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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

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26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. You also have to consider storage costs, warehouse maintenance costs, ordering new items, packaging, vendor costs — all these require spending money. Some strategies for an excellent supply chain are: 1.