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5 Golden Rules for Managing Business Logistics

Strategy Driven

While you might manage most of your general logistics chain, there’s undoubtedly going to be areas that you need to rely on other companies–at least for now. Everything from outsourced drivers to a pallet delivery company can be considered an essential service for smoothing out the bumps in your logistics chain.

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What's Next When Offshoring Isn't so Cheap?

Harvard Business Review

But suddenly, the case for outsourcing isn't so clear. dollar, rising fuel costs and the risks inherent in longer supply chains have many companies rethinking their sourcing strategies. Outsourcing must be part of a larger global strategy. These and other factors like quality concerns, the weakening U.S.

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Instead of Optimizing Processes, Reimagine Them as Platforms

Harvard Business Review

One applications outsourcing team, for example, proposed a clever UX tweak to help optimize a global fulfillment process their company managed for its biggest client. Their RFP-responsive outsourcing expertise had perversely obscured essential insights into what creative fulfillment should mean for both customers and client.

Process 12
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8 Ways Machine Learning Is Improving Companies’ Work Processes

Harvard Business Review

This lets organizations reduce the amount of work outsourced to service centers and frees up finance staff to focus on strategic tasks. Smoother supply chains. Machine learning enables contextual analysis of logistics data to predict and mitigate supply chain risks. Measuring brand exposure.

Process 12
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4 Models for Using AI to Make Decisions

Harvard Business Review

His group’s data science, procurement, and supply chain teams crafted algorithmic ensembles that, by all measures and simulations, would save hundreds of millions. The Autonomous Outsourcer. Business process outsourcing becomes business process algorithmization. It’s a different kind of engineering.”

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Develop Your Company’s Cross-Functional Capabilities

Harvard Business Review

You’ll often find customer relationship management within marketing, budgeting within finance, supply-chain management within operations, outsourcing within procurement, training within HR, and new product development within R&D.

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Can the U.S. Become a Base for Serving the Global Economy?

Harvard Business Review

And, through linkages including supply chains (in 2009 multinationals purchased about $7 trillion in intermediate inputs from companies in America), multinationals enhance the performance of companies throughout the U.S. The average compensation that year of their 27.3 manufacturing employment by 52.5%, or 3.3 million workers, at U.S.