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National Barcode Day 2022

Enterra Insights

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.” This cuts down on both inventory carrying costs and obsolete inventory, which boosts long-term profitability.” Footnotes. [1]

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Rivian’s Missed 2022 Production Performance and Executive Turnover

Supply Chain Matters

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. Executive Departures. Previously, the company’s initial Chief Operating Officer departed at the end of 2019.

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Championing Supply Chain Digitalization

Enterra Insights

The winning companies are those that correctly identify the problem to solve — the performance metric to improve. The data model will put a spotlight on the missing data. They report, “We know from extensive research that decisions matter — a lot. He explains, “Too often companies think that more data is better.

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Walmart’s Impressive Q4 and FY2023 Financial Performance

Supply Chain Matters

Supply Chain Matters provides highlights and added perspectives to retailer Walmart’s report of Q4 and Fiscal 2024 financial and operational performance. Specifically, high inflation and economically stressed consumers have been more selective in their purchase decisions. The reported profitability for the holiday quarter of $10.6

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What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. As per a recent report by CNBC , the labor department in the United States has 5.5 The risks surrounding the retail labor shortage aren’t new.

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This Week in Supply Chain Management Tech September 8 2022

Supply Chain Matters

Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 The company was recently ranked number 159 in the 2022 Inc. The company was founded in 2018 by former engineers from Uber, Google, and Yahoo. Expands C-Suite Amid Increased Technology Demand. Fairmarkit Announces $35.6

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You Can’t Spell Agriculture without AI

Enterra Insights

Like other business executives, they need to be able to make a business case for any new technology they purchase. Researchers from the Central European University report, “In 2021, 193 million people across 53 countries were acutely food insecure. 21 September 2022. [5] The Benefits of AI in Agriculture. ”[4].