Supply Chain: Lowering Your Total Cost of Business
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Reverse Logistics and Sustainability: Reducing Waste in the Supply Chain
Reverse logistics, or aftermarket logistics, describes an integral part of supply chain operations where materials and products must return to their point of origin for proper disposal or value recapturing.…
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Breaking Down Warehouse Operating Costs
Warehouse operating costs constitute an unavoidable component of supply chain expenses that impact a company’s bottom line. Since these costs differ from company to company, there is no universal formula…
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Supply Chain Cost Reduction Challenges
Operations managers routinely look for opportunities to scale up in order to address supply chain cost reduction challenges. Scaling can allow managers to take advantage of lower rates and increased…
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How to Lower Freight Costs
In response to pandemic uncertainty, logistics managers are closely examining how to lower freight costs by increasing efficiency, reducing waste, minimizing risks, and spending smarter. While the pandemic’s long-term impact…
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How Strong Are Wood Pallets?
Wood—a fundamental component of nearly every early American industry—has been essential to modern shipping and logistics for decades in the form of wood pallets. But just as the homebuilding and…
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5 Hidden Costs in Your Supply Chain
Cost reduction is always a challenge in a supply chain. Every step in the supply chain—from sourcing and manufacturing, to warehousing, logistics, and transport—incurs additional costs that businesses try to…
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4 Ways to Improve Your Supply Chain Transportation Efficiency
In transportation logistics, every mile and every minute matters. Slowdowns and inefficiencies compound. While some supply chain operating costs cannot be significantly reduced, transportation logistics offers opportunities to trim unnecessary…
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How to Improve Energy Efficiency in the Supply Chain
ARTICLE UPDATED ON JULY 27, 2023 During his remarkable conquests, Alexander the Great reportedly shared a remark regarding the individuals responsible for ensuring the smooth functioning of his supply chain.…
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Warehouse Space Optimization Techniques: Saving Space in the Warehouse
One of the things that stands out in warehouse work is that when a warehouse nears maximum capacity, every operation takes a lot longer. Often, it becomes necessary to shift…
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3 Ways to Improve Supply Chain Efficiency
Supply chain efficiency plays a crucial role in determining a company’s total cost of business (TCOB) as well as customer satisfaction. For industries handling perishable products such as the grocery…