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The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

If there is one industry that continues to scale robustly, it is Retail. A recent survey forecasts that retail sales will soar to $32.76 As retailers prepare to navigate this vast sea of potential sales, understanding the intricate world of logistics becomes imperative to streamline operations and enhance efficiency.

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3 Ways Technology Can Enable Retailers to Enhance Deliveries in 2022

Logistics Viewpoints

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. Larger types of retail goods such as furniture and appliances, also known as oversized, are more challenging to ship than small packages.

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Surviving an Economic Downturn in the Retail Sector

Enterra Insights

Correspondent Melissa Repko reports that it might take some time for retailers to figure out how consumers are going to behave over the coming months. And sales of big-ticket items like jewelry and electronics have weakened. ”[2] Nevertheless, she observes, “Retailers are more on edge.”

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What is Genuinely New in Supply Chain Management?

Logistics Viewpoints

But electronics; industrial and manufactured; and apparel, footwear, and textiles make up the bulk of products detained. Omnichannel Retailers Leverage Optimization Historically, omnichannel software solutions were not capable of optimization. This meant that retailers were not maximizing their profitability.

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Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. The digital retail revolution can help in this area by digitizing all processes of receipt and tracking of goods. This, in turn, leads to increased sales and customer loyalty.

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This Week in Logistics News (July 31 – August 6)

Logistics Viewpoints

Another shipping crisis strikes, threatens Black Friday shopping. Volansi completes first-ever autonomous ship-to-ship drone delivery. As Ford sees it, engaging directly with semiconductor fabricators and other key electronic-components makers in its supply chain allow the company “to better align supply and demand.”

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Revolutionizing Supply Chain Planning: The Power of Generative AI

Logility

Take for example, a leading consumer electronics company utilizing generative AI to predict demand for its products during the holiday season. For example, a prominent apparel retailer employs generative AI to optimize its inventory management.