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How to Relieve Labor Shortage Challenges with Vendor Managed Inventory

American City & Country

By: Lawson Products In today’s fast-paced world, efficient procurement is crucial for any entity. As procurement professionals, you are constantly balancing tight budgets, increasing demands, and the need to streamline operations. For agencies facing labor shortages or limited resources, VMI can be a game-changer.

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The Impact of US Tariffs on UK Supply Chains: What You Need to Know

Oxford College of Procurement and Supply

Example: A UK clothing brand managed to reclassify certain apparel items under a different customs code, reducing import duties by 5%. Implement Strategic Inventory Management Where feasible, stockpiling critical items before tariffs take effect can help manage costs.