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7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. Cost Saving Tips for Every Supply Chain Manager 1. Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically.

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Logistics Tips: Shipping to Trade Shows & the Future of International Auto Events

Trans Global Auto Logistics

Every year, massive convention centers around the country host thirty or forty major events a year. Many more are business-to-business events at which manufacturers display their wares to wholesalers and retail buyers. B2B exhibition organizers to either postpone their events to late 2020/early 2021 or cancel them entirely.”.

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7 Tips For Building Supply Chain Resiliency

GlobalTranz

Whether it’s a pandemic, severe weather events, trade disputes and tariffs, economic upheaval, or even unexpected surges in customer demands, you can’t prepare for every eventuality. Tips For Building Supply Chain Resiliency. Even in the worst of times, a resilient supply chain bends and stretches but never snaps.

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Editor’s Choice: Tips for Trucking Companies to Decrease Their Insurance Premiums

Logistics Viewpoints

This article is from Emerge and offers tips for trucking companies to decrease their insurance premiums. As an example, from data taken from the ATRI report, in 2020 a small fleet of fewer than 20 trucks would have paid about three times as much as a large fleet with more than 1,000 trucks. To read the full article, click HERE.

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Supply Chain Cybersecurity: Tips for Shippers to Mitigate Cyber Attacks

Logistics Viewpoints

Such an event has constrained the meat supply chain more than ever, sparking fears of massive food shortages, and it comes mere weeks after the other major cyberattack to strike the US—halting the operation of the Colonial Pipeline. Any one of these events can create a domino effect to capacity challenges and delays.

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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management.

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What the New Administration Could Mean for Your Business

WorkWave

For example, if an employee works 40 hours at regular pay plus 10 hours of overtime, they will not pay federal income tax on those overtime hours. Similarly, service workers who receive tips will keep this income tax-free. Supply chain: For landscaping and pest control businesses that rely on imported materials (e.g.,