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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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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. The moves span inbound, intracompany, and outbound shipping.

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Walmart Lowers their Shipping Requirements, but their Suppliers Still Struggle

Logistics Viewpoints

This was announced on the Retail Link portal for suppliers on January 30 th. Walmart fines suppliers whose goods arrive late or who have not shipped everything that they committed to ship. The fines, Uber Freight reports, vary by the costs of the products being sold to Walmart.

Shipping 246
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This Week in Logistics News (April 13 – 19)

Logistics Viewpoints

And now on to this week’s logistics news. cargo imports in May could hit highest level since last October Transloading is heating up again Hundreds of cargo ships lost propulsion in U.S. cargo imports in May could hit highest level since last October Transloading is heating up again Hundreds of cargo ships lost propulsion in U.S.

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

And now on to this week’s logistics news. Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. The retailer plans to double the number of sites in the coming years and currently operates more than 55 dedicated same-day sites across the U.S. Retailers estimate 13.7

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This Week in Logistics News (April 20 – 26)

Logistics Viewpoints

Colombian drug smugglers are disguising cocaine as “fake coal” within major bulk consignments to try to dupe port surveillance operations, according to a new report. And now on to this week’s logistics news. It will be interesting to see how these smugglers will change course when fossil fuels are completely replaced by renewables.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Retailers know firsthand how quickly the market can change. That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs.