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The Importance of Inventory Accuracy After COVID-19
Once the COVID-19 pandemic subsides and doors reopen, apparel and footwear retailers say their main concern is inventory accuracy—even over improving online order fulfillment and managing returns, according to a survey by SML RFID, an enterprise software solutions provider. Retailers have more inventory than ever throughout their supply chains, and with staff being furloughed and […]
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Tailoring Apparel Supply Chains for the Future
Apparel brands and retailers can use the COVID-19 crisis to take stock of existing business models and create more stable and sustainable supply chains for the future, finds GlobalData. Fashion retailers in key consumer markets across Europe and North America fight for survival as stores close, sales slump, and inventories mount. For many, the response […]
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Big Wheels Keep on Turnin’
Trucks continue to move—in many cases faster than usual—to respond to the demands placed on the industry by the COVID-19 pandemic, according to new data from the American Transportation Research Institute (ATRI). For example, at the intersection of I-85 and I-285 in Atlanta, known locally as Spaghetti Junction, afternoon rush-hour truck speeds are typically slower […]
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Global Trade Goes Digital
Freight forwarders and shippers can book sea, land, and air cargo shipments to and from anywhere in the world with the rollout of DP World’s online logistics tools and services. The company accelerated the launch to help shippers navigate the COVID-19 crisis and keep trade—particularly essential food and medical supplies—flowing. The new digital trade and […]
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Sorting Out E-Commerce Priorities
E-commerce capabilities and technology have been vital to shippers’ success during the pandemic, finds a report from Kenco. Of the supply chain professionals responding to the survey, 90% say visibility technology is a “priority.” Other highlights from the report reveal: 24% of respondents say e-commerce is extremely important and their top priority, and 41% say […]
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Goodbye NAFTA, Hello USMCA
It’s all systems go for the United States-Mexico-Canada Agreement (USMCA) to take effect now that all three participating countries have taken the final steps necessary to comply with the commitments. According to the agreement, the USMCA is to enter into force on the first day of the third month subsequent to completion of these final […]
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Digital Health Tools Can Keep Workers Safe and Preserve Privacy
Digital tools that confirm a person’s health status can create safe work environments while also protecting personal privacy as businesses and supply chains recover from the COVID-19 disruption, according to MIT professor Alex “Sandy” Pentland, who is working on this issue with the United Nations and Club de Madrid, a consortium of former democratic presidents […]
Read MoreRetailers: It’s Time to Act
While 43% of retailers say they’re taking aggressive action to mitigate the effects of COVID-19, 38% are taking only some action, and 19% are taking a wait-and-see approach, according to Digital Commerce 360. Retailers need to take significant action, however, to address the following five issues, says the research company: 1. Consumer confidence: 97% of […]
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China’s Road to Restoration
After reporting no new cases of COVID-19 in March 2020, people are going back to work in China—but companies still face a slow return to production. Not only do China’s original equipment manufacturers (OEMs) face many challenges in resuming their production capacity, but global manufacturers also feel the impact of shortages in their supply chains. […]
Read MoreHow Shippers Are Handling COVID-19
Shippers are quickly responding to the COVID-19 outbreak, according to a survey by Echo Logistics. Shipping volumes demonstrate the resilience of companies and their ability to produce essential products during disruption, and highlight the important role transportation plays, according to Echo. Shippers’ responses shifted during just a two-week period: 28% of shippers said the virus […]
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