Locus

SEPTEMBER 24, 2021

US holiday retail sales in 2021 will rise 2.7% – US Holiday 2020 review and Holiday 2021 Preview, Emarketer Insider Intelligence, Feb 2021. Being the busiest time of the year, they are eyeing to make their logistics operations more effective and efficient. Ecommerce will account for a record 18.9%

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Enterra Insights

JUNE 28, 2023

Frederick , Chief Marketing Officer at Logistics Plus, noted, “Logistics accounts for nearly 8% of everything we make and sell in the United States. More than 50 million people are employed worldwide in the field of logistics! Logistics helps to create value. ” Supply Chain Game Changer, 4 June 2021. [7]

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Enterra Insights

DECEMBER 26, 2022

But the pattern has become costly for retailers, with the National Retail Federation estimating about 17% of all merchandise bought in 2021 was returned, totaling $761 billion.” in 2021 was returned — “a jump from an average return rate of 10.6% According to the National Retail Federation Online 16.6% Footnotes. [1]

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Shipsy

MAY 28, 2021

The outbreak has also made it clear that digitization of the last-mile processes and the overall logistics and transportation system will be the key to shape the future of e-commerce, manufacturing, food & grocery, courier & express delivery, and other industries. Let’s check out the other last mile delivery trends for 2021.

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Stord

FEBRUARY 20, 2022

Traditionally, to have a full overview of their supply chain, most companies need to piece together a variety of fragmented third party logistics that frankly don’t work together seamlessly. There is a herd of unicorns pushing for innovation in the logistics industry. Supply-chain technology startups raised $24.3

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3PL Insights

MAY 3, 2021

May 03, 2021— Evans Distribution Systems, a leading provider of third-party logistics and supply chain solutions, launched a new business intelligence tool: evans365. As a logistics service provider, we are always trying to add value to our customers,” says John A. MELVINDALE, Mich.,

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The Logistics of Logistics

APRIL 10, 2021

Benjamin has worked with firms such as UPS, DHL, Kuehne & Nagel, Agility Logistics, NFI Logistics, GENCO, Nations Express, Raytrans, Echo Global, Dixie, Wilpak, and others. Prior to BGSA Holdings, Ben founded 3PLex, the Internet solution enabling third-party logistics companies to automate their business.

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Stord

NOVEMBER 30, 2022

ATLANTA, March 31, 2021 -- Today, we’re excited to announce that Stord has raised a $65M Series C round led by BOND , bringing our total capital raised in the last six months to $100M.

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BlueYonder

AUGUST 31, 2021

Almost a year and a half into the COVID-19 pandemic, e-commerce continues to boom, according to the 2021 State of Supply Chain Execution Report. This creates many challenges for retailers and manufacturers who either fulfill orders themselves or contract with third-party logistics (3PLs) partners to perform these services.

3PL 68

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Supply Chain Matters

AUGUST 15, 2022

According to published reports from both Bloomberg and The Wall Street Journal , the company will now source its hardware customer fulfillment needs to third-party logistics providers in an effort to reduce product delivery costs by up to half. Inventory Glut of Bicycles. over the coming months. Reader Takeaways.

Inventory Reduction 52

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Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. For 2021, U.S. business logistics costs reportedly rose by 22.4 percent to $1.85

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ModusLink Corporation

FEBRUARY 8, 2023

The value of such operations in 2021 was evident, with 1,200 active operations, 197 FTZs, and 356 production operations reporting in the US, says Site Selection Magazine (Forster). Many third-party logistics providers are still charging customers exorbitant shipping fees and not leveraging the cost savings opportunities offered by FTZs.

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GlobalTranz

AUGUST 15, 2018

Tractica Research estimates that the worldwide sales of warehousing and logistics robots will reach $22.4 billion by the end of 2021. Robots are locating, tracking, and moving inventory inside warehouses, they are conveying and sorting oversized packages at ground distribution hubs.

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Locus

DECEMBER 16, 2021

While the top apparel and accessory brands agree that product quality should get better with time, inventory priorities are always fluctuating. Only a modern and digital supply chain that is ever-evolving can manage the product quality, inventory volume, and fashion supplier relationships that the industry requires. million by 2025.

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Supply Chain Matters

APRIL 18, 2022

In July of 2021, this iconic branded workwear retailer announced the promotion of Danilo Amoretty to the newly created role of Senior Vice President of Global Product Supply and Operations. Executive Moves.

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Supply Chain Matters

JULY 15, 2022

During the 2020 holiday fulfillment period, and spilling over to early months of 2021, a flurry of continuous reports of customer frustrations in late or non-delivery of orders and with customer support negative experiences flooded social and mainstream media channels. port backups, which added to overall costs and diluted margins. .

Sourcing Strategies 105

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Arena Solutions

APRIL 4, 2023

6 manufacturing trends you need to know The Great Resignation This recent trend began in 2021 when employees voluntarily left jobs in search of opportunities with better wages, working environments, and work-life balance. For instance, the supply chain, which entails operations, purchasing, distribution, inventory management, etc.,

Manufacturing Procurement 74

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SCMDOJO

APRIL 15, 2024

This abundance of options not only increases customer satisfaction but also allows Amazon to optimize its logistics operations. With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. Billion US Dollars), followed by Europe and potentially Asia.

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Kanban Logistics

MARCH 11, 2021

and Long Beach, are experiencing severe congestion due to record volumes as US businesses replenish inventories that were depleted after COVID-related manufacturing shutdowns. The upward trend has continued into 2021 as January was the busiest January on record, with volumes up 19 percent compared to January 2020.

