’Tis the Season to Dodge Folly
Retailers, don’t get hung up on these potential peak season pitfalls and perils.
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MRO Inventory: Definition, Strategies, and Types
By comprehending the definition, types, and significance of MRO inventory, as well as implementing best practices in inventory management, businesses can optimize their supply chains and ensure smooth operations.
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Marcus Chung: Guiding a Sustainable Career
RESPONSIBILITIES: Ecommerce and retail operations, supply chain, sourcing, production, sustainability, and IT. EXPERIENCE: Vice president, manufacturing and supply chain, ThirdLove; director, sourcing, Stitch Fix; vice president, responsible sourcing, The Children’s Place; director, responsible sourcing, Talbots; director, sustainability, McKesson; senior manager, social responsibility strategy, Gap Inc.; consultant, CEB (now Gartner). EDUCATION: MBA, University of California, Berkeley; […]
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Strengthening the Port-Rail Connection
U.S. ports embrace rail connections through capital and technology investments designed to move cargo more efficiently and quickly.
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Distributed Inventory: Definition, Management Strategies, and Benefits
Distributed inventory is a strategy for storing goods across multiple locations rather than in a single central warehouse. This approach is important in commercial shipping and logistics because it helps companies align inventory with market demand and significantly cuts delivery times. By distributing inventory, businesses can achieve greater flexibility and responsiveness, enhancing overall supply chain […]
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Finished Goods Inventory: What It Is, Formula, and Examples
Finished goods inventory is a critical part of managing any manufacturing business. It refers to the final products ready for sale after the manufacturing process is complete. Efficiently managing this inventory helps companies meet customer demand, optimize stock levels, and avoid lost sales opportunities. Businesses that actively manage their finished goods inventory can reduce excess […]
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Bridging the Divide: How Connector Countries Can Shape the Future of Global Trade
In a world of geopolitical tensions and economic fragmentation, connector countries are essential bridges, ensuring the seamless flow of goods and fostering economic stability.
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Horizontal vs. Vertical Integration: Their Key Differences
Understanding the differences between horizontal and vertical integration is key to selecting the right strategy for your business. Each approach offers unique benefits and challenges, and the choice depends on your specific business goals, industry context, and resources.
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Temperature-Sensitive Mail Order Pharmaceuticals: How AI Offers a Solution to the Risk of Spoilage and Degradation
Any wrinkle in the supply chain can jeopardize the efficacy of certain pharmaceutical products. Maintaining the integrity of perishable pharmaceuticals, particularly those delivered via mail order, is a challenge that can be tackled with artificial intelligence.
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NOTED: Supply Chain Highlights
Intralogistics group Mecalux has equipped pet supplies provider Moderna Products’ plant in Belgium with an automated warehouse connected to production.
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Generix SOLOCHAIN WMS Offers Smooth Implementation Process and Efficiency Gains
Packaging company Emballages Carrousel implemented the Generix SOLOCHAIN Warehouse Management System (WMS) simultaneously in five distribution centers and gained immediate efficiencies.
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Inventory Management Techniques And Their Benefits
Each effective inventory management technique is crucial for helping a business maintain smooth operations and meet changing customer demands. By implementing inventory management strategies, companies can optimize their inventory management process, avoiding stockouts or overstocking.
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New ERP Smooths the Way for Skin Care Company
After an exhaustive review of its enterprise resource planning (ERP) system, E.T. Browne Drug Company, the maker of Palmer’s Cocoa Butter, understood it needed to upgrade. By recommitting to SYSPRO, its long-time ERP provider, E.T. Browne was able to leverage a scalable solution that has enabled the venerable skin care company to reduce inventory and grow profits.
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10 Tips for Strengthening Supplier Relationships
The supply chain is a business built on relationships. The stronger your relationships, the stronger your business. Here’s how to create ties that bind.
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AI Power Drives Supply Chain Gymnastics
If you’re reading Inbound Logistics, you already drank the supply chain Kool-Aid. But many others in our audience are tasting the inbound logistics brew for the first time. “Inbound logistics makes sense,” they say as they sip. “But it’s a lot more complicated than just letting my vendors and logistics partners control my inbound flow. I just don’t think I can handle that.” It tastes great, […]
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How Procurement Can Prepare for the Inevitable, Sustainable Future
To meet sustainability initiatives, chief procurement officers must untangle a complex web of global supply chains, dizzying individual country standards, and more. Here are the four major challenges and how they can tackle them:
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9 Types of Containerized Cargo Compared and Explained
In commercial shipping and logistics, containerized cargo plays a pivotal role in facilitating the efficient transportation of goods across international borders. This method of shipping has revolutionized the industry by providing a standardized way to handle various types of cargo, making it easier to load, transport, and unload goods quickly and safely. As global trade […]
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Pipeline Inventory: How To Manage It and Why It’s Important
Pipeline inventory plays a crucial role in the smooth operation of businesses across various industries. Simply put, it refers to the goods that are in transit between the manufacturer, distributor, or retailer and are not yet available for sale. Properly managing this type of inventory is essential for maintaining efficient supply chains, reducing costs, and […]
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Solving the Southeast Asia Logistics Puzzle
Southeast Asia is growing as a driving force in global trade. Its logistics sector has faced several stress tests in recent years. Here’s one factor that can make a difference.
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Horizontal Integration: Definition, Examples and Strategy
Understanding the nuances, potential drawbacks, and potential benefits of horizontal integration versus other growth strategies, like vertical integration, will enable you to make decisions that align with your company’s needs and aspirations.
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