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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. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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Will Consumer Goods Be Stronger from the Pandemic?

Supply Chain Game Changer

We all know and regularly purchase Fast-Moving Consumer Goods (FMCG, often also referred to as Consumer Packaged Goods, or CPG). But how has the pandemic accelerated changes in the way that consumers find and purchase these products? In some regions the lockdown period caused a boom in the purchase of FMCG products.

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Purchasing and supplier management. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. There is really nothing wrong with capturing a lot of metrics, especially with today’s powerful analytics software solutions to help.

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How Electra Implemented Precoro Soon After Establishment and Grew Ever Since

Precoro

Now Electra has offices in France, Belgium, and Italy, with Spain and Switzerland marking the next destinations on their expansion roadmap. Rémi Lelarge, the Head of Procurement and Logistics at Electra, shared their story of building a comprehensive procurement process with Precoro.

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Demand-Driven Transformation at Shell

Supply Chain Shaman

Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. The pilot went live in October 2017 in Spain, Italy, and Turkey and included the inbound materials planning managed by the planning service center in Krakow, Poland. The reason?

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How Microsoft & ThroughPut are helping Global Manufacturers increase Output during the COVID-19 Pandemic, and how every Operations Professional can help

ThroughPut

South Korea has reported the lowest number of new cases in 4 weeks , leading the way on the containment execution roadmap. Currently, in the advanced analytics space for supply chain, I have the flexibility to help eliminate bottlenecks for some of the world’s largest canals while also ensuring things end up on Mars in one piece.

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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. Thus, this metric needs to be seen in the company of other important inventory ratios.