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The Evolution of Logistics: Connectivity, Data Integration, and Virtual Design

SCMDOJO

In the world of logistics, this means enhanced operational efficiency for inventory management, route optimization, safety and security of goods, and resource allocation. The market for logistics robotics is predicted to reach $6 billion by 2027. This is the technology behind smart homes, health monitoring devices, and more.

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AI in eCommerce: Benefits, Use Cases, and Risks

Unleashed

Inventory management Inventory management can feel like a constant battle for eCommerce retailers. In this video, Sam Walker of Flowstore explains how AI-powered inventory management has improved their replenishment strategy. billion by 2027.

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Last-Mile Delivery 101: How a 3PL Works With Last-Mile Carriers for Best-in-Class Fulfillment

ShipBob

billion between 2023-2027. That’s not to say that offering a great shipping policy (free, fast, or both!) Take it from supplement and wellness brand, TB12: “We distribute inventory across ShipBob’s fulfillment network so we can be closer to major distribution hubs, shipping carriers, and more of our customers.

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E-Commerce 101: Going Cross Border, What Brands Must Know

Vinculum

The worldwide cross-border e-commerce industry is expected to develop at a 27 percent annual CAGR from 2021 to 2027, reaching $4,8 billion in 2026. Hence, translating site navigation, item descriptions, and return policies into the local language is necessary. Despite a slight decline in worldwide retail spending, this is the reality.

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Debunking the 6 most common myths about industrial 3D printing and its impact on supply chains

DiManEx

billion by 2027 , disrupting the $T12 manufacturing sector. Managing that extra inventory is expensive if you consider storage, handling, write offs, and ultimately scrapping costs. Others are required by law or company policy to retain spare parts in their inventory. A mass produced lever could cost $3,02 to produce.

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4 Major Supply Chain Trends Q4 2022

Resilinc

At the end of 2022, Aluminum costs were up 5-10% due to high energy and raw material costs, growing demand, a decline in China’s production capacity, and reduction in global inventories. By 2027, the market for chrome is expected to grow from $72.18M to $86.4M Conversely, demand for nickel fell due to risks of recession, and inflation.

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Why is Omnichannel Payment Reconciliation Critical for Your Business?

Vinculum

dollars by 2027. . Each marketplace has its structure for commissions, payment terms, return policies, fees, penalties, and other charges. Wrong policy calculations. Missing inventory cases. Returns – Irrespective of channels, records transactions against damaged goods and missing inventories.