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A successful ad campaign and a couple of good PR placements cause a hockey stick rise in demand and revenue. Life is good. But then a cell phone rings at the quarterly “we hit our numbers” meeting and the CFO suddenly trades his champagne glass for a cup of coffee. It’s the warehouse.
The pandemic triggered an accelerated pace of digital transformation throughout the industry. But, as the pandemic wanes, the need for digitization will continue in order for companies to remain competitive.
Observers, fleets say taking control of your own risk now, if you're an owner-operator, or assisting your drivers to do so if you're a small fleet, might go a long way toward heading off such regulation if/when it comes.
Written by John Willman. During a routine doctor’s visit, I was alerted to an insurance issue with my policy. I was being advised that although my physician was an “in-network” provider according to my insurance, the clinic where I had my exams was considered “out of network”. As a result, I would now have to pay $250 upfront on any future appointments.
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How was BD Biosciences successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
If you haven’t already noticed, cold chain logistics is currently a hot topic. The demand for fresh products and quality supply chain processes are at an all-time Recognizing these trends and taking action will help you fulfill your customer’s needs. Let’s look at five trends going on in the cold chain industry. 1. An Increased Demand on Quality Products.
Looking within a short-term horizon, the outlook for container shipping over the next 2-3 months appears relatively well-known, although certainly not well-liked by shippers. In essence, we will continue to see a situation of bottleneck problems, capacity shortages and high pressure on rates. This is, hopefully, not a surprise to anyone now. But what happens if we look beyond this horizon and try to contemplate the market situation in the second half of 2021 as well as into 2022?
Looking within a short-term horizon, the outlook for container shipping over the next 2-3 months appears relatively well-known, although certainly not well-liked by shippers. In essence, we will continue to see a situation of bottleneck problems, capacity shortages and high pressure on rates. This is, hopefully, not a surprise to anyone now. But what happens if we look beyond this horizon and try to contemplate the market situation in the second half of 2021 as well as into 2022?
Truckload rates have a significant impact on the industry, whether intermodal or single-lane shipping modes get utilized. Full truckload (TL) and less-than-truckload (LTL) are popular methods that shippers use to move goods and products from one point to another. The transportation of freight not needing the entire space of a truck is LTL freight. On the opposite side of the coin are TL shipments that utilize all available space in the trailer.
Logistics and the global supply chain drive the world as we know it today. Everyday tasks such as going to the grocery store to pick up ingredients for dinner to online shopping all rely on the supply chain operating smoothly and efficiently. However, the logistics methods of the past have since become obsolete, especially in the wake of ever-expanding global operations, the boom in e-commerce and tightening delivery expectations, all of which put pressure on the supply chain.
Many aspects of the use of time, space, and resources are taken into consideration when designing modern logistic warehouses and distribution centers, making processes more effective through careful planning to increase customer satisfaction and experience. One of the most important considerations for processing tasks that are dynamically changeable in time and are related to technical […].
eCommerce order fulfillment has become more relevant today since an ever-increasing number of people are now opting to make their purchases online. However, this has proven to be a challenge for businesses and warehouse managers since consumers expect fast delivery times and low shipping costs. One way to achieve this is by optimizing your eCommerce order fulfillment process to ensure customers are satisfied and continue patronizing your business.
High turnover isn't just inconvenient—it's costly. U.S. logistics businesses lose thousands in training, productivity, and morale every year, with an average quit rate exceeding 27%. Remote-Insourcing changes this reality. Remote-Insourcing seamlessly integrates dedicated, remote professionals into your team, significantly reducing turnover to under 4%.
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Looking for new ways to reduce parcel freight costs? If you’re not already using the following strategies, then you are missing out on the best ways to whittle down the 75% of overhead that your firm funnels into outbound parcel costs every year. Check our our eBook on parcel cost reduction.
Many years ago I wrote an article for SME called The Essence of Jidoka. In that article I described a four step process designed to drive improve productivity and drive continuous improvement. Since then these four steps have been picked up and incorporated into the training materials of many consultants, used to write the Wikipedia article on jidoka (which I most assuredly did not author), and even found their way into some academic papers.
The Suez Canal Blockage of 2021 has cleared, and cargo is again flowing through that crucial gateway from Asia to Europe. While the immediate impact may have subsided after a week of fingernail biting, significant delays, and forced re-routings, lessons learned will hopefully stay with the supply chain industry for a long time to come. Read more Will Supply Chain Technology Help Shippers When Next Crisis Happens?
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To ensure that your warehouse is operating at its optimal best, warehouse ventilation is one factor that you should focus on improving. A warehouse without proper ventilation could lead to uncomfortable employees and even unhealthy working conditions, leading to a lower productivity rate.
5 Trends Shaping Logistics with Ben Gordon. Ben Gordon and Joe Lynch discuss 5 trends shaping logistics and supply chain. In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverse logistics, and fulfillment. About Ben Gordon. Benjamin Gordon is the Founder and Managing Partner of Cambridge Capital.
Amazon is the world’s largest e-commerce site, and its U.S. product sales alone are expected to exceed $367 billion in 2021. With close to 200 fulfillment facilities across the U.S., the company also operates the country’s largest fulfillment network. Given those statistics, it’s no wonder more than half of businesses selling through Amazon use the company’s Fulfillment by Amazon program (FBA).
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
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Companies across virtually all industries are looking for ways to drive profitable growth. After capturing many of the “low hanging fruit” benefits from ERP, CRM, and other supply chain applications, many companies are now asking, “Where is the next big opportunity to realize significant business benefits?” For many, the answer is Price Optimization.
Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending millions of dollars of cargo sinking to the bottom of the ocean as pressure to speed deliveries raises the risk of safety errors.
eCommerce order fulfillment has become more relevant today since an ever-increasing number of people are now opting to make their purchases online. However, this has proven to be a challenge for businesses and warehouse managers since consumers expect fast delivery times and low shipping costs. One way to achieve this is by optimizing your eCommerce order fulfillment process to ensure customers are satisfied and continue patronizing your business.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
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Kuebix, a leading transportation management system (TMS) provider and connected supply chain innovator, is recognized as a Challenger for the second consecutive year in the 2021 Magic Quadrant for Transportation Management Systems. Kuebix is recognized in the research for its Completeness of Vision and Ability to Execute. Kuebix is a Trimble (NASDAQ: TRMB) Company. “We […].
The words we tend to use to describe successful supply chains — agile, responsive, flexible — went from concepts to strategic imperatives last year due to the pandemic. This is true for all stakeholders in the industry, but especially for logistics service providers (LSPs). This has sparked a renewed focus on digital transformation. How is.
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