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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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Climate Change is Also Changing the Consumer Packaged Goods Sector

Enterra Insights

Both consumers and enterprises in the consumer packaged goods (CPG) sector are taking notice. Analysts at NielsenIQ observe, “Positive consumer sentiment toward sustainability has been growing for more than a decade, but the impact of purchasing preferences has yet to inspire a green revolution within the retail industry.

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E-Commerce is Gaining Momentum

Enterra Insights

With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies. Regardless of whether consumers are buying products because they are bored or truly need them, they are finding the convenience of online purchasing to their liking.

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Optimizing Last-Mile Fulfillment for FMCG Businesses in the Middle East

Locus

“E-commerce is becoming a reality,” the management consulting company stated, “reinventing consumers’ path to purchase, forming new customer experiences , disrupting business models, and creating growth opportunities for large and small retailers as well as for a new generation of pure E-commerce players.”

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Trends 2021: Consumer Packaged Goods

Enterra Insights

”[1] CPG reporter Paul Hiebert ( @hiebertpaul ) believes the CPG sector’s strong performance will continue in 2021. As most people know, the pandemic and resulting lockdowns forced consumers to use the digital path to purchase for many of the products they desired to buy, including food. workforce.

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A Holistic Smart City Strategy Requires a Digital Twin

Enterra Insights

Without a holistic vision and strategy, technologies purchased to enhance one city system might not be compatible with technology utilized to enhance other urban systems. “According to ABI Research, cities are expected to save $280 billion by 2030 for more efficient urban planning via digital twins.”[4]. ”[4].