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The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

A recent survey forecasts that retail sales will soar to $32.76 trillion by 2026, surpassing the current GDP of all European Union member states combined. This blog delves into essential acronyms and abbreviations, from BOPIS to WISMO, that are pivotal for optimizing supply chains and elevating customer satisfaction.

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A 2024 Outlook into the Future of Retail Promotions

Cognira

A 2024 Outlook into the Future of Retail Promotions February 12, 2024 Promotions Home As we step into 2024, the retail landscape is undergoing significant transformations, with technology, data, and customer expectations playing pivotal roles. Tech-driven solutions combat food waste, employing intelligent inventory systems and data analytics.

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Key trends in the vitamin and supplement industry: 2021 report

Unleashed

Typical firms will use nutraceutical software to support their own manufacturing, or to manage the process via contract manufacturers – handling purchasing, distribution, and sales and marketing in-house. Sales of Australian products overseas are forecast to rise over the next few years, particularly to countries like China.

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Logistics industry was experiencing capacity constraints, driver shortages, sudden upticks in e-commerce demand, new technologies, different fulfillment models , delays, port congestions, canal blockage etc. But now we have entered a new era of logistics that requires technological adoption and strategic execution.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

In this blog post, we’ve compiled a list of over 100 supply chain crisis statistics to help you stay informed and build a more agile, resilient supply chain. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Chain Store Age ).

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The Uberization of Trucking Part 4: Solutions & Conclusions

Freight Plus

While some doomsayers may think so, new technology can create a whole host of new opportunities for companies that are willing to embrace change. 3PLs are going to have to adapt to new service models and embrace them by offering data/freight management solutions instead of transactional rate negotiations. As reported by the.

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ThroughPut AI in Review: Assessing Its Compatibility with Gartner’s Decision Intelligence and Analytics Platform Standards

ThroughPut

This is exactly where the new wave of Analytics and Data Intelligence Platforms , highlighted by Gartner, comes into the picture. What Are Decision Intelligence and Analytics Platforms? Analytics and Decision Intelligence (A&DI) platforms represent a significant leap forward in the realm of business intelligence.