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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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Consumer Credit, Generation Z, and the Consumer Packaged Goods Sector

Enterra Insights

Fortunately, the deep recession that many economists predicted didn’t emerge. Economics reporter Ann Saphir explains, “Americans borrowed more than ever on their credit cards in the [second quarter of 2023], with balances surpassing $1 trillion for the first time even as overall household debt loads were largely unchanged.

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The Cost of Supply Chain Sustainability Legislation?

QAD

The first World Sustainable Procurement Day was held this year on March 21. With the increasing focus on sustainability, I guess we should not be surprised that sustainable procurement now has its own day on the calendar. It’s often been reported that consumers have been the primary factor in pushing for change in this area.

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Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

One of my favorite supply chain leaders has a stack of Palantir reports in black binders on his desk. Kinaxis Purchase of Rubikloud. The purchase of Rubikloud by Kinaxis shows just how little the Kinaxis team knows about demand management. Kinaxis Purchase of Rubikloud. The Rubikloud acquisition was a $60M cash purchase.

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Reports of Easing Global Supply Chain Volatility in July

Supply Chain Matters

According to the July 2022 Global Supply Chain Pressure Index (GSPI) , compiled and published by the Federal Reserve Bank of New York , overall pressures reportedly declined once again in July. This index was reported as 1.84 reported for June, and 2.59 reported for May. PMI reports for July.

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NRF 2022: 4 Big Session Themes from Retail’s Big Show

ToolsGroup

In a bold move which bore resemblance to the fighting spirit of the retail industry as a whole these past two years, the National Retail Federation (NRF) Big Show 2022 went ahead as planned in New York City despite rising COVID cases and reduced attendance. Production-to-Purchase Retail and Supply Chain Planning.

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Documenting the Response of State Procurement Officers to the COVID Crisis

NC State SCRC

A number of the larger states were hit hardest early in the pandemic, including California, New York, Massachusetts, Texas, and Washington; many of the Mid West states didn’t feel the full wrath of the virus until later. 1] Simon J.