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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

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. This year, 88 percent of participating retailers reported that the pandemic resulted in an increase in overall risk for their company. Walmart to buy Alert Innovation.

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Driving Sustainability in the Age of Supply Chain Disruption

Logistics Viewpoints

Emerging technologies play a role in managing disruption and are driving change in the transportation and logistics industries. We are now seeing an increase in the use of automation, not just within a TMS or WMS, but the digital coordination across all phases of logistics, from shipper to broker to carrier to warehouse.

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American Software Reports Fourth Quarter and Fiscal Year 2022 Results

Logility

Notable new and existing customers placing orders with the Company in the fourth quarter include: Ariela & Associates International, Bemis Manufacturing Company, Bondi Sands Australia Pty Ltd., The company selected Logility to support its ambitious growth strategy. Diversey, Inc., Polar Electro OY, Timex Group USA, Inc.,

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Many people get really confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Cost as a percentage of sales (Logistics or Supply Chain). Inventory stock turns in Days. Inventory management. Inventory levels. Total logistics cost. Why Do Companies Have Too Many KPIs?

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RELEX Retail & Supply Chain Award 2019: Best Master’s Thesis, Europe

RELEX Solutions

RELEX will choose the best master’s thesis with a focus on retail and supply chain planning (forecasting, replenishment, seasons or promotions management, allocations, inventory management, category management or assortment management). Previous winners. 2016 Aleksandra Koro?

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7 Things To Consider For Efficient Spare Parts Management

SCMDOJO

This directly affects how well a company does, avoiding problems and making a positive impact on profits. Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Enhancing Profitability: Efficient spare parts management directly impacts a company’s bottom line.

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Mindmap for Global Logistics Integration

Supply Chain Movement

To manage this logistics complexity while adhering to customer service standards and incurring reasonable costs, companies need Global Logistics Integration. Mindmap for Global Logistics Integration. Global market trends have a considerable impact on a company’s different business functions. Choose country.