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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

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Implementing Last-mile Delivery Technology

Logistics Viewpoints

Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping. To remain competitive, retailers and carriers must excel in the crucial last-mile delivery stage. And what are the comparative costs of building versus buying?

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AI in the Food Industry: Case Studies, Challenges & Future Trends

ThroughPut

As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! AI powers predictive analytics where trends, preferences and purchasing behaviors are analyzed in-depth that help companies store the right product mix. Another excellent example is that of Beyond Meat. billion in 2024.

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Big, Bulky & Rural with Grafton Elliot

The Logistics of Logistics

Grafton Elliott and Joe Lynch discuss big, bulky, and rural shipping. Grafton is the Founder and CEO of Onward, a big and bulky shipping network that helps retailers offer local like delivery service, to their customers located in suburban and rural zip codes.

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Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?

Logistics Viewpoints

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In the same ecommerce study, over 72% of consumers experienced a delivery failure over a three-month period. Figure 1: U.S.

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Last Mile Shipping Success Requires a Holistic Approach

Talking Logistics

Not long ago, people would take a Saturday afternoon to visit a furniture showroom, sit on several couches, fill out an order form, write a check, and wait six to twelve weeks for the sofa to be shipped to the store. Two-day shipping standards for packages is impacting consumer expectations of large format deliveries.

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5 Reasons Why You Need Procurement Planning Software

New Horizon Supply Chain Blog

Procurement planning functionality (essentially the planning of future purchase orders) is typically a subset of broader supply planning applications that plan manufacturing work orders, inventory levels, shipments, as well as purchase orders, to meet demand.