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Inventory Distortion Will Cost Retailers $1.77 Trillion in 2023. Here’s How Blue Yonder Can Help.

BlueYonder

What’s the real cost of inaccurate inventory management? IHL Services, a global research and advisory firm, estimates that inventory distortion — the combined cost of lost sales from out-of-stocks, along with the deep discounts required to sell overstocks — will drive a $1.77 trillion problem of inventory distortion.

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Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. Instead they adopted advanced analytical techniques to accurately model and forecast complex and unpredictable demand.

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Now or Never: Why Supply Chain Sustainability is Non-Negotiable in 2022

Locus

billion metric tons—the emissions have rebounded in 2021 and 2022. It is worth noting that North America has a much higher emission intensity than sub-Saharan Africa, despite Africa being significantly larger and housing more countries. Download our E-Book on Supply Chain Sustainability and Profitability with Green Logistics.

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Cross Border eCommerce – Key to Successful Entry in North America

Vinculum

When seller brands dream of penetrating the international e-commerce markets, they usually picture North America – and they have justifiable reasons for this: As of 2018, the average revenue per online shopper is the highest for the United States. Books, movies, music, video games (excluding downloads). The land of e-commerce.

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Retail Distribution Center Automation: 6 Factors to Consider

C3 Solutions

Download for later. Consumers are no longer bound by loyalty or geographic necessity in their purchase decisions. Those DCs operate with 33 percent less inventory than conventional retailers and work towards a standard of orders being picked and packed within two hours of the customer clicking the 'buy now' button. [3].

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23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line. Efficient warehouse operations.

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4 Use Cases of the IoT in Retail: Operations Transformed for Greater Efficiency and Profitability

GlobalTranz

Item-Level Tracking Will Enhance Inventory Management. Inventory management is among the most complex processes in any retail establishment. Inventory levels in the store dictate what gets reordered. Download The Evolution of Intelligent Buildings in Retail by Navigant Research White Paper Here.

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