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Harness The Power of Data To Optimize Your Supply Chains

All Things Supply Chain

By 2026,… The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market.

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Comprehensive Guide to Mobile Inventory Management Systems

RFgen

Overview: What is mobile device inventory management? With so much information out there about inventory management best practices, it can be hard to determine what steps to take to make improvements. Mobile inventory systems are a proven “must-have” solution for enhancing materials management. bn through 2026.

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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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Key Tools and Technologies to Build the Warehouse of the Future

DELMIA Quintiq

billion by 2026. Predictive analytics, together with artificial intelligence (AI), can be very effective for recommending optimized inventory levels, replenishing inventory and increasing operational efficiency—as well as for warehouse optimization as a whole. billion in 2020 and is projected to reach USD $14.18

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The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

As online shopping continues to grow – retail e-commerce sales are expected to make up nearly a quarter of total retail sales worldwide by 2026 – returns will become more prevalent. The process is inefficient and unpredictable, and leaves retailers with used inventory that oftentimes cannot be resold. In the U.S,

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Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

trillion in gross merchandise value (GMV) will move online worldwide between 2021 and 2026, more than double the amount generated by all of the leading store-based channels.”[3] Inventory Management. Inventory must be kept up to date, stored properly and ordered ahead of time — based on predictions of customer demand.”

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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. billion by 2026. The Dubai Chamber indicates that UAE’s e-commerce market value is expected to hit 9.2