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The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

This blog delves into essential acronyms and abbreviations, from BOPIS to WISMO, that are pivotal for optimizing supply chains and elevating customer satisfaction. In a way, this model is a win-win as it saves return logistics costs for retail businesses. How to Improve Fleet Utilization?

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Emerging Trends Around Last-Mile Delivery Fulfillment Models 2022

Locus

Similarly, today’s emerging last-mile delivery fulfillment models seemed like a gamble for businesses when it started a decade back but are essential for a profitable business plan today. Being a retailer, the ultimate question on your mind would be, “How to deliver goods quickly and seamlessly while minimizing costs?”.

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Data, Optimization Key to Eco-friendly Supply Chain, Experts Say

Blue Grace Logistics

Data and optimization can improve efficiencies in supply chains, save shippers money and reduce greenhouse gas emissions, according to logistics experts who shared insights last Friday in honor of National Supply Chain Day. “In Opportunities for optimization. Space in trucks. What is preventing widespread optimization?

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What are Digital Twins and How Can They Drive Warehouse Efficiency?

Logistics Viewpoints

How the digital twin concept drives benefit By using advanced analytics and machine learning algorithms, digital twins can provide real-time insights and recommendations to optimize operations, reduce costs, and increase productivity. Physical change (i.e., changing the structure of the warehouse, modifying processes, etc.)

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Supply Chain Optimization: Everything You Need to Know

Bringg

Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. What is supply chain optimization? . Optimizing this process allows it to function at peak efficiency. Best practices for supply chain optimization . Optimizing Your Supply chain network .

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How to Select a 3PL with Joe Lynch and Adam Robinson

The Logistics of Logistics

. Understand the 3PL Business Models – Asset based, Non-asset based, Asset light. Asset based 3PLs own physical assets like trucks, planes, warehouses, etc. Truck availability is not a problem. This is a relatively new model and is considered superior to the other models (asset based & non-asset based).

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Shipping container shortages and how to better manage your inventory

EazyStock

Businesses around the world continue to be affected by longer lead times, which are made worse by global lockdown regulations and staff and truck driver shortages. While some companies are repurposing containers or reusing older models, ports in the US still have backlogs and congestion as well as staff shortages.