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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. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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This Week in Supply Chain Management Tech September 8 2022

Supply Chain Matters

Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 Co-founded in 2017 by CEO Kevin Frechette, COO Tarek Alaruri, and CTO Victor Kushch, the company is headquartered in Boston, Massachusetts and has offices in New York and Poland. Expands C-Suite Amid Increased Technology Demand.

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The Key Coffee Industry Trends For 2021 & Beyond

Unleashed

The International Coffee Organisation’s (ICO) Coffee Market Report of September 2020 showed that global production is down 2.2% This figure includes tea and some other food products, due to restrictions in the available data. compared to last year, with Arabica in particular dropping 5%. Revenue is down 18.9% Source: Statista.

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Interoceanic Passages

Abivin

Major routes also involve the transport of raw commodities, including petroleum, grains, minerals, and food items. The Suez Canal Company's shares were purchased by Great Britain in 1874, making it the sole owner. It makes it possible for Germany, Poland, the Baltic States, and Russia to participate in international maritime shipping.

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