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Everything is decided from DATA INPUT - Understanding the PUTAWAY strategy by using ABC analysis
2905/23

Everything is decided from DATA INPUT - Understanding the PUTAWAY strategy by using ABC analysis

Everything is decided from DATA INPUT Understanding the PUTAWAY strategy by using ABC analysis   For every warehouses want to pick up goods faster and increase the outbound productivity. The solution is the putaway strategy. Putaway and Picking are key processes in warehouse operations. Although they seem to be independent processes, the Putaway and Picking strategies are actually causally related. Today let's learn how to increase productivity through Putway strategy by applying ABC analysis
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What is Multimodal Transportation?
1605/23

What is Multimodal Transportation?

Multimodal transportation is a method of transporting goods using at least two different modes of transportation, based on a multimodal transport contract, a transport document, a liability regime and only one person responsible for the cargo throughout the transportation process from one point in one country to a designated point in another country for delivery
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Major Bottlenecks and Problems in the Procurement Process
1105/23

Major Bottlenecks and Problems in the Procurement Process

When making a purchase, businesses need to pay attention to a few pieces of information and purchasing lists. These common requirements are condensed and known as the “5 right”: right quality ingredients, right time, right quantity, right price, and the right source. However, Procurement activities also have potential risks that can cause delays and reduce supply chain efficiency. More seriously, it can affect the reputation of the business. Aware of the above problems, CJ GMD introduces to you 4 risks associated with common solutions in Procurement that businesses need to grasp and develop an improvement and development plan.
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The excessive inventory level creates pressure on both profit and storage costs
1704/23

The excessive inventory level creates pressure on both profit and storage costs

According to CNBC, excessive inventory levels have put pressure on the profits of many companies, leading to surplus supply and the inability to reduce storage costs. In a recent CNBC survey, 36% of respondents said they expected inventory levels to return to normal in the second half of this year, 21% hoped for normalcy in the first half of this year, and the rest hoped for the first half of 2024. However, supply chain managers cannot be certain about the timing of inventory relief.
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WHAT IS THE DIFFERENCE BETWEEN 1PL, 2PL, 3PL, 4PL AND 5PL IN LOGISTICS ?
0604/23

WHAT IS THE DIFFERENCE BETWEEN 1PL, 2PL, 3PL, 4PL AND 5PL IN LOGISTICS ?

Currently, the development of international trade relations requires increasingly professional logistics services. Therefore, we need to have a deep understanding of the nature of 1PL, 2PL, 3PL, 4PL, and 5PL services in logistics to know about the types of logistics services. Specifically, what are 1PL, 2PL, 3PL, 4PL, and 5PL, and how can we distinguish these types of services? To help you have a "simple" view of logistics service models, please read the article below:
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