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How to Optimize Fulfillment with Unified Data

Logistics Viewpoints

If your systems are disjointed and you lack the ability to analyze masses of data in real time, you will struggle to deliver on-time, in-full and your reputation and revenue will be negatively impacted. While outsourcing to a 3PL is a common strategy, new technologies and approaches now exist to achieve higher OTIF rates in house.

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Mastering Disruption: A Smarter, More Connected Approach

Logistics Viewpoints

A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1 billion to $23.07

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The Top 5 Key Growth Drivers in the Warehouse Management Sector

Logistics Viewpoints

A majority of warehouses report labor shortages, and more than 50% cite this as a significant business challenge that is only worsening. Cloud-Based and SaaS Deployments Cloud-native WMS solutions are gaining traction due to their scalability, lower upfront costs, and faster implementation.

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8 Warehouse Optimization Tips from Manufacturing Experts

RFgen

Data-Driven Decision Making : Using analytics to continuously refine operations. This data should come from a system that can track multiple, moving parts and integrate with existing technologies. If you are using a legacy system, switching to an automated data collection solution like RFgens IMS may be the first step.

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What is Inventory Accounting? Here’s What You Need to Do Inventory Accounting Right (Every Time)

ShipBob

Once you sell inventory, the value of that inventory becomes an expense that’s recorded as cost of goods sold (COGS) in your income statement. COGS represents the direct cost of producing or procuring the goods that you sold (which you can later use to calculate gross profit). Example: Say your business makes candles.

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Transforming Supply Chain Planning: Embrace the Shift

Bristlecone

Working methodology for no-touch planning A single top-level virtualized data layer is created with thousands of daily Google-like data crawls across applications. This data layer is then cleaned, indexed, normalized and enriched to provide real-time, end-to-end visibility to functional planners.

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AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

Now, retailers can simulate “what-if” scenarios that reveal how different hypothetical tariff-driven cost increases could impact shoppers’ willingness to purchase upcoming SKUs at various price points, and which products’ margins will suffer most as costs fluctuate. He adds that it’s no wonder that only 15% of U.K.