Purchasing the right items in the right quantities is essential to the smooth running of your business. To aid this task, it’s essential to issue a purchase order whenever you’re...
One delayed part can lead to a whole factory shutting down. Supply chain risk analysis helps stop that. If you want to implement better risk analysis in your supply chain,...
Approximately 80% of global goods are transported by sea, with over 600 million containers in use at any given moment. In this massive flow of trade, the bill of lading serves...
Despite the efforts to improve resilience, 90% of supply chain leaders encounter challenges, with inventory management remaining a major concern. Demand volatility, supply chain disruption, complex technology integration, limited real-time data,...
Factories and plants produce a lot of waste every day. But not all of it has to end up in landfills. As companies find their waste generation increasing, more and...
The Evolution of Warehousing Early warehouses were little more than storage facilities to protect inventory until it was time to sell. Warehouse operators were mainly concerned with increasing storage and...
How Does Dwell Time Affect Supply Chain Management? Multiple factors can cause increased dwell time in shipping. Common causes include port congestion, limited dock space, an ineffective logistics strategy, and...
Seventy-one percent of businesses that work with third-party logistics (3PL) providers say that the partnership has improved their customer service. Another 66% report reduced logistics costs, while 68% say 3PL...
It’s not impossible to achieve supply chain efficiency without effective warehouse management, but it’s not easy. Your warehouse is often the heart of your operations, facilitating the flow of goods,...
Big companies often have fleets made up of tens, hundreds, or even thousands of vehicles. Enterprise fleet management is the process of overseeing and optimizing these transportation assets to boost...
