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3 ways retail warehousing impacts profitability

6 River Systems

With online retail penetration projected to reach 25% by 2026, that means 75,000 stores could be forced out of business by that same year. of consumers surveyed cited speed as the most important factor related to shipping, and 28.6% of all warehouse space available in the first quarter of 2020, according to Statista.

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

Digital Twin Applications For instance, say you’re a manufacturer or distributor. Are you a manufacturer wondering how best to leverage real-time data to elevate your business performance? In fact, it’s expected that more than 90% of IoT platforms will utilize some aspect of digital twins by 2026.

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Looking Back at Previous Capacity Crunches & How Shippers Responded

GlobalTranz

Also, the driver short has continually grown worse for the last eight years, and it is expected to continue through 2026, asserts Iris Kuo of Trucks.com. After the Great Recession, retailers and manufacturers could negotiate substantially lower freight rates with carriers and logistics providers. Gross of the Journal of Commerce (JOC).

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Supply challenges arising from the war will hit many industries, with electronics being a prime example, since Russia and Ukraine are both sources of materials such as palladium and neon , vital for the manufacture of semiconductors. However, emptying the contents of silos into the holds of ships is only one small part of the problem.