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Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

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Elevating Procurement Excellence: Key Strategies to Optimize Procurement Processes

Procurement Academy

Your business needs a broader vision to address sustainability, deliver on risk management and resilience challenges, nurture buyer and supplier relationships, as well as meet procurement excellence. The disadvantage of this sourcing strategy is risk concentration.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

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The Future of Distribution!

Supply Chain Game Changer

The Future of Distribution article and permission to publish here provided by Jake Rheude. The eCommerce distribution system is never static, as new technologies cause fundamental changes in how distribution works. The future of distribution is changing more quickly every year. Distribution Yesterday and Today.

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Achieving Healthcare Transformation, Powered by Supply Chain

ivalua

Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. The Path to Supply Chain Excellence.

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

The issues are largely rooted in politics and the lack of clarity on supply chain excellence. For LKQ Europe , as shown in Figure 1, testing on brake pad distribution showed that the bullwhip effect was 48% between channel demand and the customer order. The distribution models were never tested when implemented. The reason?

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How Country of Origin Shapes Global Trade and Compliance

Bristlecone

The World Trade Organization (WTO) defines these rules as “the criteria needed to determine the national source of a product.” This allows for the use of materials from various sources throughout the production cycle. An example of excellent brand perception is Patagonia. It may also be affected by societal or cultural norms.