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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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ToolsGroup Acquires Mi9 Retail’s Demand Management Business

ToolsGroup

Mi9 acquired this division through its acquisition of JustEnough Software in 2018. 1 According to Gartner, nearly all retailers are planning to invest to make their supply chains more agile (96%) and resilient (90%) by 2022. Accel-KKR initially invested in ToolsGroup in 2018. . 1 Adobe Digital Economy Index. About ToolsGroup.

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Highlights of Kinexions 2022 Customer Conference- Part Two

Supply Chain Matters

Supply Chain Matters provides part two of highlights from supply chain concurrent planning technology provider Kinaxis ’s annual Kinexions 2022 customer conference held in May. In a previously published part one commentary , we shared summary highlights of the Kinexions 2022 conference. Bob Ferrari. All rights reserved.

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Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. Supply Chain Management and Maintaining Inventory. Facing inventory challenges is common in the manufacturing industry. Inventory management software is an important solution.

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The Internet of Things in the Supply Chain

Enterra Insights

… Traditionally, inventory counts [have been] a complex exercise done manually about once a year but RFID technology enables retailers to monitor stock monthly bringing accuracy from 60% to over 90%.” 2] Staff, “ IOT Supply Chain Tools (Internet of Things) ,” ModusLink Blog, 9 March 2022. [3]

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CAPS Conference: The Economist Projects What’s in Store for the Global Economy

NC State SCRC

The conflict in the Ukraine is expected to continue throughout 2022, and will likely be a contracted conflict that will continue for perhaps five years or more. The EU economies will also be hit, especially Germany and Eastern Europe as we go into winter in 2022. The forecast is that the EU GDP growth will be reduced by 1.3 Not likely.

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Supply chains remain wonky… and will continue that way for awhile (Jason Miller blog part 4)

NC State SCRC

Warehousing has been the fastest growing sector of the economy for employment; January 2022 showed employment was up 59.3% since January 2018 (4-year comp). Inventory is piling up in warehouses. Retail ex auto inventories are an interesting situation. People are either hoarding inventory or are being forced to hold it.