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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing. With this fresh in mind, how are small and medium-sized importers preparing for 2024? This is a significant shift from late 2021, when 93% faced serious disruptions.

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Self-Checkout Turns Customers into Employees and Employees into Security Guards

Enterra Insights

”[3] All retailers, not just grocers, are suffering from inventory losses. Knowles reports, “The National Retail Federation estimates that retail shrinkage — the discrepancy between advertised inventory and actual stock on hand — represents an approximately $112 billion problem.

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

She also said the company planned to ask workers to return to the office five days a week in 2024. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. percent in early U.S.

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Top 15 Logistics Stories of 2023

Logistics Viewpoints

Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. 2021 was the trough with in-person events severely limited. in December 2021. This survey-based research gathers quantitative data as well as information on practices or performance drivers.

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Added Signs of Global Manufacturing Upturn in May

Supply Chain Matters

Supply Chain Matters provides readers and clients with a further installment in our global supply chain assessment series in providing highlights on reported May 2024 global PMI activity levels. Specifically noted in this latest report: “ May saw manufacturing production increase at the quickest pace since December 2021.”

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. The output index from the PMI survey dipped 0.9 down from the 49.2 value reported for September. in October.

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Trends Transforming Logistics and Supply Chains In the MENA Region in 2023

The Logistics & Supply Chain Management Society

According to the UAE’s Ministry of Economy, the first quarter of 2021 saw the highest amount of quarterly funding raised in the logistics industry in the MENA region over the past 4 years, rising year-on-year by 179 per cent. Dubai CommerCity, the first e-commerce free zone in the MENA region opened in April 2021 in Dubai.