Logistics is a term that embraces a number of different elements, including the physical transportation or materials and parts, supply-chain process control, inventory management and quality control.
The December LMI reading, at 54.2 (a reading above 50 indicates growth is occurring), falling 1.5% from November’s 55.7 reading, representing the lowest rate of LMI expansion going back to April 2024.
Not a subscriber? Apply online today. Making sure the right amount of product is in the designated place and at the right moment can be tricky. One inbound shipment that comes in late, an incorrect ...
Analyst Insight: As supply chains become increasingly complex, the pace of change within the logistics industry is expected to accelerate at breakneck speed. To stay ahead of the curve, companies need ...
Logistics is the efficient flow and storage of products from their point of origin to the point of consumption. Operation planning, on the other hand, is the strategy employed by an organization that ...
Last week we looked at three major categories of hidden costs within the reverse logistics process. This week we’ll view three more, as well as discuss how to go about automating the process.
LONDON--(BUSINESS WIRE)--A well-known market intelligence company, Infiniti Research, has announced the completion of its latest success story on inventory management solution. The client, a logistics ...
Kimberlee Leonard has 22 years of experience as a freelance writer. Her work has been featured on US News and World Report, Business.com and Fit Small Business. She brings practical experience as a ...
Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...
LONG BEACH, Calif.--(BUSINESS WIRE)--MNX Global Logistics, a global leader providing expedited and cold-chain logistics solutions to the medical device and life sciences industry, announced today that ...
Forbes contributors publish independent expert analyses and insights. We cover topics in entrepreneurship, venture investing, and corporate innovation. The digitization of logistics management has ...
For many organizations, reverse logistics is a daunting task. After all, most supply chains are created to get products out the door, not welcome them back in. Online ordering has been made a simple, ...
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