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

The Logistics & Supply Chain Management Society

Product strategies. Operational strategies. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Supplier strategies. Business model strategies. Reclassification.

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

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Warehouse Cost Savings: 5 Key Areas of Focus and 13 Practical Objectives

GlobalTranz

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. Revise your labor scheduling strategy.

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6 Supply Chain Tools Which Will Save You 30 Hours

SCMDOJO

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. In this article, we will explore six of such supply chain tools that will revolutionize your workflow, ultimately saving you up to 30 hours of valuable time!

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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Who is it for?: Our Rating: 4.9

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The Evolution of Asset Management: Humans, Inventory and the Rise of AI

The Logistics & Supply Chain Management Society

Optimize Warehouse Systems : Maximizing warehouse efficiency and space utilization minimizes the risk associated with space constraints and enhances overall operational effectiveness. An efficiently managed warehouse is pivotal in maintaining a resilient supply chain.

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration.