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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. Target has been testing high-capacity van routes at Dallas and Minneapolis sortation centers. And now on to this week’s logistics news.

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The Great Store Redo

Cathy Roberson

In four of its Minneapolis test stores, Best Buy reduced the shoppable square footage to 15,000 square feet to provide more space for fulfillment. Supply Chain Implications Smaller stores typically mean less inventory. Hence, investing and utilizing a good inventory management system will be critical. The key here is fast.

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Crime is Adding to Supply Chain Woes

Enterra Insights

If retailers didn’t have enough to worry about with the pandemic, inventory issues, and labor shortages, a new type of organized crime has been added to their plate. Thieves had broken into the train cars and made off with items shipped by Dr. Martens, Harbor Freight Tools, and small businesses alike. Retail Smash-and-Grab.

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This Week in Logistics News (May 8-12, 2017)

Talking Logistics

Target to test next-day delivery service in Minneapolis (Reuters). March 2017 Freight Transportation Services Index (TSI). Could it develop the necessary technology to manage inventory and shipments across many disparate partners and get the warehouses to use it? Amazon cuts free shipping minimum to $25 (Reuters).

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A Complete Guide to Zone Skipping Logistics Strategy

ShipBob

Zone skipping is a shipping strategy that involves consolidating parcel or freight loads based on region and then sending them out in a single shipment. For instance, say it costs $10 to ship one package from Philadelphia to Minneapolis. What is zone skipping? Shipping 2,000 individual packages would end up costing you $20,000.

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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.