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The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

trillion by 2026, surpassing the current GDP of all European Union member states combined. This blog delves into essential acronyms and abbreviations, from BOPIS to WISMO, that are pivotal for optimizing supply chains and elevating customer satisfaction. If there is one industry that continues to scale robustly, it is Retail.

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Zero Visibility to Complete Control: Supply Chain Optimization

Locus

Let’s look at the numbers for a moment: Statista predicts that global e-commerce sales will hit an astounding $8.1 trillion by 2026. Read also: Retailer guide to peak season shipping But there’s a catch. This is no small figure, and it inevitably means retailers must prepare to handle an influx of online orders.

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

With last-mile delivery costs contributing to more than 50% of total shipping costs, the rising expectations in home delivery increases the risk of encountering inefficiencies. Billion by 2026, growing at a CAGR of 9.28% from 2019 to 2026. Global Last Mile Delivery Software Market was valued at USD 5.38

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

In this blog post, we’ve compiled a list of over 100 supply chain crisis statistics to help you stay informed and build a more agile, resilient supply chain. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. How Labor Shortages Have Hurt the Supply Chain. McKinsey ).

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What is Last-Mile Tracking and How it Improves Delivery Efficiency

Locus

The survey conducted by MetaPack highlights that more than 90% of customers consider delivery a crucial factor when making online purchases. Schedule a Demo The post What is Last-Mile Tracking and How it Improves Delivery Efficiency appeared first on Locus Blog.

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Geo-Political Forces Become More Complex for Industry Supply Networks

Supply Chain Matters

To encourage China to eliminate its unfair trade practices regarding technology transfer, intellectual property, and innovation, the President is directing increases in tariffs across strategic sectors such as steel and aluminum, semiconductors, electric vehicles, batteries, critical minerals, solar cells, ship-to-shore cranes, and medical products.”