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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. 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. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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The Backorder, April 10 2024

Unleashed

The Guardian reports that the Victoria Unboxed project will hope to eliminate invisible waste from supply chains by replacing cardboard produce boxes with reusable plastic crates. The latest ISM Manufacturing PMI report registered an unexpectedly high 50.3% That’s why AOV is an essential metric to improve. in March – up 2.5%

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Surviving an Economic Downturn in the Retail Sector

Enterra Insights

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. She explains, “There are signs that shoppers may be running out of gas.

Retail 130
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The Coronavirus Pandemic Rewarded Companies with Foresight

Enterra Insights

Journalists Sarah Nassauer ( @SarahNassauer ) and Jennifer Maloney ( @maloneyfiles ) report, “Nearly six months into the coronavirus pandemic in the U.S., billion this year, according to a June report from market research firm eMarketer. of total sales of over $45 billion, according to the company’s July 30 earnings report.”

Company 100
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8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing or valuation is an accounting concept that has a direct impact on your gross profit and thus taxable income. Methods of valuing inventory are simply different cost-flow assumptions about how to allocate your cost of goods available for sale. Why Inventory Costing is Important.

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An Ecommerce Guide to Dark Store: What It Is and How Does It Work?

ShipBob

That’s why many people love shopping at a local physical store; they can find what they’re looking for, make a purchase, and have it same day. These retail distribution outlets are not open to shoppers, which provides more space store inventory and accurately fulfill orders for customers.

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Spire and Gravity Supply Chain solutions helping restore flow of goods

Gravity Supply Chain

The reorientation, even reinvention, of the industrial supply chain over the past 50 years has transformed the way things are made: your toaster, your car, your computing devices, your food. Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. A world transformed.