Why Retailers Need Better Inventory Management
Many of the retailers in my city are constantly out of stock on items, which results in me ignoring their “sales” since they never actually have anything in stock.
In 2021, 7.4% of retail sales were “lost” due to items not being in stock.
That’s why inventory management is crucial
China Looking to Boost Trade Business
We’ve wrote about how global demand for goods has decreased resulting in lower trade transactions. On top of that, with manufacturers diversifying away from Chinese manufacturing, China is on a mission to boost trade.
CN Rail Expands to Mexico
Canadian National Railway (CN Rail) rolled out a shipping service that will transport cargo from Canadian ports to Mexico, which is Canada’s third-largest trading partner.
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