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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

The National Transportation Safety Board has recommended the installation of such technologies in all new passenger vehicles. 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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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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Understanding the Profitability of Omnichannel Retail is a Problem

Logistics Viewpoints

Flow paths can include buying online/ship from store; buy online/pickup at store, shop at store/have item shipped from a different store, and many other options as well. The need for new omnichannel capabilities – particularly curb pick-up and ship-from-store – soared. Shipping from the store, and 5.

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. During 2022, as consumers shifted their physical goods buying patterns away from products and into travel and services, global shipping volumes steadily declined and so did spot rates. percent decline in global trade.

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Achieve Higher Fulfillment Rates to Improve Customer Satisfaction 

Logility

Increasing numbers of consumers will abandon their shopping cart if they can’t get things when they want them, and this goes across verticals that include apparel, food, and beverages. There are many places fulfillment can be delayed – from an antiquated order acceptance process to lack of inventory to logistical complexities.

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5 Reasons to Leave Your 3PL with Shane Hanson

The Logistics of Logistics

Square1 primarily serves clients in the Beauty, Packaged Food, Apparel, and Consumer Goods industries, and currently works with 40 domestic and international clients. Poor quality – If your 3PL is causing issues such as product damage or shipping the wrong products, it can have a detrimental effect on your business.

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This Week in Logistics News (October 14 – 20)

Logistics Viewpoints

-bound shipments post first annual gain in 14 months in September Teamsters at DHL rally for fair contract The Mississippi River has dropped to a historic low Amazon is introducing an array of new artificial intelligence and robotics capabilities into its warehouse operations that will reduce delivery times and help identify inventory more quickly.