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Responding to the 2023 IMO GHG Strategy

The Logistics & Supply Chain Management Society

Responding to the 2023 IMO GHG Strategy by Wolfgang Lehmacher, Mikael Lind and Robert Ward Illustration: Sandra Haraldson, RISE 7 July 2023 marked a historic day for the shipping sector when the International Maritime Organization (IMO) adopted its 2023 IMO Strategy on Reduction of GHG Emissions from Ships (2023 Strategy).

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The Definitive Guide to Cost Savings

Precoro

Cost savings help a business to stay competitive in the market, boost cash flow, and improve the bottomline. However, achieving significant cost savings is not always easy — it requires a comprehensive approach that involves more than just cutting expenses. Companies can cut costs in various ways.

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

The Logistics & Supply Chain Management Society

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Product strategies. without being subject to tariffs.

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Optimize Material Flow in Medical Device Manufacturing

DELMIA Quintiq

This seamless workflow, known as ‘material synchronization,’ enables companies to optimize inbound and outbound material flows. Closely aligning manufacturing operations with warehouse processes facilitates the coordination of production orders and the manufacturing bill of materials (MBOM) with inventory management.

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How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier.

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Editor’s Choice: Breaking Down Silos in Material and Transportation Planning

Logistics Viewpoints

Today’s article comes from Greca Manuzzi, Senior Expert Product Marketing at Kinaxis, and explores breaking down silos in material and transportation planning. How can businesses ensure they remain competitive in such a market while facing constant pressure to improve efficiency, reduce lead times and cut costs? What is load building?

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16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.?

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The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment

From new pricing strategies and material substitutability to alternative suppliers and stockpiling, a new GEP-commissioned Economist Impact report reveals that enterprises are adopting a variety of approaches underpinned by data and technology.

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Digital Transformation: Why You Can’t Afford to Wait

Even global manufacturers –– companies across industrial, automotive, chemical, and energy industries –– are scrambling to mitigate the impacts of labor, material and energy shortages, delays, inflation, and unexpected events. It’s not just small and medium-size businesses that are caught off guard.