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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

This year the annual United Nations (UN) Climate Change Conference (COP26) was held at the SEC Centre in Glasgow, United Kingdom, from 31 October to 13 November 2021. “Even with all new Glasgow pledges for 2030, we will emit roughly twice as much in 2030 as required for 1.5 degrees Celsius,” states the Climate Action Tracker.

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Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

The ease with which the virus can be spread, even by people who have never been to China, let alone Wuhan, was highlighted by a case in the United Kingdom. Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Telecommunications equipment.

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ESG, CSR, and Sustainability: how does your supply chain stack up?

Resilinc

These concepts can be hard to define and measure, and even harder to integrate into procurement. A small food or beverage brand, for example, can rely on suppliers’ certifications that their ingredients are “organic” or “fair trade.” Forced labor and modern slavery in supply chains are becoming larger concerns.

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Food Industry Trends for 2021

Unleashed

It’s become even more important that businesses navigate multiple supply chains with food manufacturing software. While tracing the origin of a food source and viewing transparent information about its manufacturing process has certainly grown over recent years – there’s no doubt the pandemic has sped up consumer demand for this.

Food 93
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The Top 15 Benefits of Ecommerce to Business

Unleashed

Purchases can be made while on the move, on impulse and in response to a particular need at that time. This will evolve as eCommerce technology does and the purchasing experience becomes more sophisticated and user-friendly. Despite this very clear benefit, only 38% of UK manufacturers in the study were eCommerce enabled.

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FIFO vs LIFO: Advantages & Disadvantages

Unleashed

FIFO assumes the items first purchased or first produced are the first items to be sold. Under the FIFO method, the inventory you have left at the end of your accounting period would be the items you’ve most recently purchased or produced. To better understand how they differ, let’s look at some real-life examples.

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3 Ways Warehouse Managers Can Respond to the Amazon Effect

RFgen

For example, a Logistics Viewpoints story guest written by industry expert Karen Sage explained that consumers increasingly expect free shipping within a day or two, one small response to Amazon’s business models. When major retailers are forced to reduce costs, the manufacturers that provide goods end up carrying those expenses.