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Planning, Marketing, and Forecasting in Supply Chain Management
Weather forecasting affects many industries in subtle, but pivotal ways. Temperature and precipitation forecasts help farmers cultivate crops. The viability of the crop affects how it’s priced in...
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Keeping Costs Low And Quality High In Supply Chain Management
(Image source: palnatoke) When you visit your favorite online retailer, you may see a note up top that says, “Spend $75, get free shipping!” These retailers offered free shipping as a way to entice...
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Manufacturing Goods Well In Supply Chain Management
German Thomas Dietz is one of the most proficient and decorated jugglers in the world. In 2005, Dietz taped himself juggling sticks for 53 minutes and 21 seconds, a world record. The manufacturing...
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Properly Managed Transportation Contributes To A Smooth Supply Chain
Image source: Richard Moross In the late 1970s, airlines began distinguishing economy class passengers and first class passengers who pay higher airfare. The benefits of first class include larger...
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A Careful Eye Is Important In The Recieving Component Of A Supply Chain
Home inspections are typically done when a sale on a home is pending. The buyers use a knowledgeable third party who scrutinizes the property and creates a report of possible defects or issues. If...
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The Three Routes A Shipment Can Take After Receiving
In the 1840s, few Americans had seen the U.S. West coast but news of gold in California drew them toward the Pacific. The forty-niners, gold seekers, had three routes in which to get to California from...
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How To Keep Products Running Smoothly In A Supply Chain With Proper Service...
Regular car maintenance is integral to the future safety, reliability, and longevity of car. These days, many cars have a check engine light that comes on periodically, notifying owners that something...
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Products Get Second Life In Proper Supply Chain Management
Recycling, repurposing, and reusing are processes as old as human civilization. Prior to the Industrial Age, everyone practiced recycling because goods were costly and took a long time to make. While...
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Supply Chain Managers Should Be Ingenious
(Image credit: Nevit Dilmen) Before World World II, homes were commonly heated with coal, which strained walls. A soap manufacturer created a popular doughy cleaner that rubbed off soot. However, as...
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Infographic: Supply Chain Management, an overview
VMC’s supply chain expert Tammy Walker has said that she sees the supply chain as cyclical, not a straight line with a beginning, middle, and end. We thought the best way to illustrate this is through...
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