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

Enterra Insights

The checkout kiosks bleat and flash when you fail to set a purchase down in the right spot. Of course, such thinking is simply justification for theft — and theft is a huge problem. ”[3] All retailers, not just grocers, are suffering from inventory losses. ”[6] The decision, of course, is all about profitability.

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The $30 Billion Secret: How Amazon’s Logistics Saves You Time & Money

SCMDOJO

Cloud and Machine Learning services: Amazon Web Services (AWS) – Provides cloud computing infrastructure, storage solutions, and machine learning services to businesses and developers worldwide. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.

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CPG earnings report: Data technology tackles headwinds, helps meet demand

crisp

And what’s in store for 2024? Here’s a look at some of the takeaways from recent CPG earnings discussions, the headwinds and tailwinds brands are experiencing, and strategies for staying on course in 2024. Research shows that consumers care about sustainability performance and make purchasing decisions accordingly.

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Navigating the Future: How Advanced Supply Chain Analytics is Transforming the Industry

ThroughPut

Static vs. Dynamic Inventory Management Without Advanced Supply Chain Analytics: Inventory management might be based on static rules or historical sales data, potentially leading to overstocking or stockouts. A company might order the same quantity of a product each month, not accounting for seasonal demand variations.

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7 Top Supply Chain Trends to Know for 2023

ModusLink Corporation

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

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Thieves and Abusers are Ruining Supply Chain Returns for Everyone

Enterra Insights

She explains, “Depending on which statistics you follow, consumers return something like a fifth of all purchases these days. Young writes, “Some companies processing returned televisions for retailers have gotten a surprise when opening the boxes — packaging filled with bricks rather than newly purchased TVs.