Inventory investments are often considered a necessary evil required to satisfy customer service requirements and maximize revenue. When managed correctly, inventory can be a strategic asset to drive profitable revenue growth and competitive advantage. The challenge is to establish a sustainable foundation for effective inventory management that rapidly adapts to changing business dynamics and promotes
Most supply-chain professionals would agree that the traditional annual, full-network carrier-procurement process has inefficiencies. Access to better data is changing the way organizations operate, and it’s time transportation strategies changed as well. Yet many transportation departments continue to go through the same motions. Historically, the carrier procurement process has been time-intensive. Shippers spend a substantial