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Top 15 Logistics Stories of 2023

Logistics Viewpoints

Often times at Logistics Viewpoints, we like to look to the future and highlight the key trends that we see in a given market, or make predictions about what technologies will emerge as game changers in the new year. It was a good mix of topics and authors, including a good number from our Logistics Viewpoints sponsors.

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What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

Retail workers are at the heart of the economy, making the continued retail labor shortage a top challenge for retailers–one that appears here to stay. Get the real story on today’s retail worker shortage, as we break down: Retail Labor Shortage Statistics. The Need for Corporate Retail Talent.

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3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

I have benchmarked supply chains for businesses all over the world for 25 years or so and have seen some incredible results. If you’ve never done a benchmarking exercise before, read on. The Benefits of Benchmarking. The Benefits of Benchmarking. You might be wondering what the benefits are of benchmarking.

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Retail Category Management

SupplyPike

How do retailers manage their categories? Walmart and other retailers spend a great deal of money on hiring category managers whose job it is to manage products and their categories. Of course, Walmart and other retailers segment their products into subcategories and finelines so as to better merchandise items.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down. This leads to lower inventory carrying costs and thus better case flow. Demand forecasting should be tightly integrated to an inventory optimization application.

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CPG Going D2C: 3 Ways to Win the Race to Consumers

Logistics Viewpoints

However, CPG companies need to be careful about competing with their existing retail/wholesale/distributor customers/channels. Most commonly, the primary channels for CPG companies comprise retail, wholesale, distributors, government contracts, and e-commerce. To read the full article, click HERE.

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What Do You Mean By Supply Chain Visibility?

Logistics Viewpoints

This allows the company to do some interesting benchmarking. Elenjickal points out that there is a difference between transportation visibility – where the truck or plane or ship is, inventory visibility – visibility to where stock keeping units are located across the end-to-end network, and order visibility.