The trading industry has grown over the years in different areas of the business world, especially in how it affected the online community’s ability to market different products. The importing and exporting business is still the most lucrative industry anyone could venture into.
Aside from the full range of goods to choose from, playing a critical role as an importer/exporter can help you generate anywhere from a few thousand to millions of dollars monthly in revenue.
As the coronavirus pandemic spreads, the impacts are rippling through the economy and the supply chain. While many workers have been forced to sit at home while their workplaces are shuttered, truck drivers are facing extra demand.
Their work to transport goods where they are needed is more vital than ever. Drivers who haul LTL and FTL freight are finding their work more challenging than ever.
That’s why Red Stag Fulfillment is promoting #ThankATrucker. It’s our way to raise awareness and generate support for the drivers who work hard to keep us supplied during these difficult times.
Last week, the Wall Street Journal reported that in 2017 total spending on logistics in the US rose to a record $1.5 trillion, up 6.2% from the year before. What’s more, the costs of warehousing, fulfillment and delivery are expected to keep rising in the upcoming year. This is why the biggest players in the market are investing in cutting edge warehouses and technology.
Here are 4 amazing examples of beautiful warehouse operations in which the latest technologies are helping ecommerce giants handle record volumes of parcels faster and more efficiently than ever before.
A new article in Harvard Business Review has been generating some automation-related controversy in the Supply Chain Community, as well as lots of buzz and interesting conversation. Naturally, we want to weigh in and the end of Supply Chain Management.
Are you thinking of streamlining your warehouse operations to increase efficiency and productivity? If so, worry no more as this guide gives practical insights on selecting the right pallet racking, which is critical to optimizing your warehouse efficiency.
Warehouse professionals face a lot of challenges, such as inaccurate inventory, avoiding product damage, and poor space utilization. Fortunately, having the appropriate pallet racking system can help address these challenges.
There is a wide range of pallet racking systems on the market, and choosing the right one could be downright confusing.
So, here are several tips to help you decide on the pallet racking system that would best meet your warehouse needs.
Most companies collect and store consumer data. For many businesses, the data holds a geographic component to the information, including physical address or general city. Unfortunately, businesses without location map software will involuntarily forgo these critical communication components.
After all, any location-based information may directly connect with sales data, supplier information, and more. Understanding how to optimize and capitalize on these details is essential for businesses wanting to maintain a competitive advantage.
It’s been a tremendous start to our second year at Supply Chain Game Changer. Our goal has always been to share experiences and expertise, including our 2018 Top 10 list. In the first half of 2018 our readership continued to grow substantially over our first year, 2017. And we were selected as one of the Top 25 Procurement blogs in the world.
In 2018 we added video content and introduced our “Seasoned Leadership in Action” Interview series. For the purpose of this Top 10 List we have excluded all “Seasoned Leadership in Action” articles as we are not trying to promote a popularity contest amongst individuals. That being said the response to the Interview series has been absolutely outstanding.
We also continued to add more and more Guest posts provided by industry leaders. We have 17 new Guest contributors so far in 2018 on top of the outstanding roster of contributors who started with us in 2017.
As we end the first 6 months of 2018 we wanted to publish our Top 10 List, so far.
Thank you for your tremendous, ongoing support. If you haven’t subscribed yet please sign up! Subscribe Here!
There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. That may seem like a cliché, or hype, or buzz, but it is true.
The tech is fundamentally changing the way packages move around the world, from predictive analytics to autonomous vehicles and robotics. Here are the top five ways in which Artificial Intelligence is transforming the logistics industry as we know it:
As we come to the end of our 3rd year here at Supply Chain Game Changer it is time to publish our semi-annual 2019 Top 10 List.
First we want to thank our readers. Our audience and reach continues to expand with Supply Changer now being ranked as one of the Top 20 Supply Chain blogs in the world and one of the Top 15 Procurement blogs in the world. Both are record achievements for us.
Second we want to thank our guest contributors. With dozens of writers and articles we continue to fulfill our vision of sharing expertise and experience from all over the world.
We thank you for your ongoing support and ask you to continue to spread the word about Supply Chain Game Changer. There is truly something of value for everyone no matter what challenge you are facing each and every day.
Here we present our Top 10 list for the second half of 2019. Enjoy!
Here we present a series of thought provoking and inspirational Supply Chain quotes.
“If you think of standardization as the best that you know today, but which is to be improved tomorrow; you get somewhere.” ~ Henry Ford, founder Ford Motor Company
“Eighty-five percent of the reasons for failure are deficiencies in the systems and process rather than the employee. The role of management is to change the process rather than badgering individuals to do better.” ~ W. Edwards Deming
Last mile deliveries are one of the major costs that companies bear when it comes to breaking down the costs of the supply chain as a whole. The most efficient way to deal with this would be implementing a last mile delivery platform. We will get to that in a bit as we talk about how to reduce last mile delivery costs.
According to a report by Capgemini, last mile deliveries account for over 41% of the overall supply chain costs. Having determined that it becomes necessary that companies find ways to reduce last mile delivery costs.
Anywhere you go anywhere in the world you will find truck drivers delivering goods. Roads and highways are filled with trucks of all shapes sizes. Tractor trailers of all configurations are everywhere on the roads.
If you are driving a car you may be annoyed by all of these trucks. Or if you are an environmentalist you may be concerned by the fuel consumption of these behemoths.
But the reality is that these truck drivers are the backbone of our societies and our economies. They deliver the goods that we need to live the lives that we enjoy. Without them the economy would stop and life as we know it would not be the same.
Truck drivers are truly the unsung heroes of the Supply Chain!
The 2014 holiday season marked the last Q4 end-of-year sales period where packages shipped based on actual weight. With the start of 2015, UPS and FedEx instituted a dimensional DIM weight pricing structure.
The US Postal Service has since adopted this pricing model, also referred to as DIM weight pricing. This has changed the way freight companies calculate shipping charges.