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Editor’s Choice: It’s time for traditional inventory management to evolve!

Logistics Viewpoints

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.

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Four Things You Probably Didn’t Know About Inventory Planning and Sustainability

ToolsGroup

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Having the right inventory in the right location brings a variety of waste-reduction benefits.

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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

The joint press release points out the technology’s ability to build palletized loads of department-sorted inventory and its strategic role in supporting Walmart’s goal of modernizing its vast supply chain network and allowing the company to transform its regional distribution centers to provide faster responsiveness to store orders.

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The State of the Trucking Market in 2021

GlobalTranz

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Focusing on the?

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From Malls to Click-And-Collect: How Today’s Pace of Change Is Impacting Real Estate

Tompkins Blog

But can the pace of these changes affect the real estate industry in major ways? As rapid change takes place in online ordering and fulfillment for retail, consumer goods, distribution, and third-party logistics (3PLs), the needs for real estate space change too. You bet it can. Facts Behind Pace of Change.

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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. The six areas are energy use, nature, waste, packaging, transportation, and product use and design. The nationwide vacancy rate for industrial real estate was 3.2

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Facilities Are a Critical Part of the Enterprise Supply Chain Tech Stack. It’s Time to Start Managing Them That Way

Logistics Viewpoints

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.