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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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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Covid-19 resulted in shortages and stock-outs for 28% of retailers.

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Why Experiential Retail Might Just be The Secret to Customer Success

Locus

A lot has been said about online shopping as a great disruptor of traditional retail marketing. But the online e-commerce space is still a tiny portion of the entire retail industry turnover. Many retailers have leveraged experience centers to gain more than just high sales. What is experiential retail?

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Customer-Centricity: The Secret To Success on ONDC Platform

Locus

With E-commerce user penetration in India expected to go up to 74% in 2027, there is a need to build a more level-playing field for businesses. Leveraging The ONDC opportunity With a Hybrid Model Anecdotal evidence suggests that post-purchase experience is yet to reach the level of maturity that users have become accustomed to.

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Supply Chain Matters News Capsule Update September 18 2023

Supply Chain Matters

Last week, the industry publication Aviation Week published its report, Pratt GTF Repair Plan Jolts Beleaguered Airline Industry. Specifically noted in the report: “ The effect on the airline industry will be profound.” Reportedly the news of a far broader inspection program caught most airline providers by surprise.

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The 10 inventory management trends to watch for in 2022

Unleashed

Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. through 2027 ( Allied Market Research ). Inventory Analytics.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. It is predicted to reach $78,981.5 million USD by 2027, growing at a CAGR of 4.5 million USD in 2019.