In today’s world, data is King. For shippers, gaining a comprehensive understanding of their operations at every stage is crucial. However, relying solely on data has its limitations. To extract valuable insights, big-picture thinking and experience are essential. Let’s delve into how shippers can benefit from expert guidance.
In the previous article, we discussed how partnering with a third-party logistics (3PL) provider can help businesses reduce parcel shipping costs, gain scalability, and access advanced technology. However, we also noted the potential drawbacks of this partnership, including loss of control, potential for errors, and communication challenges. In this follow-up article, we will explore additional considerations and suggestions for businesses that are considering a 3PL partnership.
Micro-fulfillment is a new approach to e-commerce logistics that involves storing inventory in smaller fulfillment centers located closer to the customer. The concept promises faster delivery times, improved customer service, and reduced operational costs.
In today’s fast-paced market, small to medium-sized businesses need to keep up with technological solutions to remain competitive. One of the most significant areas that can benefit from technology is the supply chain. By leveraging various technologies in the supply chain, businesses can streamline their operations, improve customer satisfaction, and boost their bottom line.
Using Data Analytics to Improve Supply Chain PerformanceData analytics is the process of collecting, cleaning, and analyzing data to extract insights. In the context of supply chain management, data analytics can be used to improve performance by identifying trends, optimizing processes, and reducing costs.Uses of data analytics in supply chainIdentify Read more…
When it comes to running a successful business, maintaining an efficient supply chain can be a struggle. That’s why developing a supply chain strategy can make all the difference, and here’s how you can do it.
Parcel shipping can be a significant expense for many businesses. In an effort to reduce costs, some businesses consider partnering with a third-party logistics (3PL) provider to handle their parcel shipping needs. While there are potential benefits to such a partnership, there are also some drawbacks to consider.
As a Director of Supply Chain, you know that one of your primary responsibilities is to ensure the timely and cost-effective delivery of goods to your customers. Choosing the right parcel carrier is crucial for the success of your supply chain. One of the key factors to consider when selecting a parcel carrier is the parcel rates. In this article, we will discuss how to choose the most cost-effective parcel carrier for your supply chain needs.
The Importance of Proper PackagingIn today’s world of e-commerce and online shopping, the cost of shipping has become an important consideration for businesses and consumers alike. Companies are always looking for ways to minimize their shipping costs, while also ensuring that their products reach their customers in good condition. One Read more…
Staying Ahead of the Curve: Adopting Predictive Analytics in Supply Chain ManagementArtificial intelligence (AI) and predictive analytics have been gaining momentum in the supply chain industry over the past few years. More than half of businesses claim they want more visibility across their supply chains, and AI offers the potential Read more…