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- Inventory Accuracy Improves Performance on Logistics Metrics
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APQC’s research shows that maintaining inventory accuracy can do much more than just reduce inventory carrying cost and reduce stock outages.
Type: Benchmarks and Metrics Topics: Logistics, Supply Chain Management, Inventory Management, Inbound Material Flow, Outbound Transportation Processes: 4.0 Deliver Products and Services, 4.5 Manage logistics and warehousing, 4.5.1.6 Define key performance measures, 4.5.1 Define logistics strategy, 4.5.2.2 Manage inbound material flow, 4.5.2 Plan inbound material flow, 4.5.3 Operate warehousing, 4.5.4 Operate outbound transportation- Relevance: 83%
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- A Well-Designed Inventory Strategy Must Be Maintained
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APQC's Open Standards Benchmarking in logistics indicates that organizations are still trying to find the right balance between carrying enough inventory and minimizing inventory and storage costs.
Type: Articles and White Papers Topics: Supply Chain Planning, Supply Chain Management, Logistics, Inventory Management Processes: 4.0 Deliver Products and Services, 4.1.5 Plan distribution requirements, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.8.3 Calculate performance measures, 4.1.8 Assess distribution planning performance, 4.5 Manage logistics and warehousing, 4.5.1 Define logistics strategy, 4.5.3.2 Receive, inspect, and store inbound deliveries, 4.5.3 Operate warehousing, 4.5.3.5 Track inventory accuracy, 4.5.3.7 Manage physical finished goods inventory- Relevance: 73%
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- Big Changes Can Lead to Big Results
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The pharmaceuticals division of Reliance Industries had an inefficient physical distribution process that was resulting in financial losses.
Type: Articles and White Papers Topics: Process Reengineering, Business Excellence, Process, Shipping, Supply Chain Management, Logistics, Supply Chain Planning, Distribution, Order Management, Inventory Management, Process Improvement, Warehousing, Outbound Transportation Processes: 4.1.5.3 Determine finished goods inventory requirements at destination, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.5 Plan distribution requirements, 4.0 Deliver Products and Services, 4.1.5.8 Calculate destination dispatch plan, 4.1.1.3 Define outsourcing policies, 4.1.1 Develop production and materials strategies, 4.1.5.9 Manage dispatch plan attainment, 4.1.6.3 Establish transportation management constraints, 4.1.6 Establish distribution planning constraints, 4.1.7 Review distribution planning policies, 4.1.8.4 Identify performance trends, 4.1.8 Assess distribution planning performance, 4.4.3 Provide service to specific customers, 4.4 Deliver service to customer, 4.4.3.2 Dispatch resources, 4.4.3.3 Manage order fulfillment progress, 4.5.1.2 Design logistics network, 4.5 Manage logistics and warehousing, 4.5.1 Define logistics strategy, 4.5.3 Operate warehousing, 4.5.4 Operate outbound transportation, 4.1.5.10 Calculate destination load plans, 4.1.5.13 Manage capacity utilization Industry: Pharmaceutical- Relevance: 70%
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- Turnaround of a Business Through the Transformation of Physical Distribution
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An inefficient process design only breeds inefficiency!
Type: Presentations Topics: Business Transformation, Business Excellence, Process, Shipping, Supply Chain Management, Logistics, Supply Chain Planning, Distribution, Outbound Transportation Processes: 4.0 Deliver Products and Services, 4.1.5 Plan distribution requirements, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.8 Assess distribution planning performance, 4.4 Deliver service to customer, 4.5.1 Define logistics strategy, 4.5 Manage logistics and warehousing, 4.5.3 Operate warehousing, 4.5.4 Operate outbound transportation Industry: Pharmaceutical- Relevance: 68%
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- Turnaround of a Business Through the Transformation of Physical Distribution (Slides)
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An inefficient process design only breeds inefficiency!
Type: Presentations Topics: Business Transformation, Business Excellence, Process, Shipping, Supply Chain Management, Logistics, Supply Chain Planning, Distribution, Outbound Transportation Processes: 4.0 Deliver Products and Services, 4.1.5 Plan distribution requirements, 4.1 Plan for and acquire necessary resources (Supply Chain Planning), 4.1.8 Assess distribution planning performance, 4.4 Deliver service to customer, 4.5.1 Define logistics strategy, 4.5 Manage logistics and warehousing, 4.5.3 Operate warehousing, 4.5.4 Operate outbound transportation Industry: Pharmaceutical- Relevance: 68%
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- When the Benefits Are There, Why Don't More Companies Use RFID Tagging?
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This article discusses how organizations that have implemented radio frequency identification (RFID) tagging programs have improved their inventory accuracy, achieved more efficient inventory counting processes, and ...
Type: Articles and White Papers Topics: Logistics, Supply Chain Management, Inventory Management, Warehousing Processes: 4.0 Deliver Products and Services, 4.5 Manage logistics and warehousing, 4.5.1 Define logistics strategy, 4.5.3 Operate warehousing Industry: Retail/Catalog/Mail Order- Relevance: 66%
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- Global Sourcing: One Size Does Not Fit All
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In this APQC interview, global trade expert Matt Gersper discusses the factors that organizations must consider when sourcing globally and the pitfalls they should avoid.
Type: Articles and White Papers Topics: Globalization, Organization and Management, External Relationships, Supply Chain Planning, Supply Chain Management, Procurement, Sourcing, Logistics Processes: 4.0 Deliver Products and Services, 4.2 Procure materials and services, 4.2.1 Develop sourcing strategies, 4.2.2 Select suppliers and develop/maintain contracts, 4.5.1 Define logistics strategy, 4.5 Manage logistics and warehousing- Relevance: 65%
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- Global Sourcing Calls for Due Diligence
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Global sourcing has long been seen as a way to cut costs. Sometimes, however, there can be hidden costs associated with purchasing globally.
Type: Articles and White Papers Topics: Globalization, Organization and Management, External Relationships, Procurement, Supply Chain Management, Sourcing, Logistics Processes: 4.0 Deliver Products and Services, 4.2 Procure materials and services, 4.2.1 Develop sourcing strategies, 4.2.2 Select suppliers and develop/maintain contracts, 4.5.1 Define logistics strategy, 4.5 Manage logistics and warehousing- Relevance: 65%
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- Inventory Optimization: Show Me the Money
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How can your organization optimize inventory to avoid excessive carrying costs and still satisfy demand?
Type: Articles and White Papers Topics: Continuous Improvement, Business Excellence, Process, Customer Service, Customer-focused Processes and Functions, Sales and Operations Planning, Supply Chain Management, Supply Chain Planning, Logistics, Inventory Management, Process Improvement Processes: 4.0 Deliver Products and Services, 4.5 Manage logistics and warehousing, 4.5.1 Define logistics strategy, 4.5.1.1 Translate customer service requirements into logistics requirements, 4.5.3 Operate warehousing, 4.5.3.1 Track inventory deployment, 4.5.3.3 Track product availability- Relevance: 64%
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- Reverse Logistics: Backward Practices That Matter (Report Overview)
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This overview of APQC's best practices report Reverse Logistics: Backward Practices That Matter highlights 12 best practices from leading organizations with successful physical reverse networks that minimize ...
Type: Best Practices and Business Drivers Topics: Logistics, Supply Chain Management, Returns Management, Reverse Logistics Processes: 4.0 Deliver Products and Services, 4.5 Manage logistics and warehousing, 4.5.1 Define logistics strategy, 4.5.5 Manage returns; manage reverse logistics Industry: Aerospace, Distribution, Pharmaceutical, Transportation/Freight Carriers- Relevance: 61%
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