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The Age of Agility: Building Resilience in the Supply Chain

The Logistics & Supply Chain Management Society

However, measures such as alternative factories, dual sourcing and more generous safety stocks go against the well-versed philosophy of lean supply chains that has prevailed in recent decades,” he says. Multi-Sourcing. Another crucial software system is the transport management system (TMS). Inventory and Capacity Buffers.

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3 Ways to Drive Sustainability in Transportation

BlueYonder

Transportation is one of the biggest contributing factors to the world’s greenhouse gas emissions, and virtually every country is now mandating stricter regulations to reduce their carbon footprint and mitigate the effects of climate change. A transportation management system (TMS) could actually help the bottom line and the environment!

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Complex costs of transportation

Supply Chain Movement

To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. By consolidating at the source, several shipments can be combined into one, thereby reducing the number of shipments even before the shipments arrive at the Logistics Service Provider (LSP).

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A Chat with Katie Kinraid

The Logistics & Supply Chain Management Society

Such information is a critical component of client communications in situations of delays/disruptions. Reducing reliance on different modes of transport or a single source location, while diversifying collaborative relationships within the market is key defensive strategy. We know what needs to be done & should take action.

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Inventory Management Strategies of 7 Successful Firms

Unleashed

Flat-packing : Ikea famously flat-packs goods where possible, which means better portability for customers, and also lower transport and holding costs for their business. Dell provides an internal website to communicate with its suppliers, giving them real-time data on stock in the supply chain, and key information about demand.

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Sustainability Certifications for SMEs: The Best Programmes

Unleashed

Making a product sustainable – ensuring the product is efficient – means choosing energy-efficient manufacturers and manufacturing methods, decreasing water usage and chemical inputs, and by using renewable, non-polluting energy sources. Buy any new appliance nowadays and it is likely to have the Energy Star logo.

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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.