best-selling Author, Host of the Frictionless Supply Chain podcast

Companies can lower the risk of disruptions by shortening the supply chain and moving manufacturing close to the points of sale to reduce the need for expensive and time-consuming transportation. How to reduce risk. Re-shoring is one solution that is gaining popularity as a result of pandemic-related issues.

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Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Pivot Toward Internal Manufacturing Presence.

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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

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Mission Critical: Leveraging Learning Engineering to Drive Digital Transformation

Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum

Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Time is of the essence and digital dexterity is required. How can L&D step up to provide more value faster?