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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. The definition of agility and resilience will continue to evolve. Natural disasters. Geopolitical events. Tariffs and trade regulations. The rise of ecommerce. The growing influence of social media.

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The Year in Logistics: Most Popular Articles from 2020

Logistics Viewpoints

And 2020 was certainly quite the year in logistics. We want to take this opportunity to reflect on the Top 15 most popular logistics articles written this year and see what our readers found to be the most interesting. So, without further ado, here are the most popular logistics articles from 2020.

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Inventory Optimisation: How Much Stock is Right for Your Company?

Logistics Bureau

For example, if your cost of goods sold for 2020 was $250,000, and your average inventory on hand was worth $25,000, your inventory turnover ratio would be $250,000/$25,000 = 10, meaning your entire stock of that particular SKU turns over around ten times per year. Perhaps it’s time for your company to take a more scientific approach.

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Happy New Year: Here’s the 7 things shippers need to know about the Q1 2021 freight market

FLS Transport

It seems most everyone is ready to put 2020 in the rear-view mirror. 2020 will certainly be a footnote in all our lives. It will be one of those times where we say, “well, in 2020…”. And that definitely applies to the freight market. No one could have predicted the 2020 freight market. The 7 Things to Expect in Q1.

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Initiating a new national support approach – mobilising national logistics in the support of military operations

Logistics in War

An acceptable, modern, definition of national support might also be accompanied by clarity with respect to terms such as ‘force scaling’, ‘force expansion’, ‘mobilisation’, ‘surety’, ‘preparedness’ and even ‘strategic logistics’. [14] So too have a range of commentators, in an array of articles and across different media.

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How to be an Eco-Friendly Ecommerce Brand

Ship Monk

According to the Business of Sustainability Index , despite intense inflation since 2020, 66% of general US customers and 80% of young adult (ages 18-34) US customers surveyed in 2022 are willing to pay more for sustainable products/companies that embrace sustainable practices. Packaging waste is a definite problem in the ecommerce industry.

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

This article, which is focused on the different types of artificial intelligence used and the types of problems they are solving, is aimed at helping practitioners cut through the hype. It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.