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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. Even in Australia, consumer sentiment index decreased to 102.2,

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

By doing physical inventory counts you can improve demand forecasting, minimize stockouts, maintain inventory shrinkage, and more. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. Demand forecasting is predicting future orders by using historical data.

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10 COVID-19 Lessons for a Resilient Supply Chain

DynaSys

Fires have seriously impacted the wine industry in the US, Australia and elsewhere. Your Finance department is minding this metric in particular. Takeaways 2 : Forecasting can no longer just be about trend analysis, extrapolation from past demand and planning for routine exceptions. Above all, preserve your cash.

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This Week in Logistics News (April 8 – 14)

Logistics Viewpoints

Pizza Hut has already eliminated these plastics – switching to primarily corrugated cardboard – in its India and Brunei markets, and that Pizza Hut New Zealand and Australia are now 95 percent and 90 percent plastic-free, respectively. That’s enough solar energy to power more than 5,600 U.S. The Einride Pods are monitored remotely.

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20 Powerful Business Apps Accountants & Advisors Need to Know

Unleashed

Financial apps Fluidly Fluidly focuses on all aspects of cash flow, including funding, forecasting and planning – but also helps with invoice chasing too. The software connects to Xero or QuickBooks and using the data, will automatically create a cashflow forecast in a chart that is easy to follow. On Xero it has a 4.6-star

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line. Mobile apps can generate reports and monitor performance metrics. Andrew Hagigeorgiou.

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50 expert tips on improving warehouse efficiency & productivity

6 River Systems

” — The 5 Best Ways to Increase Warehouse Efficiency , Freight Cowboy; Twitter: @freight_cowboy 4. Use forecasting to plan resource allocation. “A warehouse management solution can help you to track the right things, such as metrics, directly linked to profitability and efficiency. Identify your KPIs.