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This Week in Logistics News (August 13 – 19)

Logistics Viewpoints

And now on to this week’s logistics news. billion in inventory that “if we could just wave a magic wand, we’d make it go away today,” said chief financial officer John David Rainey. Walmart estimates that inventory is still 15 percent above optimal levels. Clearing the inventory will still take a couple of quarters.

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Revolutionizing Supply Chain Planning: The Power of Generative AI

Logility

This leads to optimized inventory levels, reduced stockouts, and enhanced customer satisfaction. Optimal Inventory Management Managing inventory efficiently is a perennial challenge for businesses, as excess stock ties up capital, while stockouts result in lost sales opportunities.

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The $30 Billion Secret: How Amazon’s Logistics Saves You Time & Money

SCMDOJO

The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation. We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Ever wonder how Amazon gets your package to your door so quickly?

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This Week in Logistics News (October 23 – 29)

Logistics Viewpoints

And now on to this week’s logistics news. The company said it has invested more in inventory planning and partnerships with suppliers so it has enough goods on hand while making sure it can route items to where they’re urgently needed. The post This Week in Logistics News (October 23 – 29) appeared first on Logistics Viewpoints.

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Initial Estimates of U.S. Holiday Spending- A Mixed Bag

Supply Chain Matters

An initial estimate of this year’s retail holiday spending indicates a mixed bag, depending on either retail industry, consumer goods producer or logistics and transportation industry perspectives. Consumers were expecting that there would be adequate inventory of goods even up to two days before Christmas. All rights reserved.

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Reverse Logistics – What Happens to Stuff We Return?

Operations and Supply Chain Management

For some online apparel retailers, returns now average 40% of sales. Last year, I attended a three-day conference in Las Vegas conducted by the Reverse Logistics Association, a trade group whose members deal with product returns, unsold inventories and other capitalist jetsam. The field is large and growing. Zachary said.

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Retail Sales and Operations Teams Need to Up Their Game in Inventory Management Agility and Responsiveness

Supply Chain Matters

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .