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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. For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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Case Study: Ewellix

Procurement Academy

With 65 learners based in countries including Sweden, Bulgaria, France, Switzerland, Germany, the US, Taiwan and China, they have some challenges to overcome. After implementing several new procurement processes, Group Director Purchasing, Nicolas Robardet, identified a number of competencies which required development within the team.

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7 Things To Consider For Efficient Spare Parts Management

SCMDOJO

By having the correct parts on hand, you can avoid costly downtimes and disruptions, ultimately reducing operational costs. Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Let’s explore the key strategies to ensure your maintenance operations run smoothly.

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Accelerate Digitisation in the Supply Chain – Leveraging a Data-driven Approach to Optimisation – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Their scalable solutions have proven to help companies reduce their logistics costs and optimize their supply chains. Tracking the inventory and reorder point gives organizations complete control over their stocking policies is one of the many functions that it deploys.

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Who said supply chains are boring?: AMR's Top 25 Highs and Lows

Supply Chains Rock

Its become almost an annual ritual, similar to the Fortune 500, the top billionaires and the AMR Top 25 Supply Chain report. This article in MarineLog reported that "Toyota had to rent a boat in Sweden to store 2,500 extra cars from inventory.". Wednesday, June 03, 2009. AMRs Top 25 Highs and Lows. Christopher Sciacca.

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Freeports: The 2022 Guide

Unleashed

We answer all these questions and more – including how inventory management software will help you manage your supply chain for your freeport warehouse or factory. This helps to improve cash flow cycles and facilitate just-in-time inventory control. In this 2022 guide to freeports: What is a freeport?

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RS Group completes acquisition of Distrelec

Synovos

Distrelec serves approximately 180,000 customers across 19 countries, significantly expanding RS’s presence in continental Europe, especially in Germany, Switzerland and Sweden. RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2023 reported revenue of £2,982 million.

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