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Supply Chain Cost-Cutting Strategies
Source:
SAP Americas
Companies in the Process Industries (including chemicals, pharmaceuticals,
food & beverage,
oil & gas, pulp & paper, and health & beauty aides) have had to cope with
rising
manufacturing and logistics costs over the past few years. To avoid a 7.96%
increase in
logistics costs (what the average company has experienced in the past two
years), companies
should follow the roadmap of Best in Class companies, which have been able
to
reduce costs or keep them flat via supply chain transformation.
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