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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

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. The goal is to reduce or avoid one billion metric tons (a gigaton) of greenhouse gasses from the global value chain by 2030. Financial terms of the deal were not disclosed.

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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. Additionally, its strategic location in proximity to Germany, France, and the UK adds to its appeal.

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Roundtable Series: Scaling in a Compromised Supply Chain

Unleashed

Go back to their inventory and stock build and factor in this sort of possibility – alongside all the other supply challenges they’re facing these days. I think Sam’s really right,” Ben says, “in that the tendency in a lot of scale-ups is to chase sales metrics, and often supply can be a secondary thought. Three Spirits’ solution?

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Doing Business in Belgium

QAD

Belgium is bordered by France, Germany, Luxembourg and Netherlands, and has a robust shipping infrastructure including multiple ports, making it a perfect location for trade both within the EU and with other geographic regions. In fact, 23 percent of its GDP in 2017 went to investments in fixed capital and inventories.

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Zara also works with Air France, KLM Cargo and Emirates Air in order that they can coordinate directly with the airlines to make the outbound shipments to its stores and bring back some raw materials and semi-finished materials with return legs. Moreover, products can be shipped to stores in-time then lost sales is minimal.

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

AI will be able to survey an area or room and create an accurate inventory in seconds, including weights and volumes, and determine damage on items. Mobile apps can generate reports and monitor performance metrics. Companies can accurately forecast demand, timely order raw materials and manage inventory more efficiently.

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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

India led all other regions in overall PMI growth while Austria, Czechia and France were the bottom three contractionary conditions. Quicker declines in finished goods inventories and a softer reduction in pre-production stocks were noted. and France being 43.1. This metric bears continual observation in the coming months.