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This Week in Logistics News (September 24 – 30)

Logistics Viewpoints

And now to this week’s logistics news…. Maybe try Boston next? The cost to transport containerized goods peaked at unprecedented levels in late 2021. The CNBC article states, “ As delivery times and consumer demand rose this year, retailers responded by ordering inventory earlier than usual. I gotta admit, I’m intrigued.

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Watch: Time for a Reset of Retail Inventory Strategies?

Supply Chain Brain

The pandemic and resulting congestion in the supply chain have retailers reconsidering their traditional approach to sourcing and inventory management, says Larry Parker, department chair of transportation and logistics management, supply chain management, reverse logistics and government contracting at the Dr. Wallace E.

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6 Ways AI Empowers End-to-End Decision Automation in Supply Chain

Logistics Viewpoints

This ensures the secure, high-capacity, and bi-directional transfer of essential information such as master data on products, customers, production-distribution infrastructure, transactional data on sales, inventory status and position, transportation execution data, external data e.g. competitor pricing, weather, recommendations, action triggers.

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The Fishtail Story with Marc Held

The Logistics of Logistics

Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. The Logistics of Logistics Podcast. Check out The Logistics of Logistics on Youtube. Funding press.

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Inna Kuznetsova Named Recipient of 2023 Women in Supply Chain Award for Third Year Running

ToolsGroup

This shows hope that one day, we won’t need an award like this because men and women in the supply chain will be equal,” says Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive. Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum.

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ToolsGroup Improves Supply Chain Visibility, Usability, and Power in the Mid-Year Enhancements To SO99+

ToolsGroup

Alternative Transportation Mode Updates to existing on-order expedite optimization functions. GranTerre has been a ToolsGroup customer for many years, and we value their commitment to innovation,” said Massimo Corradi, Supply Chain & Logistics Director, GranTerre. “We Version 8.61 The release of SO99+ V8.61 release HERE.

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What is Economic Order Quantity & its Advantages

SCMDOJO

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. S = Cost per order.