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Mobile Inventory Management: Boost Efficiency with Real-Time Tracking

RFgen

Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members.

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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

Amazon Aims to Sublet, End Warehouse Leases as Online Sales Cool. Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. North American Transborder Freight up 23.8%

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Reducing Obsolete Inventory: A Practical Guide

SCMDOJO

Watch videos on SCMDOJO’s YouTube channel to learn more about inventory optimization best practices! They improve demand prediction accuracy, helplessly align production, and procure 14 forecasting methods that can be applied to a business for growth and future improvements. Click here! Click here!

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Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

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Online Procurement System: Guide to Choosing the Right Tool

Precoro

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

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The Strategic Importance of Global Procurement

Logistics Bureau

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

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Halal Cluster Network: Connecting regional halal clusters

The Logistics & Supply Chain Management Society

Supply chain execution is required to distinguish between the high runner purchases 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 having a clear overall plan for digital transformation. The Improved Way.