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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Seen optimistically, this challenging trade environment is a catalyst for a slew of innovative measures and creative tactics to mitigate tariff costs – although one could argue that supply chain optimization from a cost and performance perspective is something that firms should already be doing on an ongoing basis. This practice is illegal.

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25 Lean Manufacturing Tools – 5S, Six Sigma & Beyond

Unleashed

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

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Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! The Covid19 global pandemic has cruelly exposed the utter dependence of the US and the world on China’s mass manufacturing capability and supply of critical medical equipment and materials. If any part of manufacturing is to move back to the U.S., Future U.S.-

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Continuous Warehouse Optimization and The DC Technology Gap

Logistics Viewpoints

Amazon and other ecommerce innovators have been the leading agents of disruption. Any company shipping physical products today – whether to consumers or to other businesses – needs to meet higher service expectations, including faster order turnaround in the DC. The Transformation Imperative.

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Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

GlobalTranz

Carrying slow-moving inventory or shipping damaged/incorrect product hurts customer relationships. Purchasing can place the order and negotiate prices; Production Planning can release these items based on the latest Material Requirements Planning (MRP) report. Source: [link]. Product quality is essential to retain customers.

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Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. The company has strategically invested in automated distribution centers, streamlining the flow of products from manufacturers to stores.

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Preparing for the Future of Supply Chains

Talking Logistics

Every day, innovations that weren’t even conceivable a decade ago are used without a second thought. Prepare for Major Changes in Manufacturing and Warehousing. Blockchain technology behind cryptocurrencies like Bitcoin may also be used to verify identity in purchases and sales. Evaluate your current shipment processes.