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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. This boosts revenues and optimises inventory.

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Improve Supply Chain Management to Improve Business

Enterra Insights

For example, a report published by Accenture and DHL notes, “The logistics behind global trade is highly complex as it involves many parties often with conflicting interests and priorities as well as the use of different systems to track shipments. … ” 3. ” Neurochain , 11 September 2018. [2] 6] Sarah K.

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8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing or valuation is an accounting concept that has a direct impact on your gross profit and thus taxable income. Methods of valuing inventory are simply different cost-flow assumptions about how to allocate your cost of goods available for sale. Why Inventory Costing is Important.

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Accelerate Digitisation in the Supply Chain – Leveraging a Data-driven Approach to Optimisation – LogiSYM August 2020

The Logistics & Supply Chain Management Society

In 2018, SDS acquired a global leader in electronic product distribution, increasing market share in Scandinavia. The acquisition was key to opening doors to expansion in Asia, Africa, Europe, and the Middle East. Their scalable solutions have proven to help companies reduce their logistics costs and optimize their supply chains.

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This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

US homes 8 retailers keeping Earth Day alive through a commitment to sustainability Ground parcel delivery costs reached a record high in Q1, although pricing discounts from carriers softened the blow, according to the TD Cowen/AFS Freight Index. percent above its January 2018 baseline, up from 25.2 percent for Q4. million U.S.

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

These technologies also contribute to a rise in big data and analytics in the logistics field. RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric. Revenue: €17 billion/ $19.42