Articles
Viewpoint: Logistics & Supply Chain Analysis
5 Ways to Mitigate High Freight Rates
Consistent economic growth in industries dependent on logistics has increased freight demand, creating more loads than available trucks. Spot market rates are up 25 to 35 percent over 2017, and analysts expect tight capacity and higher costs to continue into 2019. The main factors impacting the current freight market during this historic time include: Driver […]
Read More
Truck Driver Shortage Solution: Recruit Generation Z
Truck driver retention and recruitment consistently top the list of concerns for the transportation sector. The industry will need to hire roughly 900,000 new drivers to keep up with demand throughout the next decade, according to the American Trucking Associations. As millennials become more seasoned professionals and more immersed in their current industries, leaders at […]
Read More
Keeping Order Changes in Check
Today, retailers face not just competitive pressures, but also heightened consumer expectations for convenience and a wide product selection. As a result, the retail grocery industry is working to increase flexibility in the supply chain and clean up disjointed practices that add unnecessary cost and, ultimately, negatively impact the consumer experience. Recently, a retail grocery […]
Read More
How to Contain Rising Truckload Prices
You’ve no doubt seen your truckload shipping costs skyrocket. If you’re a niche user—flatbed or refrigerated—you’re probably reeling at the price increases. Your brokers tell you prices will moderate; they’re wrong. Let’s explore strategies to help you contain increasing prices. Let’s talk about why these prices are here to stay. First and foremost, the driver […]
Read More
Four Ways to Optimize Your Supply Chain
Supply chain optimization techniques, if leveraged properly, can help companies achieve their strategic business objectives, drive significant reductions in operating costs, and make informed cross functional decisions in complex scenarios. This comprehensive approach helps find the right balance between minimizing costs and meeting business constraints and strategic goals. The following four primary techniques can help […]
Read More
How to Navigate the Driver Shortage
The industry’s driver shortage is no secret. About 100,000 seats need to be filled at a time when the pipeline for new drivers is getting thinner. But what’s the practical impact on shippers as this shortage gets worse? In short, it won’t be pretty. Tighter capacity will lead to fewer choices. Regulations mandating the use […]
Read More
Using KPIs to Optimize Transportation Data
Data drives sound business decisions. The same principle applies to decisions surrounding transportation issues. Specifically for parcel, the best data source is carrier invoices, supplemented by the manifest (TMS) data where possible. Your carriers should make invoice data easily available, especially if you use a third-party vendor to review and pay your invoices. They should […]
Read More
Reliable Rail Service Hinges on Reform
Freight rail is a vital link in the logistics professional’s arsenal, connecting businesses with downstream users and consumers. America’s railway system has a long and storied history, playing a pivotal role in the growth of our nation. Until recently, 26 railroads were in operation. Today, there are only seven rail providers, with just four controlling […]
Read More
Autonomous Vehicle Revolution Is Upon Us
Self-driving or autonomous vehicles are progressing quickly past the testing phase. This technology is a world-changing innovation—a revolution well underway—that may surpass the discovery of electricity and the invention of the automobile. What sets this revolution apart is how technologies will combine to help save lives, money, time, and resources. It could mean a near […]
Read More
3 Steps to a Demand-Driven Supply Chain
The on-demand economy means customers expect instant gratification via immediate access and convenient delivery options. Companies must adapt and start optimizing their supply chains to stay competitive. Many companies are still supply driven, constrained by resource capacity, archaic scheduling technologies, and inefficient decision-making. Typically, these businesses match demand by increasing the supply and infrastructure to […]
Read More
Transparency to Efficiency: How IoT Can Increase the Productivity of Your Transportation (Sponsored)
The evolution of business has rapidly increased over the last 25 years. The speed of technological advances has impacted all aspect of business, including the last bastions of manufacturing and transportation operations. Every business has looked to capitalize on technology to increase productivity and leveraging that into higher profit margins. With the Internet of Things, […]
Read More
Walmart’s ShippingPass Has Ended. What Retailers Should Do Next.
The shipping wars between Walmart and Amazon are heating up. On Jan. 31, 2017, Walmart halted its ShippingPass delivery service in exchange for free two-day shipping—signaling their latest move against Amazon. As more retailers offer free shipping, today’s consumers now expect online purchases to be delivered “fast and free.” Evolving customer expectations for delivery are […]
Read More
Weighing Solutions for All Facets of Warehouse Operations
Warehousing and distribution centers rely on efficient, accurate, and reliable data to ensure peak performance and guarantee the safety of employees. Investing in quality scales and systems helps ensure billing accuracy by monitoring the weight of cargo. Additionally, companies can ensure that vehicles are utilized optimally. With the rising demand for high-precision weighing solutions in […]
Read More
Evaluate Partners Before You Sign the Contract
In an increasingly competitive global environment, every element of the supply chain must be effective and efficient—to deliver the right quality products, on time and at the right price. Empowering your procurement team before supplier selection is key. For companies that outsource materials, parts, and equipment, the potential for quality issues and hidden costs can […]
Read More
Optimizing the Product Portfolio
Customer expectations are higher than ever, and the most successful distributors continue to accommodate their customers through multiple channels designed to attract and retain them. Despite all the business emphasis on community, engagement, and relationship, the importance of offering the right variety of products remains—and it cannot be overlooked. In this environment, the constant pressure […]
Read More
Getting the Goods on Logistics this Holiday Season
E-commerce continues to be the growth engine in retail with a 15-percent increase in 2016, according to U.S. Department of Commerce (Q2 2016 versus Q2 2015). Online shopping drives logistics growth as almost every e-commerce purchase needs to be delivered to the consumer’s home. This has resulted in increased investment and jobs in the retail […]
Read More
Four Technologies Set to Change the Future of Logistics
Technology historically plays the role of a disruptor, the means to newer and better things, and the destruction of old ways of life. The following four technologies are sure to disrupt the business of logistics. 3-D Printing The technology of 3-D printing makes it possible for manufacturers, other businesses, and even individuals to print exact […]
Read More
Trump Presidency Is Reality. Let’s Talk Supply Chain Implications.
As the 2016 Presidential election results were announced, it became clear that the candidate with the least concrete trade policy had won. This created a fair amount of concern for supply chain professionals everywhere: Would the new president implement the protectionist measures he campaigned on, or were those statements made primarily to appeal to an audience? […]
Read More
Why Retailers Need the TPP
In recent months, the acronym “TPP” has made international headlines, and has been a somewhat unexpected cause of dissension and acrimony among governments and citizens. The Trans-Pacific Partnership, more commonly known as TPP, is a trade agreement that aims to deepen economic ties among 12 countries along the Pacific Rim by reducing tariffs and stimulating […]
Read More
Shedding Light on Warehouse Savings
Warehouse owners, operators, and facility managers can reap operational savings by looking up: at warehouse lighting. Switching to LED solutions cuts more than costs.
Read More