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I threw in a healthy dose of interesting (globalization, shipping trends and the business of logistics), a dash of history (the evolution of longitude), a sprinkle of next generation manufacturing (lean manufacturing) and some great company success stories (FedEx, Walmart. I think you’ll like the list too. They drive powerful supply chains.
In 1971, researchers established the Terminal Interface Processor (TIP) for dialing into ARPANET from individual computer terminals. The ‘00s saw the launch of several companies that are still big names today, like Etsy in 2005, Shopify in 2006, and BigCommerce in 2009. By 2024, eCommerce sales are expected to overtake in-store sales.
One of today's trends to solve this problem is outsourcing logistics or using third-party logistics (3PL) to manage complex distribution requirements. If you are planning on implementing a 3PL partnership, read my tips about how to implement a 3PL game plan successfully…there are plenty within my blog from 2006 and 2005.
This means that they can plan for seasonal trends, promotions, and other factors that affect inventory levels. Tip: to gauge their level of service beforehand, all their customer service and talk to a representative. Your partner will also likely be your partner throughout the life of the auto-replenishment system and perhaps beyond.
The Tipping Point: How Little Things Can Make a Big Difference” by Malcolm Gladwell (Back Bay Books, 2002) Publisher’s Blurb: “The tipping point is that magic moment when an idea, trend, or social behavior crosses a threshold, tips, and spreads like wildfire.” Levitt and Stephen J.
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