The COVID-19 pandemic has shown the shortcomings of a supply chain that is perhaps too lean. However, to be “lean” doesn’t mean keeping extremely low inventory levels with no coordination or backup plan.
It’s worthwhile to consider the push/pull boundaries already in place at your company and where they should be to best serve your customers–and shareholders–in the future.
With a pull instead of a push replenishment strategy, golf ball maker Acushnet increased supply chain efficiency.
As product demand continues to rise, companies in all industries are partnering with third-party logistics (3PL) providers to ensure their products are delivered to customers on time and cost effectively.
If your company’s supply chain isn’t aligned with your overall business competitive strategy, then performance may fall short of expectations, with higher costs, poor execution, and reduced revenue and profits.
Whether to help the environment or just to cut costs, companies are making lean and green changes with a major impact.
These supply chain, logistics, and transportation companies lead the way in supporting sustainability.
Intelligent transportation technology provides new sources of competitive advantage through complete supply chain visibility.
Nutrabolt’s rapid growth created several logistics challenges, including processing orders efficiently and quickly; absorbing dramatic swings in order volumes to support promotional campaigns; and providing omni-channel fulfillment through a single warehouse. A third-party logistics partnership with Kane Is Able helped Nutrabolt meet these challenges.
Visibility, collaboration and communication are the keys to improve demand timing and accuracy to minimize the impacts of the pandemic and other local and global events.
Companies are looking for ways to manage more efficiently with less—while reallocating resources to more productive activities and maximizing freight spend value. Logistics operations are a great place to start as even the smallest percentage savings could mean triple digit impact to bottom lines.
This article defines strategic sourcing and how to implement it.
Having a global supply chain risk management strategy in place can not only increase value to your customers but also reduce your costs and increase performance.
The rules that keep goods moving across borders are only going to get more complex. Staying compliant, let alone keeping track and making sense of scores of countries’ customs and compliance rules, international trade agreements, and a host of new pacts that will soon be coming online is a daunting task.
It is possible to anticipate and plan for future omnichannel retail challenges by following these four rules.
Automation and intelligence will be key tools in developing supply chain resilience. Companies can start by implementing these three key enablers.
It can be easy to ignore the efficiency of administrative activities in the supply chain but office activities can constitute approximately 50 percent of the order to shipment lead time. Here’s how to apply lean tools to your office.
Developing greener and more sustainable supply chains reduces the legal, financial, and reputational risks to which most companies are exposed, and has a positive impact on the bottom line.