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The Evolving Warehouse: Prepare Your Warehouse for Disruption

Logistics Viewpoints

Construction of manufacturing plants and new warehouse sites were also postponed or canceled entirely due to market uncertainty. According to the CBRE Global E-commerce Outlook 2021 report , e-commerce growth will require another 330 million square feet of warehouse space in the United States by 2025.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. At that point, each SKU will be taken to any convenient storage location in the warehouse.

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Trends, Technology and Sustainability in Focus at LogiSYM MENA 2021

The Logistics & Supply Chain Management Society

Responsible for 8% of global greenhouse gases, the fashion industry is a major polluter, especially with the onslaught of “fast fashion”, where people will buy clothes for an Instagram photo and then never wear them again. Leadership Excellence for the Digital Age – LogiSYM January/February 2018. & Changing Landscape”.

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

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Is it too Early For 2022 Predictions?

Logistics Viewpoints

Many major challenges of 2021—capacity constraints, ecommerce growth and driver shortage—are rolling over into 2022 and, in addition, the environment and machine learning are becoming more important for logistics and supply chain professionals. Online buying will fuel home delivery growth, challenges and new strategies.

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It’s Not Too Early to Prepare for Holiday Returns, Part Two

Enterra Insights

The bane of e-commerce is the large percentage of purchased items that are returned. She reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[2] trillion in 2021, the projection for returns is around $503 billion.”

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Use Forward Buying to Gain Profit During Inflation

Herlitz Inventory Management

In a blog post from July 2021 regarding rising inflation , we explained why inflation is terrible for most people but is wonderful for wholesalers. Two HIMPACT customers have already rented extra warehouse space just to store forward bought inventory. If ever there was a time to take advantage of forward buying, this is it!