Every cost reduction must, however, be evaluated in terms of local and overall impact. Here are 6 ways to reduce Supply Chain costs without impacting customer service: Related articles on this topic have appeared throughout our website, check them...
The concept of cost to serve is very simple but I am always amazed at how few businesses and supply chain managers really understand it. Let’s start with an uncomplicated example: Company A is in the business of distributing whiteboard markers. Among...
Suppose you want to fix up your supply chain business and make the whole thing more efficient. What do you think you need to work on specifically? Watch the video below as we take you to the 5 Areas of Supply Chain—that if you focus on, you would likely get the...