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The Future of Onboard Inventory: How AI-Driven SCM Strategies Could Revolutionize Inventory on the Move

ToolsGroup

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. In other cases, such as cruise ships, the ship is the warehouse.

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How 3PL Transportation Services Can Save You Time, Money, and Resources

BR Williams Supply Chain Management

Saving your precious time, money, and resources is necessary, but how do you know where to make the suitable adjustments? Outsourcing to a third-party logistics company for transportation services can be a viable solution for business savings. Benefits of 3PL Transportation Services. ’ Save Resources. Save Money.

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Transportation vs Logistics with Marty Wadle

The Logistics of Logistics

Transportation vs Logistics with Marty Wadle. Marty Wadle and Joe Lynch discuss transportation vs logistics. Marty is the Chief Commercial Officer of Ruan Transportation , a transportation company providing Dedicated Contract Transportation, Managed Transportation, Value-added Warehousing, and Brokerage Support Services.

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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before.

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What is GMROI, and What Does it Mean for Your Retail Inventory?

ShipBob

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

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How to Successfully Integrate an E-Commerce Shipping Plan Into Your Traditional Shipping Practices

GlobalTranz

E-commerce value will exceed $4 trillion by 2025, and demand for e-commerce requires seamless integration between traditional shipping practices and an e-commerce shipping plan. Its global nature makes conventional shipping strategies inefficient and utterly unworkable. Access to multi-modal shipping and drop shipping options.