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Logistics Service Providers (LSP): 3PL vs 4PL vs 5PL

SCMDOJO

In this effort, Logistics Service Providers (LSPs) are essential because they provide a variety of supply chain management solutions that simplify warehouse operations, order processing, and transportation. LSPs generally endow tremendous inventory management and warehousing solutions, conveyance of orders and international logistics.

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Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

While Lean focuses on eliminating waste and optimizing processes to achieve seamless workflow, Six Sigma targets reducing variation and improving quality through data-driven analysis and statistical tools. – Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.).

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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner. 4 Tips for stock-keeping companies during an economic downturn 1.

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Economic uncertainty ahead: 7 things you can do to prepare for a recession

Procurify

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Recession planning involves cutting costs, optimizing cash flow, inventory management and foolproofing operations.

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S&OP, a vision for the future. The expert interview series #7

Supply Chain Trend

To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders. Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. Being early in my supply chain career, I thought this should not be too bad to do.

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Will the New Tax Bill Bring Overseas Profits Back Home?

Supply Chain Brain

Van Gundy believes the corporate landscape is different from what it was in the early 2000s and during the Great Recession of 2007-2008. Where in the past they might have focused primarily on days payable outstanding (DPO) as a financial metric, they’re now giving equal attention to days sales outstanding (DSO) and inventory levels.

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Does the Dr. Epstein Post represent the long-awaited hope that we have finally moved away from equation-based modeling?

Procurement Insights

For anyone following this blog since its first post in May 2007, this will sound like a “broken record” – the key to successful digital transformation is to use an agent-based versus equation-based model. of the time.” ” Are Reverse Auctions Good or Bad? ” What Does This Have To Do With Orchestration?