Macys Streamlines Supply Chain Shuts Oklahoma Facility

Macys Streamlines Supply Chain Shuts Oklahoma Facility

Macy's announced the closure of its Tulsa, Oklahoma logistics center as part of its 'A Bold New Chapter' strategy. This strategic adjustment aims to achieve cost savings and optimize operations through supply chain modernization and efficiency improvements. The company is offering employees transition support and relocation opportunities. This move coincides with the development of new, automated logistics centers designed to enhance digital supply chain capabilities and better respond to evolving market demands. The restructuring is intended to streamline Macy's supply chain and improve overall operational agility.

01/28/2026 Logistics
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G7 Experts Outline Postquantum Crypto Roadmap for Finance Sector

G7 Experts Outline Postquantum Crypto Roadmap for Finance Sector

The G7 Cyber Expert Group has released a roadmap to coordinate the financial sector's transition to Post-Quantum Cryptography (PQC), addressing security threats posed by quantum computing. The roadmap proposes phased action recommendations, including risk assessment, strategy development, testing and validation, and information sharing. It emphasizes the importance of international cooperation to build a quantum-safe financial future. This initiative aims to proactively mitigate vulnerabilities and ensure the resilience of financial systems against potential quantum attacks, fostering a secure and stable global financial landscape.

Small Businesses Eye Chinas 8 Trillion Market Potential

Small Businesses Eye Chinas 8 Trillion Market Potential

Facing growth bottlenecks, SMEs often struggle with the perceived limitations of market size. This paper proposes redefining market boundaries by focusing on user needs rather than traditional product categories. The "Hidden Champions Program" empowers high-potential companies with annual revenues of 100-300 million RMB to break free from limiting mindsets and transition from regional leaders to global players. This approach helps unlock broader growth opportunities for the Chinese economy by enabling companies to identify and capitalize on untapped potential within redefined market landscapes.

Datadriven Inventory Management Could Unlock 15T in Supply Chains

Datadriven Inventory Management Could Unlock 15T in Supply Chains

This paper explores how data analytics techniques can be used to unlock the hidden $1.5 trillion inventory value within supply chains. By establishing real-time data streams, integrating multi-channel data, applying advanced analytics, and optimizing inventory strategies, businesses can transition from 'visible' to 'controllable' inventory management. This transformation enhances efficiency, reduces waste, and ultimately unlocks significant value. The focus is on leveraging data-driven insights to improve decision-making and create a more responsive and optimized supply chain for better inventory control and cost reduction.

China Mandates Thirdparty Verification for 16 Product Categories Under CCC Overhaul

China Mandates Thirdparty Verification for 16 Product Categories Under CCC Overhaul

The State Administration for Market Regulation announced that 16 categories of CCC-certified products will transition from self-declaration to mandatory third-party certification. This aims to strengthen product quality supervision, raise market access standards, protect consumer rights, and promote healthy industry development. Businesses should closely monitor the official catalog, stay informed about the new regulations, and prepare for the certification process. This change emphasizes stricter quality control and independent verification for these product categories, ensuring greater consumer confidence and a more reliable market environment.

NMFC Revisions Reshape 2025 LTL Shipping Industry

NMFC Revisions Reshape 2025 LTL Shipping Industry

The NMFTA will implement significant NMFC changes in Q1 2025, impacting carriers, shippers, and 3PLs. To ensure a smooth transition, the NMFTA will host listening sessions and workshops to help stakeholders understand the details and develop coping strategies. The changes aim to simplify the NMFC, improve efficiency, reduce friction, and introduce density-based pricing. Shippers should proactively prepare to capitalize on the opportunities and gain a competitive edge. Understanding the implications and adapting accordingly will be crucial for navigating the evolving landscape of LTL shipping.

02/03/2026 Logistics
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2025 LTL Freight Rule Changes to Impact Businesses

2025 LTL Freight Rule Changes to Impact Businesses

The NMFTA will implement significant NMFC adjustments in 2025, impacting carriers, shippers, and 3PLs. To ensure a smooth transition, the NMFTA will host listening sessions and webinars, focusing on key issues such as simplifying classifications, improving efficiency, and density-based pricing. Businesses need to closely monitor these changes to better manage LTL freight costs. The updates aim to streamline the process and potentially alter how freight is classified and priced, making it crucial for companies involved in LTL shipping to stay informed and adapt their strategies accordingly.

02/03/2026 Logistics
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EPR Policies Drive Sustainable Business Growth Worldwide

EPR Policies Drive Sustainable Business Growth Worldwide

The Extended Producer Responsibility (EPR) system is emerging as a key driver for corporate green transition. It mandates companies to bear environmental responsibility for the entire product lifecycle, promoting resource recycling and reducing environmental risks. Companies should deeply understand regulations, improve product design, establish recycling systems, and conduct continuous monitoring and reporting. By doing so, they can transform EPR into an opportunity for sustainable development, fostering a circular economy and minimizing their environmental footprint. This proactive approach ensures long-term competitiveness and contributes to a healthier planet.

Chinas B2B Sector Transforms As Aidriven Factories Rise

Chinas B2B Sector Transforms As Aidriven Factories Rise

A 1688 report forecasts the AI-driven transformation of China's industrial clusters, highlighting the era of "AI symbiosis." Second-generation factory owners are leading this transition, leveraging AI to boost sales. Facing fragmentation and non-standardization, the B2B industry sees AI2B as the foundation for upgrading. Eastern regions lead, Central regions experience rapid growth, and Western regions see broad expansion, with Yiwu demonstrating the highest AI application activity. AI empowers industrial belts, reshaping the B2B landscape. This signifies a significant shift towards AI integration in traditional industries.