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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. From natural disasters to geopolitical tensions and the ongoing COVID-19 pandemic, supply chains have been significantly impacted.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. My question is, “Why?” Background. Growth requires cash.

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Managing a Third Party Logistics Partnership

The Logistics of Logistics

Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. He is a guest speaker at the Purchasing Management Association and the University of Wisconsin-Madison. He also writes for THE GOOD WORD, LinkedIn and other Supply Chain Blogs.

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COVID-19: Bullwhip in Cheese Demand

Operations and Supply Chain Management

Revenues and profit at the delivery giant rose by double digits in the third quarter amid the pandemic-driven rush of online orders, the WSJ’s Paul Ziobro reports, but UPS’s main domestic business posted a sharp decline in profit on the higher costs of delivering all those boxes to homes. Forwarded this email by a friend? Sign Up Here.

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The Way to Real Time Supply Chain

The Logistics of Logistics

A new Bloomberg Business Week Research Services survey and report makes it clear that innovative supply chain tools are widely acknowledged to be crucial to meeting corporate goals now and in the future as supply chains grow more complex, customers become more demanding and globalization accelerates. 5 Steps to a Real Time Supply Chain.

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Service Level Agreement Defined

The Logistics of Logistics

Inventory Record Accuracy via Cycle Counting and Root Cause analysis. Cost Reduction agreements over time. Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. Turnaround time. Continuous Improvement Initiatives. Voice of the Customer (VOC) feedback.

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Fulfillment, Network Expansion, and the Implications on Inventory Management

FLEXE

In the best case scenario, your company has: Highly flexible production capabilities at a low and competitive cost. Customer demand that is predictable with manageable variability. Fulfillment centers that can cost-effectively meet short lead times to the end customers. So what does that mean for how you plan for inventory?