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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Simmons Foods Simmons Foods is a farm to fork poultry manufacturer.

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

And now on to this week’s logistics news. The retailer plans to double the number of sites in the coming years and currently operates more than 55 dedicated same-day sites across the U.S. A factory in Suzhou was the company’s main manufacturing site for its semiconductor test equipment, which it subcontracted to Flextronics.

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How to Use Data to Fuel Your Retail Reverse Logistics Strategy

GlobalTranz

How often do you think about your retail reverse logistics strategy? It’s easy to assume retail reverse logistics is solely based on returns. While this is partially true, all retail reverse logistics involve a backward flow of products that return to their origin.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Retailers know firsthand how quickly the market can change. That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs.

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Four Ways of Using Cluster Analysis in Retail Management to Improve Sales

Logistics Viewpoints

The retail industry is rich with data. There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use. Four Ways of Using Cluster Analysis in Retail. This is where advanced analytics and AI/ML techniques help.

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This Week in Logistics News (February 3 – 9)

Logistics Viewpoints

And now on to this week’s logistics news. Previously only available for Amazon’s first-party products and those of its retail vendors (which have a more traditional, wholesale-style relationship with the company), this represents a huge expansion given that FBA sellers account for the majority of the products sold on Amazon in both the U.S.

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What Are Retail KPIs? The Most Important Retail Metrics in 2023

ShipBob

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI?