Top 10 Supply Chain Cost-Reduction Strategies
Manufacturers are still dealing with the high cost of raw materials and operations this year, despite slow economic growth. The uncertainty surrounding potential spikes in product and transportation costs from the recent International Longshoremen’s Association (ILA) strike didn’t do anything to calm the nerves. To combat current and future pricing instabilities, manufacturers are turning to supply chain cost-reduction strategies. Effective savings strategies can make a significant difference in a company’s bottom line. From streamlined processes to improved demand forecasting,…
