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National Barcode Day 2022

Enterra Insights

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.”

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Machine Learning and Digital Transformation

Enterra Insights

From supporting cutting-edge cancer research to helping businesses track their inventory, machine learning and AI offer the ability to disrupt and enhance our existing processes in virtually every segment of society.”[1]. ” IT Pro, 19 July 2022. [5] Datamation, 3 January 2018. [6] ”[1]. Footnotes. [1]

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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process?

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase in year-over-year volume. Prior to 2018, when an ocean carrier booked a shipment they had to provide a chassis. The average purchase order changes 3-4X before shipment.

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10 Ways IoT Can Improve Supply Chains

IQMS

in 2022, achieving a 10.7% Blockchain shows potential for increasing the speed, scale, and visibility of supply chains, eliminating counterfeit-goods transactions while also improving batching, routing and inventory control. The Supply Chain Management enterprise software market is growing from $12.2B in 2017 to $20.4B

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The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

Supply Chain Matters

As inventory-to-sales ratios dropped to near record lows, inter-modal logistics networks were forced to try to manage and synchronize essentially just-in-time material movements which were out of sync in many important dimensions. There is no cost for paid CSCMP membership, or the report can be purchased for $249 by non CSCMP members.

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How to improve your ecommerce business online in Singapore!

Vinculum

In four years, this group of online shoppers will spend on average $1,234 on purchases from e-stores. The country’s e-commerce market volume is projected to reach $5,489 billion by 2022, with an annual growth rate of 10.1% between 2018 and 2022. What Singaporeans like to buy online. Market Insights.