Understanding the latest trends in the logistics industry gives you and your company a strong advantage. Do you know what’s happening in logistics right now? Inventory management has become paramount. During the COVID-19 pandemic, companies stockpiled goods, leading to an overabundance of inventory. Now, businesses are striving to reduce these levels…
It’s a mistake to think it’s all about the freight “rate.” Efforts to reduce freight costs often miss important considerations. One significant mistake is when freight rates do not align with your actual shipping profile and volume…
Outsourcing logistics has become trickier. One major problem is the shortage of equipment. In the past, acquiring trucks and other essential equipment was relatively quick…
Choosing the right logistics outsourcing partner is crucial for success. Surprisingly, many companies get this wrong by not taking enough time to carefully evaluate their options. Logistics outsourcing has become more complicated due to industry challenges like driver shortages and limited warehouse space…
Effective supply chain management is often beset with challenges in today’s dynamic business landscape. As your enterprise grows or market…
One of the most common mistakes is not allowing enough time. Organizations often wait until contracts are close to expiring, leaving only a few months to find new providers. In the current market, many 3PL providers are incredibly busy, making it harder to find the right fit. Rushing the process can lead to poor choices and long-term issues…