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The Complete Supply Chain Acronyms & Abbreviations

Logistics Bureau

They handle activities like warehousing, distribution, and transportation for other businesses. 5 S (Sort, Set in Order, Shine, Standardize, Sustain) A workplace organization method originating from Japan. CTS Cost To Serve – A method to calculate the total cost of servicing a particular customer or product.

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

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Following the outbreak of Covid-19, 93% of senior supply-chain executives reported their intent to make their supply chains more flexible, agile, and resilient. Chain Store Age ).

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Top 20 Warehouse Automation Suppliers Worldwide

Logistics Viewpoints

ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. We define the market as those warehouse automation providers responsible for delivery of the system to the end-user (to eliminate double-counting). Looking back, I estimated the market in 2013 at $6.4 billion in 2019.

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Custom Build or Off-the-Shelf or a mix?

The Logistics & Supply Chain Management Society

She explained that she owned a Warehouse Management System, purchased a Proof of Delivery Software as a Service, implemented a licensed-to-use Accounting & Distribution System, deployed a customised online Order Management System and that she is struggling with fragmented data and documents across these systems.

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Lean Logistics: Improving Efficiency in the Supply Chain

Unleashed

This approach to supply chain management is a child of Lean Thinking – a business methodology that originated in Japan in the late 1980s. Requires less storage space Less inventory comes at a lower cost to keep around. This can only be achieved through data-driven inventory reporting. Identify waste Waste comes in many forms.

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This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

The kick-off to the 2020 Summer Olympics in Tokyo, Japan is just two weeks away, after being postponed last summer due to the Covid-19 pandemic. Earlier this week, a resurgent coronavirus forced Japan to declare a state of emergency in the capital that will run throughout the event. Rob Spilman Jr.,

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How Growing Consumer Demand is Reshaping Logistics

Elementum

As more people turn to the Internet to purchase products, industries are feeling the pressure to improve efficiency while ensuring customer satisfaction. In a recent investment research report, analysts noted that e-commerce sales will climb to over US $1 trillion by 2020 if the overall retail sector experiences even modest growth.