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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Last night, I took my 13-year-old son to see the movie Air, which tells the story of how Nike pursued basketball rookie Michael Jordan in 1984 to sign with the company. That move, and Michael Jordan’s incredible talent and business acumen, has turned the Jordan brand into a multi-billion-dollar business. Inventories at U.S.

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Revealed: The Sectors Cutting Product Lead Times Fastest

Unleashed

It’s been a long two years for manufacturing and logistics businesses at the sharp end of rapidly-changing global events. Some moved from just-in-time to just-in-case, even if this meant more cash tied up in inventory and a higher risk of waste. So how did some businesses manage to reduce lead times in the face of so much uncertainty?

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5 things you need to know when moving from DTC to retail

crisp

For example, Jordan Buckner at Tea Squares was selling to a distributor for over a year before he realized there were a large number of product returns. Tracking and driving your product velocity is possibly the most beneficial thing you can do to be successful with your retail strategy. In fact, 70% of all promotions fail.

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[INFOGRAPHIC] 6 Logistics Industry Trends Set to Transform 2016 & Beyond

GlobalTranz

We have discussed how manufacturers are changing the landscape through surprising, innovative trends. Changes in manufacturing processes, which will increase production, lead to one ultimate result--the logistics industry must change. The Internet of Things Will Increase and Benefit Real Time Inventory Management.

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Walmart Supply Chain: What Makes It (Still) So Successful 

ShipBob

Among the many supply chain optimization strategies, the company places great emphasis on omnichannel — multiple channels available to its customers. They then began working directly with manufacturers and distributors to cut out the middleman to further streamline the supply chain. .

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COVID-19 accelerates four trends and changes within global supply chains

Proxima

2020 has introduced new logistical blueprints to follow and the push to get work done with fewer employees has grown exponentially as social distancing directives continue to influence the nation’s manufacturing. Sales and revenues are great, but there needs to be real confidence that you’ll get 20-30% returns,” Jordan continued.

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Three Mega Trends Driving Supply Chain Transformations

TMC

One of the main drivers behind increased supply chain complexity is that the line between manufacturing and retail is blurring. Today, we see both manufacturers and retailers making it easier for customers to order products and have them delivered directly to their homes. This post is credited to Jordan Kass.