Remove 2024 Remove Inventory Remove Price Reduction Remove Shipping
article thumbnail

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? The regression in pricing wasn’t just due to lower demand.

article thumbnail

Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption

ToolsGroup

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Nike’s Flawed Online Strategy and Lessons Learned

Supply Chain Matters

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. They smack of Nike’s iconic branding message: Just Do it !

article thumbnail

This Week in Logistics News (November 4 – 10)

Logistics Viewpoints

I saw an article this week about criminals in the Mediterranean that are stealing olives due to the surging price of olive oil. But thieves are also raiding unprotected groves and cutting off branches or even cutting down whole trees. The thieves look for heavily loaded branches and they cut them. billion as U.S.

article thumbnail

The Backorder, April 10 2024

Unleashed

The Guardian reports that the Victoria Unboxed project will hope to eliminate invisible waste from supply chains by replacing cardboard produce boxes with reusable plastic crates. Consider offering volume discounts and free shipping incentives to lift AOV. Get tactical with your sales strategy. Here’s what she had to say.

article thumbnail

This Week in Logistics News (January 6 – 12)

Logistics Viewpoints

As a New England Patriots fan, this season was certainly disappointing, as everything seemed to go wrong, except for landing a top-3 draft pick in 2024. In 2023, Amazon experimented with new logistics strategies and technologies to quickly fulfill and deliver orders, and these changes paid off big. percent versus in 2022, where 17.6

article thumbnail

Learnings from Target’s 2024 Financial and Operational Performance

Supply Chain Matters

retailer Target’s recent reporting of Q4 and Fiscal 2024 financial and operational performance. based retailers would provide the best indicators of retail industry customer fulfillment trends including various changing strategies in inventory management and customer fulfilment efforts, along with restoring higher profitability levels.