article thumbnail

Inventory and Inflation

Enterra Insights

The irony of excess inventory. In the grocery sector, for example, correspondents from the New York Times observe, “[Grocery shoppers] doing their weekly runs to grocery stores [are finding] some items that used to be plentiful have been missing for months.”[2] Excess inventory was also caused by the Bullwhip Effect.

article thumbnail

This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

And now on to this week’s logistics news. Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. Average worldwide costs of shipping a 40-foot container rose 23% in the week through Jan. East Coast.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding the Shipping Container Shortage!

Supply Chain Game Changer

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. Over a year into the pandemic, supply chain professionals continue to perform heroics as the challenges continue to mount – both from new disruptions, and from knock-on effects from those that have come before. Subscribe Here!

Shipping 105
article thumbnail

This Week in Logistics News (January 6 – 12)

Logistics Viewpoints

And now on to this week’s logistics news. In 2023, Amazon experimented with new logistics strategies and technologies to quickly fulfill and deliver orders, and these changes paid off big. Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce.

article thumbnail

Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

article thumbnail

This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

And now on to this week’s logistics news. 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. general merchandise stores expanded 1.2

article thumbnail

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. Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The truck driver shortage continues to be a hurdle for the industry.