Virginia 52

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SYSPRO Smarter ERP

APRIL 13, 2022

Russia is the world’s third-largest oil producer and the second-largest foreign oil supplier to the US. Shipping costs skyrocketed over 300% in 2021 as borders and ports were closed around the world in response to the pandemic, and these will continue to be elevated. Develop business continuity plans with your suppliers.

Supply Chain Planning Software 111

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QAD

DECEMBER 2, 2021

These events simply laid bare existing vulnerabilities, such as a lack of visibility into actual consumer demand, fragile planning and production processes, and a lack of real-time communication between the manufacturing enterprise, suppliers, third-party logistics providers and consumers.

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Supply Chain Game Changer

JULY 28, 2021

If you love engineering, you could work on solution design with a third-party logistics company. Moreover, they are valuable things to add to your resume, which may make a difference; you can get certifications for purchasing manager, production and inventory management, and many more. However, they are interconnected.

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BlueYonder

AUGUST 1, 2022

And it’s a far cry from the panicked, on-the fly decisions many logistics professionals were making in 2020 and 2021 — which, unfortunately, were not always profitable. Many manufacturers, retailers, and third-party logistics providers are benefitting from digitized logistics and supply chain.

Real-time Visibility 56

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Locus

JUNE 16, 2023

When a consumer decides to replace a product, logistics companies bear the costs of both reverse logistics and re-delivery, placing further strain on last-mile logistics costs. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction Strategies 98

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Unleashed

NOVEMBER 1, 2021

Equipment that we’ve seen increasingly automated includes: Automated storage & retrieval : Robotic order picking systems and other storage or retrieval technology lets robots find, pick and move inventory around large warehouses – at a much faster rate than humans can and with less risk to safety. billion in 2021. billion to $5.6

Supply Chain Planning Software 98

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Vinculum

JULY 14, 2022

The E-commerce platform is enhanced in terms of logistics operations and management of warehouses and inventories. Even companies can choose their logistics or third-party logistics prominently. These days internet penetration is growing dynamically to access the D2C platform quickly.

Modeling Software 52

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ShipBob

FEBRUARY 2, 2022

In addition, there are third-party logistics (3PL) companies that offer comprehensive services that encompass delivery as a service. While the number stood at 64% in 2019, it fell to 55% in 2021. In 2021, the market was worth $126 billion with a steady increase resulting from the pandemic.

Logistics Network Optimization Software 52

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MIT Supply Chain

MARCH 8, 2021

The extreme market conditions now being experienced may actually be unprecedented, according to attendees at the Securing Transportation Capacity in Challenging Markets roundtable on February 25, 2021. A Final Rule was published in January 2021, which increased the fines for violations and exacerbated this tension.

Freight 52

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ShipBob

JULY 2, 2021

By using a combination of technologies like AI, machine learning, and predictive analytics, online brands can manage complex supply chains by automating warehouse operations, improving delivery times, easily managing inventory, optimizing third-party communication, and creating new customer experiences that increase satisfaction and boost sales.

Supply Chain Planning Software 98

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ShipBob

JANUARY 23, 2023

Same-day delivery and last-mile logistics in North America is estimated to grow by $62.71 Many brands have turned to a tech-enabled third-party logistics (3PL) company to help reduce costs by tapping into the technology and infrastructure needed to optimize the last-mile delivery phase. billion between 2023-2027.

3PL 98

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Operations and Supply Chain Management

OCTOBER 18, 2021

retailers’ inventory-to-sales ratio in August, down from 1.11 in the third quar­ter. Moller-Maersk is in the market for a major third-party logistics acquisition. Copyright 2021 Dow Jones & Company, Inc. | Advertisement. LEAVE THIS BOX EMPTY. Number of the Day. Census Bureau. In Other News. Splash 247).

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Intelligent Audit

JANUARY 26, 2023

billion in 2021 with an anticipated CAGR of 17.8% between this year and 2030), it becomes clear that proactive visibility is essential for a crowded logistics marketplace. This way, shippers can be proactive rather than reactive in response to logistics crises. These include carriers and third-party logistics providers.

Real-time Visibility 52

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Supply Chain Matters

JANUARY 17, 2023

In this update, we focus on our fifth prediction which is focused on global transportation and logistics services sectors. 2023 Prediction Five: Global Wide Transportation, Logistics and Brokerage Services Sectors Will Face a Challenging Year With Significant Consequences. Prediction Background.

Predictive Analytics Software 52

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Unleashed

JUNE 23, 2021

2021 has been a tumultuous year, marking a transition period from the chaos of 2020 through to the beginning of the post-Covid-19 recovery. Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. 10 inventory management for 2022: 1.

Inventory Management Software 80

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SCMDOJO

SEPTEMBER 4, 2023

LSPs generally endow tremendous inventory management and warehousing solutions, conveyance of orders and international logistics. Whereby, the most utilized and requested service degrees can be categorized as third-party logistics (3PL) or fourth-party logistics (4PL) (Kennedy, 2020).

Logistics Network Optimization Software 94

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Shipsy

AUGUST 3, 2021

As per an online report, the global third-party logistics (3PL) market was valued at around USD 1trillion in 2020, and it is expected to reach more than USD 1.75 trillion by 2026, registering a growth rate of 8% during the period (2021-2026). Here’s everything you need to know about third-party logistics-.

3PL 52

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ShipBob

AUGUST 30, 2021

Supply chain analytics refers to the collection of data and information that provide insights into logistics performance, from inventory management to fulfilling and shipping orders. . This way, you can understand how much inventory on hand you need at a given period of time, whether it’s month-by-month or by season. .

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