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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Logistics and inventory management rounds out the top four focus areas at 82 percent. Logistics In line with the past several years, inventory management continues to be the top focus area in logistics. In addition to cost savings, having optimized inventory management can help balance cash flow with customer satisfaction.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

The bill mandates that many new vehicles, beginning with the 2027 model year, contain a so-called “intelligent speed limiter.” Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much.

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National Barcode Day 2023

Enterra Insights

As I wrote in a previous article, “Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them.”[1] The new ‘2D’ barcodes will unlock reams of online extras (for consumers) and revolutionize inventory management (for retailers).

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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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The Pallet Supply Chain and Lumber Price Impacts!

Supply Chain Game Changer

million in 2027, from USD 79,008.6 from 2020 to 2027.” Those who are interested in creating more sustainable supply chains will drive increased demand for plastic pallets for instance. Reestablishing inventory levels means that more and more pallet will be required to hold these goods. The Pallet Market Size.

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InFocus Webinar: Decoding the Secrets of Asia’s Last-Mile Maturity

Locus

The figures speak for themselves: with last-mile delivery accounting for a staggering 53% of global delivery costs and projections indicating its market size will triple by 2027, the urgency to optimize and perfect this segment is palpable. The Retail Evolution Retail has transformed leaps and bounds from classic stores to omnichannel hubs.

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The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. between 2020 and 2027. All successful modern-day businesses rely on an efficient system of logistics management.