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Five-Year Study Showcases the Benefits of US Foreign-Trade Zones

QAD

If a US company wants to manufacture onshore, they’ll likely still import many parts overseas. Once again, because an FTZ is considered outside the US for duty purposes, a company assembling or manufacturing products within an FTZ does not pay duties on the parts it imports. For many products, this can result in significant savings.

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Overcoming Supply Chain Challenges in the Beverage Industry 

Logility

Better long-term planning, supply planning, and just-in-time logistics are essential to address beverage industry supply chain challenges. Major can manufacturers also cater to large companies, such as Coca-Cola and PepsiCo. This means that smaller manufacturers were left out in the cold. And there’s no end in sight. . •

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Trends 2023: Supply Chain

Enterra Insights

It is not just US tool manufacturers that are affected. The goal is to set China’s chip manufacturing industry back by at least a decade.”[4] the Mississippi River is seeing falling water levels, which has resulted in a log-jam of over 100 vessels. Inventory Confusion. And in the U.S., ” Trend 4. ”[6].

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This Week in Logistics News (October 14 – 20)

Logistics Viewpoints

And now on to this week’s logistics news. The new program reduces the time it takes to fulfill an order by up to 25%, the company said, and it can identify and store inventory up to 75% faster. The post This Week in Logistics News (October 14 – 20) appeared first on Logistics Viewpoints. That’s all for this week.

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What is Supply Chain Compliance and Why is it Important?

AB&R

In addition, several agencies such as the Food and Drug Administration (FDA) require unique device identifiers (UDI) usually in the form of barcodes to contain information such as manufactured date and lot number to provide traceability. Mississippi. District of Columbia. Massachusetts. New Hampsire. New Jersey. New Mexico.

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Justifying Investments in Risk Avoidance

MIT Supply Chain

To fight the phenomenon, Sun hired escorts for trailers carrying high-value Sun gear and monitored logistics personnel to reduce inside-job leaks of information about these shipments. The strategy incurs higher costs in terms of capital expenditures, labor, and inventory, but the payoff is superior service.

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This Week in Logistics News (January 29 – February 4)

Logistics Viewpoints

And now on to this week’s logistics news. Sam’s Club rolling out inventory accessory for cleaning robots. Earlier this week, FedEx announced a partnership with eight historically Black colleges and universities (HBCUs) to build a pipeline of logistics and supply chain professionals. UPS Q4 earnings jump 35 percent.