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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

One day, a product is flying off the shelves, and the next, it’s gathering dust. 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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2020 Requires Big Wings and Feet

Supply Chain Shaman

Next year’s conference will be on September 8th-11th in Franklin, TN, south of Nashville, TN. The design of the conference includes tours of several modern warehouses and centers of excellence. The budget is for a fiscal year with quarter reporting and updates. Here are nine considerations: #1 S&OP Budget Constraints.

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It’s Not Too Early to Prepare for Holiday Returns, Part Two

Enterra Insights

The bane of e-commerce is the large percentage of purchased items that are returned. As noted in the initial installment of this article, Elise Dopson reports, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[1] Get Consumers to Keep What They Purchase.

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Inventory Management KPIs: Tracking What Matters Most

ShipBob

That’s why it’s crucial to track inventory management KPIs consistently. . In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . Not sure what those metrics are? Cost per unit. Inventory turnover rate. Backorder rate.

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The Beginner's Guide to Inventory Control and Management

Supply Chain Opz

What is Sales and Operations Planning (S&OP)? Sales and Operations Planning (S&OP) is becoming an integral part of inventory control and it's being accepted by academia. What is Inventory Cost? It's sometimes called Holding Cost When we assemble all cost data, we can know proceed to the next step.

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IoT Benefits for Supply Chain Operations

Enterra Insights

.”[3] Not only does this allow enterprises to maintain more control over their inventory, the sensors can be used by other stakeholders as well, such as, collaborative robots — or cobots — now being used in many warehouses. The Thomas staff reports, discrete manufacturing accounts for the largest proportion of IIoT spending.

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Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management. Your competitors are shipping orders at a faster rate than your warehouses can achieve. Your competitors are shipping orders at a faster rate than your warehouses can achieve.