Does your company supply or ship items to clients? If so, proper packaging is essential to ensure that ordered goods can reach your clients in excellent condition. Or else, you’ll risk losing clients due to poor quality services.
Most companies order shipping and packaging supplies in bulk because they save time and money. It helps streamline business operations, saving you the hassle of making weekly or monthly purchases. Since you won’t have to pause production to wait for packaging materials, your business can continue operating normally.
For businesses with inventory to oversee, efficient warehouse and vehicle fleet management is crucial. By streamlining operations and implementing best practices, businesses can save time and money while ensuring that their products are properly taken care of.
Transportation can result in higher company expenses if you don’t track them well. The increasing cost of fuel, car maintenance and purchasing of vehicles can drain a company’s resources.
The digital tachograph download (DTD) helps record driver and vehicle information, including travel distance, speed, driving time and activity. As such, it allows you to be compliant with relevant regulations and ensure that drivers are not doing more than their legally-mandated hours behind the wheel.
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.
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!
Free shipping is an effective but sometimes costly sales tool. Is it possible for companies to achieve profitable free shipping?
Case studies show that free shipping increases sales, order volume, and conversion rate. Since 60% of shoppers prioritize free shipping and 81% research multiple websites before purchasing, this perk can be the determining factor between someone buying from you or your competitor.
In going door to door trying to sell a Freight Management service, as well as in my experience working in companies, I have had the opportunity to see a variety of ways in which companies, large and small, were managing their Freight and Logistics spend.
Most everyone felt they were doing a good job already. But I’ve seen instances where Freight is one of the top 5 largest expenses within a company. Yet it is managed by one or two people, with no support, and no visibility from upper management.
Depending on the industry your transportation spend can make up anywhere from 1-10% of your company’s total revenue. Aside from the cost impact the service implications of a poor Freight management system are enormous.
So do you have a strategy for managing Freight and Logistics or are you spinning your wheels?
It’s certainly been an interesting past few months in the container shipping industry; from the upcoming IMO 2020 Low Sulphur Fuel requirements, Brexit (Yikes!), US-China tariff negotiations; it’s refreshing to get back to basics and talk about the container industry.
However, today the container business seems to be more logistical than purely shipping.
Understanding last mile logistics is only half the battle. Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile delivery logistics strategy that aligns consumer and business expectation.
This is the only way shippers can safeguard their position in the market and continue to provide products to their consumers. In fact, an effective last mile logistics strategy must consider these nine key points.