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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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Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. Lead by innovation. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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

Unleashed

More satisfied workers can lead to greater business innovation and agility. Lean Six Sigma Six Sigma is a set of methodologies first devised by Motorola in the 1980s, designed to improve the quality of Motorola’s products to the point where defects were so rare as to be statistically insignificant.

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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. Source: [link]. For instance, if the customer and employee feedback show that product quality issues are prevalent, Lean Six Sigma has to be improved. Locating lost inventory wastes and an enormous number of man-hours.

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7 Reasons Why You Should Reduce Inventory

SCMDOJO

Try thinking of it this way, if you plan to make big profits, you would need to invest and diversify your portfolio into several sources to improve your chance of success. This reduces the chances of lost sales and the associated costs of rush orders or expedited shipping. But when should you consider reducing inventory?

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Analytics Leaders Discuss the Internet of Things

CH Robinson Transportfolio

These innovative assets, built and driven by harnessing big data and predictive analytics, create consumer and business environments where “I Want What I Want When I Want It” (“IWWIWWIWI”) is not only justifiable, but increasingly the societal standard. Analytics Leaders Discuss the Internet of Thingsg.