Supply Chain and Logistics Blog
Top 3 Things Organization Should Focus On
Without focus, things can go wrong. It’s important to find the key areas in your supply chain that need attention. But what exactly should you focus on, and how can this help your business? The first critical step is to conduct a cost to serve analysis. Distribution networks can also become outdated as organizations grow and evolve. It’s important to assess how products flow through your network…
3 Common Logistics Outsourcing Mistakes
One common mistake is not giving enough time for the outsourcing process. Many businesses wait until their contracts are nearly up, leaving little time to find a new provider. In today’s busy market, that’s a major issue. Always start the process at least six months in advance to ensure you find the right partner. Another issue is not providing enough detailed information to potential suppliers…
5 Supply Chain Fixes for 2023
With supply chains always evolving, you can’t afford to take your eye off the ball when it comes to management and efficiency. One minor oversight can quickly lead to bigger issues down the line. By staying proactive and looking for areas to improve, you’ll keep your supply chain on track. The need for new or upgraded warehouses is on the rise. Many companies are facing unprecedented demands for space…
How to Operate Your Distribution Truck Fleet at Less Cost
Trucks and vans are not cheap to run, so if you can save even a little on the cost of operating each vehicle in your fleet, those savings can mount up to a lot—and the more extensive your truck fleet…
Ocean Freight Future Trends with Trent Morris
Have you considered the future possibilities for ocean freight and global logistics? In this rapidly evolving field, being informed about trends is a must for those on the front lines. Technology, especially in infrastructure, is driving everything – ships, ports, you name it. The major focus we heard repeatedly was achieving carbon neutrality by 2050, as mandated by the International Maritime Organization (IMO). Some companies are pushing for 2030 as a midway goal…
Ocean Freight 2023 Update with Trent Morris
The shipping industry faced huge disruptions due to the pandemic, particularly with soaring demand, especially in e-commerce, and a massive rise in ocean freight rates. From 2020 to 2021, rates increased by up to 50%, and service reliability dropped. However, we’re starting to see things return to normal. Rates are stabilizing, with predictions that they’ll eventually settle to levels seen in 2019, with minor fluctuations based on market factors…
Supply Chain Secrets 200th Episode with a Bonus
Thank you so much for your support and interest!
And as a special thank you, we are offering a 50% discount for the first 200 people at our online learning hub, right here…
10 Freight Management Mistakes and How to Avoid Them
Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean…