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Heppner purchases further German distribution businesses

Logistics Business Magazine

These acquisitions form part of Heppner’s international growth strategy, designed to strengthen the Group’s distribution capacity in Western Germany and increase its competitiveness in the French and German transport markets. “We are delighted to embark upon this new chapter between Heppner and our company. .

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5 lessons on how to improve local purchases in Bolivia

World Food Programme Logistics

Break the fear: get small producers and municipal authorities to know each other Over the past few years, Bolivia has advanced a great deal in terms of laws, norms and regulations to promote the purchase of products from smallholders. continues to be purchased from big food companies. and particularly processed food?—?continues

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How to Calculate Beginning Inventory and Why You Should Track It

Ship Monk

By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it. How to Calculate Beginning Inventory. Ending Inventory + COGS – Purchases = Beginning Inventory. Beginning Inventory + Purchases – COGS = Ending Inventory. however often you’re counting inventory.

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FIFO vs LIFO: Choosing How to Measure Inventory Costs

Stord

But that’s not how it works. Instead, inventory is purchased throughout the year, sometimes at different prices. Sometimes it’s purchased at a lower cost, sometimes at a higher cost. Here’s an example of how to use FIFO. Here’s an example of how to use LIFO. Let’s say Company X sells 75 inventory items in June.

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Distribution Center Robots: How Robots Continue to Power the Distribution Center

GlobalTranz

Spurred by the record-breaking growth of e-commerce and rising labor costs, robots can have a very positive impact in distribution centers when implemented correctly. Why Do Companies Fear Distribution Center Robots and Their Implementation? Anyone who has worked in a distribution center knows that exceptions arise constantly.

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How to Innovate Your Supply Chain Management: What You Need to Know

3PL Links

How to Innovate Your Supply Chain Management: What You Need to Know | Image Source: Axestrack Organizations must prioritize supply chain management and implement strategies to increase its efficiency if they want to compete in the market. How to innovate? Why is it important to apply innovation to the supply chain?

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Logistics Planning 2024: How To Carry out Logistical Planning for This Year

3PL Links

Image source: Flickr | Logistics Planning 2024: How To Carry out Logistical Planning for This Year Have you ever given the recent evolution of logistics any thought? Read also: How to Make Reverse Packaging Logistics More Efficient? How to carry out logistical planning for 2024? Why is logistical planning necessary?