Successful supply chain management is an essential consideration for any organization. The entire process, right from the initial product conception all the way to the customer at the other end is an incredibly complicated and intricate system. There are so many different parts and people involved at all stages, that if there is a weak…
Your company’s warehouse floor is probably the last place you’ll consider when thinking about the best way to make your business more profitable. But if your business relies on a supply chain, you have a chance to directly control its profitability. Your supply chain and warehouse allow you to manage your output and productivity, expenses…
Supply chain management is a vital part of running many businesses, both small and large. However, the Covid-19 pandemic in 2020 made it painfully clear that many supply lines aren’t as robust as they need to be. Nearly two years on, many companies are still scrambling to deal with supply chain disruptions. This has led…
The reality is that eCommerce fulfillment is changing and at a rapid rate. It’s getting hard to keep up and the boom it’s not only here and real but it’s impacting companies everywhere. Digital platforms are accelerating online consumption and consumer behavior continues to change and evolve. What this means is that businesses around the…
Deadstock is a problem for any e-commerce business. Deadstock means that the stock is not selling and is accruing costs to the company through storage and upkeep. Therefore, deadstock can harm the profit margins of any business. E-Commerce E-commerce businesses can suffer from deadstock by overestimating demand and over-ordering an item. Poor marketing may also mean…
If you run your own business and want to see it grow, you’re going to have to focus on e-fulfillment. Whether you’re just starting out and are packing and posting your sold products at your local post office yourself, or whether you’re running a large scale warehouse that requires product picking, packing, and shipping, you…
Globalization and increasing competition are the main challenges that 3PL providers face when trying to achieve customer loyalty. They need to be innovative and flexible to meet customers’ unique demands. An industrialized world requires a high level of optimization, efficiency, and fast service delivery. To better understand the changes needed by 3PL providers to achieve…
The Parcel Technology trends of 2021 are going to be amazing. In the next five years, you will see a significant increase in cloud technology. Business intelligence will show an improvement in parcel shipping from better data analysis and more intelligent algorithms. Reverse logistics will be on everyone’s mind as companies have realized that it…
Whether or not you work in a warehouse, chances are you’ve heard a lot of excited chatter around business-to-consumer fulfillment in the eCommerce industry. It’s hard being kept under wraps that the demand for shipping and fulfillment in the online retail world has grown significantly during the coronavirus pandemic, on a global scale. But you…
Fourth-party logistics (4PL) are companies that provide outsourced supply chain management services. As the name suggests, 4PLs act as an intermediary between suppliers and customers – augmenting, supporting, expanding, and running an entire company’s logistics operations. The benefits of using a 4PL network are: Reduced supply chain complexity Improved data visibility More supply chain efficiency…
