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The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. Compare this to the 9% returns rate of purchases made in-store. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019. In the U.S,

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

Supply Chain Digital Twins: Why You Need Them As supply chain disruptions seem to be here to stay (and increasing in amplitude), planners across industries are looking for ways to make more accurate planning decisions – and digital twins are a great tool for that. Big, clunky, siloed, and out-of-date data. In real-time.

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This Week in Logistics News (April 24 – 30)

Logistics Viewpoints

The figure includes Panasonic’s purchase of the remaining 80 percent of shares in Blue Yonder for $5.6 Applications are due by July 2021, with the program looking to reduce deforestation between 2022 and 2026. According to the American Trucking Association (ATA), almost 75 percent of all freight is transported by truck.

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The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

trillion by 2026, surpassing the current GDP of all European Union member states combined. BORIS – Buy Online Return In Store BORIS is another omnichannel fulfillment model where consumers can return their previously purchased online orders at nearby physical stores. A recent survey forecasts that retail sales will soar to $32.76

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Prior to Covid-19, 45% of consumers never considered the supply chain when making purchases. Chain Store Age ).

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Why Multi-Carrier Parcel Shipping Strategies Are Winning in 2022

The Logistics & Supply Chain Management Society

. * We’ve had many ups and downs since March of 2020, but one up that has continued its upward trend, is e-commerce purchase volume. Better sourcing processes, how to implement omnichannel fulfilment, and creative solutions for labour shortages. Budget for multi-carrier shipping software. Start early. You’ll thank us later.

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Megatrends (Possibly) Shaping Supply Chain Trends: Technology

The Logistics & Supply Chain Management Society

Almost 40% of Asia/Pacific manufacturers are still using spreadsheets to manage transportation, warehouses, and suppliers. Considering physical automation and the use of robotics, spending on robotics and drones has increased dramatically, and growth across the APJ region is expected to double from 2022 to 2026.