Vivek Sood's Blog, page 19

February 13, 2023

Maximizing Savings in Manufacturing:

The Benefits of Closing a Plant and Shifting Imports to Improve Plant Operations A manufacturing plant is a facility where raw materials are transformed into finished products. These plants are typically equipped with a variety of machinery, equipment, and skilled labor to produce goods on a large scale. The products produced in a manufacturing plant […]

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Published on February 13, 2023 04:12

February 11, 2023

Contract Manufacturing: Green Energy Company

Innovative Green Energy Company Utilizes Contract Manufacturing for Supply Chain Success The green energy sector is one of the most rapidly growing industries in the world, with billions of dollars being invested in new plants and infrastructure by companies looking to capture a share of the market. This increased competition has resulted in the industry […]

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Published on February 11, 2023 09:14

February 10, 2023

Streamlining Supply Chain Complexity

Achieving Clarity and Cost Savings of $18 Million Cost base is a crucial concept in supply chain management that refers to the total cost incurred in the production and delivery of goods and services. It encompasses all expenses related to the procurement of raw materials, manufacturing, transportation, warehousing, marketing, and distribution. Understanding the cost base […]

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Published on February 10, 2023 08:05

Using Linear Programming Model to Save Costs

Linear Programming Model Leads to $2.3 Million Annual Savings in Delivery Costs: Analysis Delivery costs can have a significant impact on a business’s bottom line. Whether you’re delivering goods to customers or transporting products from one location to another, the cost of transportation is a major expense that must be carefully managed. Fortunately, linear programming […]

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Published on February 10, 2023 06:06

February 9, 2023

Calculating Supply Chain Costs as Benchmark

Benchmarking- Supply Chain What is benchmarking Benchmarking in supply chain management is a process of evaluating and comparing the performance, processes, and practices of a company’s supply chain with those of other companies in the same industry. It is a powerful tool that companies can use to identify areas for improvement and optimize their supply […]

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Published on February 09, 2023 08:06

February 8, 2023

Maximizing Savings: A Comprehensive Guide to Optimizing Your Supply Chain

Demurrage Reduction, Operation Improvement, Fulfillment Optimization, and Export Supply chain optimization refers to the process of improving the efficiency and effectiveness of the entire supply chain, from sourcing raw materials to delivering finished products to customers. It involves analyzing and optimizing various aspects of the supply chain, including procurement, production, transportation, warehousing, and distribution, in […]

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Published on February 08, 2023 09:53

February 7, 2023

Revolutionizing Logistics- Rail V/s Truck

Shipping by Rail Instead of Trucks Saved Our Clients Cost” In the world of logistics, transportation plays a crucial role in ensuring that goods reach their destinations on time and at an affordable cost. This is especially true for bulk loads, which require a significant investment in transportation and handling. For many companies, finding the […]

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Published on February 07, 2023 11:02

February 6, 2023

Maximizing Logistics Savings

Efficient Package, Freight, and Increased Truck Transportation Logistics is an essential part of any supply chain, as it involves the movement of goods from one place to another. The cost of logistics can quickly add up, especially if it’s not managed efficiently. That’s why many companies today are focused on finding ways to reduce their […]

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Published on February 06, 2023 11:11

February 2, 2023

Leading Industrial Company Solves Inventory Shortfall with Redundant Inventory Analysis

SUPPLY CHAIN CASE STUDY Inventory Shortfall Analysis Pitfalls of Supply Chain Excess redundant inventory Forecasting demand error Overstocking SUPPLY CHAIN NETWORK RECONFIGURATION Solves Inventory Shortfall Company overview Our client operates within the industry of fast-moving industrial consumables and slow-moving machinery. Our client is a market leader and operates in Australia Over 20,000 items and they […]

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Published on February 02, 2023 05:34

February 1, 2023

Optimizing Supply Chain for Storage and Freight Savings

SUPPLY CHAIN TRANSFORMATION CASE STUDY Optimizing Supply Chain for Storage and Freight Savings Flows of Supply Chain Management Freight Operation Optimized Storage Reducing cost of Service Procurement of Finished goods Revenue Optimization Client overview Our clinet is a well-established and financially stable organization that is considered an industry leader, with significant resources and a sizable […]

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Published on February 01, 2023 09:06