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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. Increasingly, forecasts are being improved by leveraging outside data sources rather than merely relying on a company’s internal historical shipment data. This increases sales.

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Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Introduction. Get Professional Help.

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U.S. Logistics Manager’s Index Drops to an All Time Low in May

Supply Chain Matters

Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022. Supply Chain Matters highlights this week’s release of the U.S. Logistics Managers Index (LMI) that dropped to an all-time low for May 2023.

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This Week in Logistics News (January 7 – 13)

Logistics Viewpoints

He has lost approximately $182 billion since November 2021, as estimated by Forbes, although other sources suggest that it could actually be closer to $200 billion. Walmart, along with its partner DroneUp, now operates drone delivery hubs in seven states, including Arizona, Arkansas, Florida, North Carolina, Texas, Utah, and Virginia.