3PLs stand for Third Party Logistics. Manufacturers often outsource their eCommerce logistics operations to third-party logistics companies to save supply chain management costs. According to a 2019 study by Korn Ferry, 91% of manufacturers who used 3PLs noticed that...
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Evolution of Supply Chains: How Digitization Is The Answer To Smarter Supply Chains
From 18th-century merchants who lost goods during trade and transport, to 21st century’s supply chain managers who rely on technological infrastructure to manage goods and deliver products on time effectively - they’ve all had one evergreen problem. Inventory...
How To Track, Optimize, And Reduce Shipping Costs and Supply Chain Carrier Charges
Is it too much to expect a dependable, low-cost carrier service? With tight margins, fierce competition, and demanding customers, logistics management has become a significant challenge for supply chain companies. Especially with growing supply chain demands and costs...
Best Served on Ice: The Breakdown of a Cold Chain
Great news, your customer's package arrived! But something isn't quite right. The box is melting, and it smells terrible. Their food prep box was delivered, but it didn't stay at the right temperature during transit. Now, the customer's food is spoiled, and your money...
The Economical Impact Of Supply Chain Disruptions And Building Resilient Supply Chains
“An effective way to increase supply-chain resilience is to understand the impact a crisis could have, well before it happens.” - McKinsey Supply chain disruptions are caused by many different kinds of global events, like: Natural disasters Cross-country trade...
Rethink The Supply Chain Operating System: 3 Supply Chain Trends To Watch In 2021
This pandemic, once-bustling cities turned into ghost towns overnight due to the widespread of novel coronavirus. Ever-operating machinery units fell silent in several manufacturing hubs and industrial cities across the globe. Many truck drivers around the world lost...
How The Covid-19 Pandemic Changed The Supply Chain Industry
In February 2020, when the pandemic hit the world in full swing, the global economy took an inevitable jolt. As transport came to a halt and offices shut down, millions of people were forced to work from home. As a result, travel took a backseat, and the world entered...
How Logistics Intelligence™ Helps Ecommerce Businesses Reduce Operational Costs And Make More Profits
In the ecommerce world, time is money. Quite literally. The faster you deliver, the more profits you make. The one thing that determines the success of an ecommerce business is - how well they serve their customers. And customer process excellence is a direct result...
2021 Amazon Prime Day Strategy Guide
Eugene Stark, head of Amazon services for Hawke Media, shares amazing Prime Day tips.
What Are Forward Logistics And Reverse Logistics?
In 2017, ecommerce was responsible for $2.4 trillion in sales. The numbers are expected to double in 2021. In the United States alone, online shopping accounts for 10% of retail merchandise sales and is forecasted to grow at a 15% progressive growth rate, every year....