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Lured by the promise of cheaper labor ( which is starting to not be the case ), companies are blind to the tactical costs of manufacturing overseas. WhitePaper: Hidden Risks and Costs in an Offshore Supply Chain. Despite these and other hidden costs, offshore manufacturing has become a fact of life.
Imagine you are making a big purchase, something that you need to think about a little bit – something like a house, car, vacation, or college. They are going online and finding experts who give them insights and knowledge they need to make the right purchase. How will you make that decision? How would you conduct your research?
Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Driver wages represent 26% of costs. Truckload – $1.51
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. One of the main responsibilities of this manager is to minimize the cost and maximize the effects of the company’s supply chain. Impressive Communication Skills. Writing Skills.
Those topics were similar in the 11 thru 20 most popular blog posts, but with also a focus on things such as the skills gap, process, and awesome movements like the maker movement, 3D printing, and the return of US Manufacturing. Improvements can be made to both material and labor costs. We hope you enjoy! Read the Full Blog Post.
However, the overall cost of shipping through LTL modes will increase between three and four percent in the next few years. LTL Cost Increase From the Driver Perspective. LTL Cost Increase From the Driver Perspective. LTL Management Cost Increase From the Consumer Perspective. to three percent.
Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series. Consumers will shop elsewhere, explains Stacey Rudolph of Business2Community , and the same fact holds true for consumers presented with unexpected shipping costs. Lower cost of shipping. Download Here.
The Problem: Warehouses Lacking IoT-Based Technologies Lose Opportunities The cost for internet connectivity is decreasing, but some warehouses, operating on legacy systems, are still using paper-based processes. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.
Talk to any over-the-road shipper that finds itself increasingly handcuffed by institutionalized transportation and fuel-related costs and it would likely tell you the “best job possible” doesn’t cut it anymore. However, market forces such as higher fuel costs and decreased capacity work to undermine these goals.
Rising online purchases over the past few years have increased the need for LTL. Transportation rates have been rising over the last couple of years due to factors like the driver shortage, lack of equipment, a capacity crunch, and rising fuel costs. More than 67% of those surveyed experienced LTL cost increases of 5-14%.
Full Truckload WhitePaper Series. Access our complete Full Truckload Shipping WhitePaper Series. This includes purchasing freight or cargo insurance. Thus, shippers should consider purchasing additional cargo insurance when using full truckload. As a result, shippers may assume carriers retain liability.
Rising online purchases over the past few years have increased the need for LTL. Consumers are paying the price. The most reported habit changes were consumer price increases, by 70% of surveyed shippers, and expected service level decreases, by 69% of respondents. Cost/pricing—68% of respondents. Whitepaper.
Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper.
When it comes to efficient and cost-effective over the road transportation management , it is absolutely crucial that you be working with a trustworthy 3PL. That being the case, a 3PL’s assistance is ideal for cost control, improving customer experience or expanding routes. What Is A 3PL? How Should I Go About Choosing A 3PL?
WHITEPAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download whitepaper. Due to this focus on the customer, consumers will reward those who have taken the leap into supply chain technology implementation by making more purchases, thus increasing revenues.
Customer activity has increased, and some employees are actually sending their personal purchases to work address. WHITEPAPER] The Guide to Proactive Inbound, Outbound, and Reverse Enterprise Parcel Management. Download whitepaper. Failure to do so could result in the spread of illness and legal consequences.
billion with FedEx’s purchase of GENCO Distribution System Inc., In conjunction with greater customer demands for low-cost, easy returns, shippers must understand the role of parcel in reverse logistics with greater resolve. This is due to a higher rate of returns for purchases made online, which may be as high as 30 percent.
Surging e-commerce, demand for faster and cheaper shipping, and unrelenting demand for superior customer service are enough to make any shippers has been, but as shipping costs soar throughout 2018, shippers will be looking for ways to manage over the road modes better. Download WhitePaper.
Lastly, we aired our first educational webinars last year, and that is something we will continue to do to bring awareness of our product and value to different industries and players in the space. . These primitives will enable us to begin documenting and tracking supply chain interactions before a purchase has even occurred.
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