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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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Top 20 Verified Supply Chain Experts You Can Hire

SCMDOJO

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He graduated from the Cambridge Academy of Transport and the Chilean and German Commerce Institute with a degree in maritime transport, respectively.

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The Great Maersk Shift

Freightos

The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. Maersk would split into two divisions – a Transport & Logistics division, and an energy division. Other sources reported that DB Schenker was not the only forwarder making this shift. Driving the Maersk Shift.

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A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

A report proposing three system solutions that could reshape the industry and set the clean energy technology sector on a path to sustainability. Read the short version of this report on Medium. Chapter 2 of this report outlines some of the barriers observed to play a prohibitive role to transparency for REE mining and processing.

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Interoceanic Passages

Abivin

Global Maritime Routes and Chokepoints Maritime routes are a few kilometers wide corridors that connect economic regions and cross land transportation gaps. Major routes also involve the transport of raw commodities, including petroleum, grains, minerals, and food items. They form a continuum. More than 1.14

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

I’ve literally seen KPI “packs” the size of phone books, and even KPI sets circulated as a monthly magazine… that no one reads. Cost as a percentage of sales (Logistics or Supply Chain). If you’d like to read more about Supply Chain KPIs, you can download (free) a chapter from one of our Best Selling Books on the topic.

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