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This Week in Logistics News (July 15 – 21)

Logistics Viewpoints

Seven years ago, I wrote that Cyberdyne Systems’ Skynet division was working on teleportation capabilities that will eliminate the need to wait for products to ship entirely. Nearly two thirds of the company’s carbon emissions come from ingredient sourcing, which is largely based in agricultural practices, according to the company.

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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

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Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. Planners in China rely on different data sources and operate with different business practices than those in North America. There’s a lot of flexibility required to model the variations and nuances.”

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Managing Logistics for The World’s Largest Company with Gary Sostack

The Logistics of Logistics

We found equipment and materials that can’t be sourced locally. Then, we buy and ship it to get oil out of the ground. I was involved with the procurement of equipment and materials. We once had to move a prototype oil rig from Texas to Saudi Arabia. We once had to move a prototype oil rig from Texas to Saudi Arabia.

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Trends 2023: Supply Chain

Enterra Insights

Freelance writers Michael Keenan and Kaleigh Moore report, “Data from the University of Texas–Austin suggests a simple improvement in ‘data usability’ can give some companies a 10% increase in revenue. Whether they realize it or not, consumers will be purchasing more recycled and refurbished goods in the coming years.”

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More Electric Vehicle Supply Network Moves

Supply Chain Matters

The Supply Chain Matters blog provides another update on ongoing strategic sourcing and operational developments occurring among electric vehicle focused supply and production networks. According to industry data, five of the six most sold vehicles in July were electric-powered models.