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The VA is inching toward awarding contracts for its upcoming modernization of a supply chain management system, officials shared during a House Veterans’ Affairs Subcommittee hearing.
The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes. They ship very small batches twice a week.
From inventorymanagement to customer shipping, leave nothing to chance when it comes to supply chain risks. With that in mind, let’s take a look at how supplier risk management can benefit your business and prevent the disruption of services. By carefully and consistently monitoring the goods and services you receive.
Case in Point: A UK furniture retailer worked closely with its US timber supplier to identify ways to reduce costs, including adjusting order quantities and delivery schedules to optimise logistics. Example: A UK clothing brand managed to reclassify certain apparel items under a different customs code, reducing import duties by 5%.
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