Inventory Manufacturing Procurement Strategy Texas 
GlobalTranz
SEPTEMBER 22, 2016
The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?
Logistics Viewpoints
JANUARY 26, 2021
While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts.
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Logistics Viewpoints
MAY 22, 2023
A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. At the same time, another company might have twenty suppliers with similar pricing strategies, who supply the same raw material.
Logistics Viewpoints
FEBRUARY 8, 2022
As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever. While driving a projected $14.1
Turvo
MARCH 1, 2022
Although there has been significant debate about how GSC management might help businesses create competitive advantages, the right distribution strategy has received less attention. Here, we describe how including a Collaborative TMS in your GSC and distribution strategy can help gain a competitive advantage for your business.
Logistics Viewpoints
FEBRUARY 20, 2024
That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. For example, Colorado should be serviced by the plant in Texas in certain months and by the California plant during others.
Unleashed
FEBRUARY 21, 2024
It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. One paper from the University of Texas at Arlington suggests that lenience may yield better results than strictness.
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