Use The Reshoring Initiative’s TCO calculator to lower operating and logistics costs

Manufacturing giants like General Electric, Ford, Wal-Mart and Nike are investing heavily in reshoring initiatives. Wal-Mart will increase sourcing of American-made products by $50 billion over the next decade, while GE will move production of high-end refrigerators from China and Mexico to Louisville. Nike and Ford will each invest more than $150 million in reshoring because with exports from the…

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Improving Inventory Management

It is no secret that a detailed inventory management process will result in many positives, including increased working capital, stock market valuations, and peace of mind. Those are topics for another day. But what are characteristics of a good inventory management operation? Material Handling & Logistics’ recent blog post Top 5 Solutions to Common Inventory Management Mistakes (written by Dusty…

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The Supply Chain Motto: Be Prepared

Some times the best advice is the simplest. Take the Boy Scout motto of “Be Prepared” for example. It doesn’t get any more basic than that—try to think ahead, anticipate the unexpected, and be ready for it when it happens. While that is good advice, no matter who you are in today’s volatile environment, it could almost be considered the…

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