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Supply Chain risks to retail profitability

Logistics Business Magazine

In a thoughtful webinar today digital freight forwarder Zencargo co-Founder, Richard Fattal, and Bis Henderson ‘s Louisa Hosegood debated the unprecedented pressures in the global supply chain this year and how they jeopardise retailer’s profitability. Reverse logistics and the management of returns has become even more important.

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The Top 6 Trends in Logistics Impacting Shippers in 2017

GlobalTranz

Today, the tech devices that entered the market in early 2016 are obsolescent, and more companies are looking for real-time data-driven decision making opportunities through the Internet of Things (IoT). As explained by Zvi Schreiber, CEO of Freightos, saving time for end users will be the cornerstone of all logistics operations in 2017.

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Why OmniChannel Solutions are Needed in Shipping & Logistics to Meet Consumer Demand

GlobalTranz

The push toward a more efficient, data-driven supply chain will result in more competition among companies. As companies take steps to achieve lower rates, by utilizing third-party logistics providers ( 3PLs ), the competition will further increase. E-Commerce & OmniChannel Solutions Continue to Drive Competition.

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Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

Collaboration is poised to enable better flow of information and resources in both directions for both parts of the supply chain, which will inherently lead to more efficient processes and data-based decisions. So, why do supply chain managers not take advantage of this data with respect to procurement? But, the divide continues.

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The (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer

GlobalTranz

At its core, the IoT serves as a way of gathering data and information about a process, but applications of the IoT can detect potential problems within a machine before the machine falters. For example, a subtle change in hydraulic pressure may still permit the machine to operate. Automated Data Transfers.

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4 Important Benefits of a Sustainable Reverse Logistics Strategy

GlobalTranz

However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). Basically, reverse logistics in the supply chain revolves around dealing with end-of-life, malfunctioning, or hardware upgrades.

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Wearable Technology in the Supply Chain: 3 Core Benefits

GlobalTranz

Well, this example shows how wearable technology in the supply chain was being used 3 and a half years ago in 2012. Today, wearables are becoming increasingly popular, and these devices have the potential to radicalize the typical supply chain in forward and reverse logistics processes. Speed and Accuracy.