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7 tips For Improving Supply Chain Efficiency

There are many moving parts to a supply chain, a fact which makes identifying problems troublesome. While you’re running around playing damage control, it can be overwhelming knowing what parts of your business to invest in. Should you pour money into new technology? Better training? New equipment? These questions are never easy.

The good news is that by focusing on specific factors, your supply chain can’t help but improve in its efficiency. Here are 7 tips to help you on your way.

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7 tips For Improving Supply Chain Efficiency

 

1. Effective Communication

2. Evaluate Shipping Needs vs. Wants

3. Align Interests With Your Supplier

4. Increase Transparency

5. Analyze Information / Use Data to Drive Decisions

6. Analyze Your Training Programs for Weak Spots

7. Make Specific Project Goals for your Supply Chain

 

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