Cost Savings and Efficiency In Supply Chains

Unlock the secrets to cost-saving and elevating your customer service through strategic supply chain optimizations and partnerships in this insightful episode of Supply Chain Now.
Join hosts Scott W. Luton and Marty Parker as they sit down with industry experts Megan Bowen, Senior Director of Warehousing at Nolan Transportation Group, and David Phillips, Senior Director of Solutions at Transportation Insight. Discover how companies can navigate the complexities of logistics and supply chain management, leveraging continuous analysis, automation, and strategic partnerships to drive innovation and sustainability.
Listen in as David shares how his team conducts regular network alignment analysis to achieve efficiency gains and recounts a case where optimizing inventory led to a 15% reduction in supply chain expenses without changing physical locations. Megan underscores the importance of choosing the right warehousing providers and the role of flexibility and scalability in maintaining an agile supply chain.
Explore practical strategies for improving outbound shipping, such as consolidation, full truckload hauls, and leveraging warehouse partnerships, and understand why a holistic view of your supply chain is essential for handling disruptions and making informed shipping decisions. This episode is packed with actionable insights for improving supply chain operations, strengthening partnerships, and driving business success.
Tune in now and take the first step towards a more efficient, resilient, and cooperative supply chain.
Jump into the conversation:
00:00 Introduction to special guests Megan Bowen and David Phillips
04:35 NTG is a top US freight brokerage
09:05 Transparent communication and partnerships are key
11:30 Finding the right partner for business success
13:11 Balancing supplier and customer needs is essential
16:21 Optimized network inventory led to 15% cost reduction
21:38 Varied strategies for efficient shipping and distribution
25:03 Flexibility, scalability, and experience are essential for success
28:28 Supply chain management relies on interconnected components
30:17 Prepare for supply chain disruptions with partnerships
36:02 Anticipation, disruption, feedback cycles in global supply chain
37:39 Evaluate warehousing, distribution network and key partnerships
39:53 Improving service while saving money: A win-win
Resources:
Megan Bowen on LinkedIn: / megan-bowen-8311836a
David Phillips on LinkedIn: / davidmichaelphillips
Learn more about NTG: ntgfreight.com/
Learn more about Transportation Insight: www.transportationinsight.com/
Connect with Marty: / martyparker
Connect with Scott: / scottwindonluton
Learn more about Supply Chain Now: supplychainnow.com
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This episode is hosted by Scott Luton and Marty Parker. For additional information, please visit our dedicated show page at: supplychainnow.com/cost-savin...