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Key Insights from NRF 2024: Navigating the Future of Retail

ToolsGroup

Last year witnessed a considerable impact on retailers’ profits attributed to shrink, commonly recognized as lost inventory. The imperative of implementing a comprehensive process to ensure full visibility into inventory has become more paramount than ever before.

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Trends Transforming Logistics and Supply Chains In the MENA Region in 2023

The Logistics & Supply Chain Management Society

billion USD by 2026. Furthermore, using qualitative and quantitative forecasting to manage product inventory and distribution enables the wider operations of the business and results in improved customer experience. Dubai CommerCity, the first e-commerce free zone in the MENA region opened in April 2021 in Dubai. billion by 2025.

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The Future Is Now for Logistics

Material Handling & Logistics

However, members of the shippers and providers panel at the CSCMP press conference stressed that the tradeoff is a welcome improvement to safety now that drivers cannot cheat on their logbooks. If things don't change, and we continue up this progression, by 2026, we will be at 170,000 drivers short.