Negotiating with suppliers is challenging even in the most favorable economic conditions. However, a unique set of compounding challenges like inflation, labor market shortage and global supply constraints are shrinking margins across the supply chain. Consequently, vendors are proposing renewal pricing increases ranging from 10% to as much as 30% in some cases.
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3PL Central
Improving operations is a must for 3PL warehouses looking to save time, stay competitive and grow their businesses. Knowing where and how to improve is the key to establishing best practices to make your 3PL more successful than ever before.
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Alibaba, Amazon, AirBnB, Uber, and others, have proven the unmatched superiority of the multi-party, real-time network model over traditional hub and spoke type relations. How can these same models be applied to your supply chain? Can you leverage the same leap in innovation and value creation that these networks leveraged in the consumer world?
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In this recorded webinar, Stephen Wunker from New Markets Advisors discusses with APQC's Marisa Brown why now is the time for organizations to use the tools of innovation on the cost side of the business to create products that both delight customers and are much more affordable in this time of inflation. He will also share success stories of organizations that have done this successfully.
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