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

Logistics Viewpoints

technology from helping China’s military. In some cases, shoppers can send back different items than the ones they bought, return stolen items or claim a purchase never got delivered when it really did. percent year-on-year decline in cargo ton miles to 1.8bn, although this metric increased by 9.5 Retailers estimate 13.7

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. Doing this, increases the benefits.

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The Secret to Rapid Digitisation: A Dual Platform Strategy

The Logistics & Supply Chain Management Society

While a monolithic enterprise platform is no longer useful in today’s network-based world, it can still play an important role in aggregating and reporting the financial performance processes of the enterprise. Some other radical improvements that have been achieved include: Reducing supplier expediting costs by 60%.

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Best Logistics Management Software: Everything You Need to Know Before Making a Purchase Decision

ThroughPut

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. Before the 1950s, logistics was perceived in purely military terms. Logistics has, however, come a long way.

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Technology and the Changing Nature of Logistics

Enterra Insights

It spans the purchase of raw materials to the final delivery of the merchandise to the customer, including the intermediate processing of the goods. Which data metrics are most relevant to your demand forecasting? The South Florida Reporter offers four tips for perfecting your logistics and supply chain[7]. ”[1]. .”[3]

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Best AI Tools for Supply Chain and Logistics: The Ultimate Guide for 2024

ThroughPut

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. The platform primarily helps predict demand and improve customer experience.

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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Additionally, the advancements and constant changes in technology and analytics play a huge role in supporting the success or failure of a modern day supply chain. As if this wasn’t enough, transportation costs are rising and forcing companies to constantly adjust and optimize. In a lot of situations, this is not the case.