2024 Inventory Shipping Study 
ThroughPut
MARCH 28, 2024
billion in 2024. As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! Detection of nutritional constituents and allergens in food, optimizing routes and schedules of food delivery, and inventory management are some of the other ways AI is helping the food production industry.
ToolsGroup
AUGUST 1, 2022
Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. In another example, Narvar’s study on “keep the item” returns demonstrates that: 65% of people appreciate that returnless refunds save them time and money. 40% would be more likely to recommend the retailer to others.
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Enterra Insights
APRIL 18, 2024
Businesses must weigh the costs of shipping, customs, tariffs, and taxes when expanding internationally. ”[8] She also told participants, “Supply chain resiliency involves more than shifting from ‘just-in-time’ to ‘just-in-case’ inventory levels. have decided to glocalize).
BlueYonder
MARCH 28, 2024
Trust that the demand planners will have their promises fulfilled so that assortment planners will have their promises fulfilled so that inventory will have their promises fulfilled, and so on. In the same study, Deloitte investigated the factors that differentiated leading suppliers. A 2023 Deloitte survey of U.S.
The Logistics & Supply Chain Management Society
JANUARY 3, 2024
In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.
SCMDOJO
APRIL 24, 2024
In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Let’s see the most common trends in 2024. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts.
ToolsGroup
OCTOBER 25, 2022
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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