Remove 2018 Remove Eliminating Excel in Purchasing Remove Metrics Remove Warehousing
article thumbnail

Trends, Technology and Sustainability in Focus at LogiSYM MENA 2021

The Logistics & Supply Chain Management Society

Responsible for 8% of global greenhouse gases, the fashion industry is a major polluter, especially with the onslaught of “fast fashion”, where people will buy clothes for an Instagram photo and then never wear them again. LogiSYM Magazine – January/ February 2018.

article thumbnail

An Entrepreneur Explains The 10 Things Needed to Build A Business that Investors Can’t Say ‘NO’ To

Logistics Viewpoints

Mr. Welty founded a company that sold warehouse management systems (WMS) called AllPoints Systems in 1987. The company buying his company, EXE Technologies, is now infamous among those who have followed the WMS market. We asked for $2 million to buy more robots and then shortly thereafter another $4m. Fail Until You Win.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Target’s Margins Improve Even As Digital Sales Explode: How Is That Even Possible?

Logistics Viewpoints

in 2018 but has steadily grown to 30.6% Finally, inventory accuracy can never be as high in a store as in a warehouse. Valdez, there were four critical improvement initiatives spanning inventory management, transportation, automation, and operational excellence. A buyer now “purchases for one business.” of total sales.

article thumbnail

2020 Requires Big Wings and Feet

Supply Chain Shaman

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The River of Demand. #3

article thumbnail

National Barcode Day 2022

Enterra Insights

Whether in a retail store or a warehouse, associates simply swipe the barcode across the scanner. 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.” Not People ,” LinkedIn, 19 December 2018. [6]

article thumbnail

Understanding First-Mile Delivery & Why it’s Important for Your Store

ShipBob

First-mile delivery refers to the process of transporting finished goods from a manufacturer or supplier’s facility to an online retailer’s warehouse or multiple distribution centers — the last destination before products are delivered to the end user. Some of these inefficiencies often start with improper purchase ordering.

article thumbnail

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. In a 2018 survey of 1000 shoppers , 89% said they have bought an item online and returned it. A further 41% said they buy multiple versions of the same item with the intent of returning some of them.