The Logistics Managers' Index (LMI) rebounded strongly to 60.7 in June, indicating a recovery trend in the global logistics industry. This increase was driven by fluctuations in inventory levels and transportation prices. However, there are still uncertainties about whether future demand can be sustained, influenced by trade policies.
The Logistics Manager's Index (LMI) for June highlights a recovery in the logistics sector, reaching 60.7 after two consecutive months of growth. Rising inventory levels and costs are key driving factors. Additionally, warehousing capacity has entered contraction territory for the first time, indicating a landscape where challenges and opportunities coexist.
The Logistics Management Index (LMI) reached 60.7 in June, marking two consecutive months of growth and indicating strong market vitality in the logistics sector. Inventory levels have increased significantly, while transportation capacity and price fluctuations have also entered a period of tension. There remains uncertainty regarding the future direction of market demand.
Since March 2023, Amazon has implemented a new FBA storage capacity management policy, unifying replenishment and storage limits. IPI scores are assessed monthly, and Amazon provides storage forecasts and opportunities to request additional capacity. Sellers need to pay close attention to their IPI scores, accurately forecast sales, and leverage the new rules to optimize inventory management. This includes understanding how the IPI score impacts storage limits and utilizing available tools for forecasting and capacity requests to avoid storage overage fees and maintain healthy inventory levels.
This article analyzes the current exchange rate for converting 10 USD to Indian Rupees, presenting the latest market trends and reasons for exchange rate fluctuations. It aims to help readers understand the practical aspects and techniques of currency exchange.
This article discusses the classification of different types of inventory in warehouse management, including physical inventory, available inventory, inbound inventory, in-transit inventory, vendor inventory, customer inventory, and line-side inventory. Understanding these classifications helps improve the accuracy of procurement and production, reduces duplicate costs, and enables scientific warehouse planning. Clear inventory information is crucial for the success of a business.
This article explores the key role and implementation strategies of Just-in-Time (JIT) inventory management in logistics. It focuses on adapting to market demand fluctuations, saving resources, reducing costs, and enhancing logistics efficiency. The article emphasizes the need for enterprises to deeply integrate the JIT concept across all departments, strengthening collaboration and coordination to achieve efficient operations.
Drone technology is providing innovative inventory management solutions for the warehousing and logistics industry, significantly enhancing efficiency and reducing error rates. By enabling real-time data acquisition and automated checks, drones make inventory management more precise and effective compared to traditional methods. In the future, investing in drones will become a crucial avenue for improving corporate competitiveness.
This article delves into the rules and considerations of Amazon's FBA fulfillment program, emphasizing the general recommendation against splitting shipments. It offers advice on logistics choices and tracking for self-fulfilled sellers. The article elaborates on three key aspects of FBA fulfillment: shipping time, cost accounting, and replenishment strategies. It also addresses how to handle discrepancies between planned and actual shipment quantities. The aim is to help sellers optimize their fulfillment strategies and reduce operational risks by understanding these critical elements of FBA.
This article addresses the issue of lost inventory that Amazon sellers might encounter during the year-end promotional season. It details several scenarios where sellers can file claims with Amazon, including warehouse inventory damage or loss, receiving discrepancies, buyer returns not returned to inventory, and incorrect shipping fees. The article also lists the key information required for claims, provides the claims process, and offers practical advice on preventing lost inventory. The goal is to help sellers minimize losses and protect their rights.
