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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The company created Project Gigaton in 2017 to engage suppliers and other stakeholders up and down the supply chain to reduce carbon emissions.

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Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

A manufacturer in China doesn’t read the specs on an order. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building. Supply chains are messy.

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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

Another unique point of this book is that it presents the "real estate outsourcing" concept which is different from the facility location concept (math model) in other books in logistics and supply chain management. Prior knowledge of lean manufacturing is required. Cons: You need to be comfortable with basic math.

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Will Grocery Center Store Trends Persist After Covid?

Enterra Insights

As many brands continue to grapple with supply chain challenges and grocery retailers strive to fill the sudden increase in online shopping orders through their brick-and-mortar stores, both must rethink their pre-pandemic notions of ideal store-level inventory levels, category management, and maximizing a store’s footprint and linear real estate.”[3]

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3 Ways Warehouse Managers Can Respond to the Amazon Effect

RFgen

Where Amazon creates value by eliminating the need for extensive in-store staff and retail real estate, brands such as Wal-Mart must reduce costs in their supply chain, Forbes explained. When major retailers are forced to reduce costs, the manufacturers that provide goods end up carrying those expenses.

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3 Ways Warehouse Managers Can Respond to the Amazon Effect

RFgen

Where Amazon creates value by eliminating the need for extensive in-store staff and retail real estate, brands such as Wal-Mart must reduce costs in their supply chain, Forbes explained. When major retailers are forced to reduce costs, the manufacturers that provide goods end up carrying those expenses.

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Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

Click the links below to compare this year's innovations to those from previous years: Top 10 Supply Chain Innovations of 2017 : exoskeletons, autonomous forklifts, flying warehouses, last-mile delivery, and more. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more.