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.

01/29/2026 Logistics Industry Insights
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RFID Tech Boosts Efficiency Safety in Blood Bank Management

RFID Tech Boosts Efficiency Safety in Blood Bank Management

This paper analyzes the increasing popularity of RFID technology in blood management. Using Guangdong ChuanYue Medical Technology Co., Ltd. as an example, it illustrates the advantages of RFID technology in improving blood management efficiency, enhancing security, and promoting the intelligent development of blood stations. The paper also points out the challenges faced by RFID technology applications and its future development direction, emphasizing its important role in safeguarding people's health. It highlights how RFID streamlines processes, reduces errors, and ensures the safe and efficient tracking of blood products from donation to transfusion.

01/29/2026 Logistics Industry Insights
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USA Cycling Adopts Saas WMS for Global Gear Management

USA Cycling Adopts Saas WMS for Global Gear Management

USA Cycling faced challenges in managing event equipment. By implementing RedPrairie's (now Blue Yonder) SaaS WMS, they achieved comprehensive tracking and management of their equipment. This resulted in significant improvements in efficiency, reduced losses, and enhanced service quality. This case study demonstrates the potential of SaaS WMS in improving organizational operational efficiency. The WMS solution allowed for better visibility and control over inventory, ensuring that the right equipment was available at the right place and time, ultimately contributing to a smoother and more successful event experience.

01/30/2026 Warehousing
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Intel Adopts AI for Inventory Management Replacing Traditional Methods

Intel Adopts AI for Inventory Management Replacing Traditional Methods

Intel successfully transitioned its inventory management from relying on 'rules of thumb' to a data-driven approach by introducing a 'multi-echelon inventory optimization' algorithm model. This significantly reduced inventory investment and improved demand fulfillment rates. The model automates inventory target calculations, freeing up planners to focus on more complex issues. Intel's practice provides valuable insights for other companies, demonstrating the immense potential of algorithms in optimizing inventory management. This shift led to more efficient resource allocation and improved overall supply chain performance.

01/29/2026 Logistics Industry Insights
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Gambia Revenue Authority Boosts HR Management with WACAM Support

Gambia Revenue Authority Boosts HR Management with WACAM Support

With support from the WACAM project funded by the Swedish government, the Gambia Revenue Authority (GRA) pioneered the implementation of the WCO's competency-based Human Resource Management approach in West and Central Africa. A WCO expert team conducted a comprehensive review of GRA's key HR management tools, providing recommendations for improvement and an implementation plan. Modernizing HR management at GRA will enhance tax administration efficiency, optimize taxpayer services, and foster regional cooperation. This initiative marks a significant step towards improved governance and revenue collection in the region.

01/30/2026 Customs Knowledge
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Shipping Industry Adapts Container Leasing and Yard Management Strategies

Shipping Industry Adapts Container Leasing and Yard Management Strategies

This article provides a comprehensive guide to shipping container selection, leasing, and depot handover, helping businesses optimize logistics and achieve cost reduction and efficiency. It covers common container types, leasing options, cost structures, and depot handover processes and considerations. The aim is to empower businesses to navigate international trade more effectively. This guide helps businesses understand the nuances of container selection based on their specific needs, choose the most suitable leasing arrangement, and efficiently manage the container handover process at the depot, ensuring smooth operations and minimizing potential delays or unexpected costs.

02/02/2026 Logistics Encyclopedia
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8 Practical Tips to Improve Freight Forwarding Sales Efficiency

8 Practical Tips to Improve Freight Forwarding Sales Efficiency

This article outlines 8 practical tips to enhance cargo solicitation efficiency in the freight forwarding industry. These include sincerity and enthusiasm, competitive pricing, consistent client care, strong customs relationships, document handling skills, collaboration with shipping companies, support for manufacturers without import/export rights, and partnerships with insurance companies. Implementing these strategies will help freight forwarders build strong client relationships, improve service competitiveness, and achieve sustainable business growth.

07/21/2025 Logistics
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Air Cargo Delays Mitigation Strategies and Shipper Rights

Air Cargo Delays Mitigation Strategies and Shipper Rights

Air freight delays are a common risk in the supply chain. This paper analyzes the causes of these delays and emphasizes the importance of timely communication, risk contingency plans, and purchasing insurance. It also recommends selecting reputable airlines to protect the interests of both cargo owners and freight forwarding companies. Addressing these factors can mitigate the impact of potential delays and ensure smoother cargo transportation.

07/25/2025 Logistics Encyclopedia
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Rising Risks in LCL Shipments Prompt Calls for Better Cargo Protection

Rising Risks in LCL Shipments Prompt Calls for Better Cargo Protection

LCL cargo inspection involves uncertainty due to potential issues with other goods in the same container. Choosing a reliable freight forwarder, accurate declaration, providing detailed documentation, and purchasing cargo insurance are crucial for mitigating risks. Careful operation is essential to ensure cargo safety. The uncertainty of LCL inspection can be affected by other cargoes in the same container, so choosing a reliable freight forwarder is very important.

08/23/2025 Logistics Encyclopedia
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Shenzhen To Las Vegas Air Freight Cost Analysis

Shenzhen To Las Vegas Air Freight Cost Analysis

This article provides a detailed analysis of air freight costs from Shenzhen to Las Vegas, with rates ranging from 39.5 RMB/kg to 95.5 RMB/kg. The quoted prices include fuel surcharge and war risk insurance, while additional fees, such as customs clearance fees, are to be paid separately. It is recommended that customers confirm with customer service before booking to select the best transportation option.

07/24/2025 Logistics
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