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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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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Supply Chain Matters provides a further installment in our global supply chain assessment in the highlights on reported December 2023, Q3-2023, and full year global and regional production and supply chain PMI indices. With the December 2023 report, global PMI levels have remained below the 50.0 The reported December value of 47.9

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How to Sell CBD Online: Information and Tips on Selling CBD From Home

ShipBob

The rest of this article provides general information on shipping CBD products. From that information, build a list of products that you know are legal for you to sell and stick with your regular inventory to avoid any legal mishaps. Registration usually costs about $100 in most cases. Products contain <0.3% What is CBD?

How To 98
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At 20Cube we go that extra mile

20Cube Logistics

20Cube goes the extra mile for our clients using managed services for logistics in Melbourne, Malaysia, China, Germany, and Italy. MyHub automatically adjusts your forecast if there are any changes at any point with your inventory, production, or shipping. What if we dove deeper?

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How Europe is Coping with Supply Chain Disruption

Jaggaer

Define your procurement response strategy. Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online. To further reduce costs, many buyers rely on just one supplier for certain categories of spend.

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The Top 15 Omnichannel Retail Trends to Watch in 2022

ToolsGroup

With Google reporting that omnichannel shoppers have a lifetime value that is 30% higher than those who only shop via one channel, getting your omnichannel strategy right is critical to creating a customer experience that drives profitability. . Buying products in-store, then having them shipped to their homes. Inventory Visibility.

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What is Order Fill Rate and Why Should You Care?

EMERGE App

As a small business owner of a wholesale or distribution business , there are so many metrics that you can apply to your business to assess your relative performance. The order fill rate is one such metric that you need to pay attention to. A satisfied customer will see all or most of their orders fulfilled and shipped immediately.