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Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

Some of the world’s biggest retailers and their partners are once again feeling the sting of “ the bullwhip effect ” – a term of art amongst supply chain professionals that describes how changes in demand at the retail level can reverberate and amplify issues throughout the supply chain. Complete visibility into inventory.

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Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

However, there is now a growing appreciation that going green correlates with increased profit as demand for products with sustainable credentials grow and Asian companies get set to move up the value chain. Technology plays a key role in helping companies manage supply chain risk and underpins processes that improve sustainability.

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Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

However, achieving and maintaining visibility poses several challenges, including data availability and quality, technological limitations, and interoperability issues. but when demand slowed, the pressure to reduce inventory becomes a lot higher. Certain shipping lines are investing in the last mile companies.

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Warehouse Management: Systems, Processes, & Strategies

Unleashed

The goal of effective warehouse management is to maximise the use of available space, minimise handling costs, and streamline operations to meet customer demands effectively. It can involve employing technology such as barcode scanners, inventory management software, and automated systems to enhance accuracy and speed in handling goods.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

The National Transportation Safety Board has recommended the installation of such technologies in all new passenger vehicles. Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. East Coast. 18 to $3,860.

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5 Immediate Impacts of the Ocean Shipping Reform Act of 2022

The Logistics & Supply Chain Management Society

5 Immediate Impacts of the Ocean Shipping Reform Act of 2022 By Nat Josef Just when it seemed like bipartisanship was going the way of the dinosaurs, Congress recently came together to pass the Ocean Shipping Reform Act of 2022, which President Biden signed into law on June 16th. Amy Klobuchar (D-Minn.) and John Thune (R-S.D.)

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Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes.

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