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This Week in Logistics News (August 6 – 12)

Logistics Viewpoints

Japan farm exports in 2022 1st half hit record high as more dine out. will begin imposing 2022 peak-season surcharges on Labor Day and will apply certain ones based on weekly calculations that begin around mid-October and run until early December. per package during the first surcharge cycle. In June 2022, Americans spent $2.5

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How Much Inventory Should I Stock in a Post-COVID World?

Stord

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Product availability was a clear problem during the pandemic: last holiday season, consumers saw over 6 billion out-of-stock messages online , a 253% increase over the 2019 season. in April 2021.

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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%.” in 2019, for example. in 2014 to just 4 cents in 2019.”[6]. in 2004 to $0.38 ”[6]. ” Footnotes. [1]

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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]. is a big fat lie ,” Big Think, 23 January 2019. [4] ” IT Pro, 19 July 2022. [5] ”[1].

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Emerging Trends Around Last-Mile Delivery Fulfillment Models 2022

Locus

2022, Statista. Besides reducing the distance to deliver packages, alternative delivery fulfillment models have saved on logistics costs and simplified last-mile logistics management for the modern retail business. The model uses independent couriers to deliver packages to customers. Crowdsourcing delivery fulfillment model.

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Bleak Peak 2022 Leaves Shippers Feeling Less than Thankful

Intelligent Audit

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. 2, levels remain 3% lower than in 2019. Despite falling 20% YoY in October, spot rates are still 94% higher than in 2019. Volumes declined 8% YoY in October, and as of Nov.

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Macy’s Converts 35 Stores to Mini FCs

Multichannel Merchant

Adrian Mitchell, Chief Financial Officer of the department store chain, said the semi-automated facilities will allow Macy’s to better utilize inventory in specific markets and regions. “Higher fuel costs more than offset the impact of a 2% decline in digital penetration and reductions in delivery cost per package,” he said.