Until a few years ago, inventory was a labor-intensive process that typically required either stopping operations for several days or bringing in a large crew to painstakingly count products overnight. These methods were heavily susceptible to human error, with end counts that didn’t necessarily reflect full accuracy. With buyers demanding transparency – particularly in eCommerce – the need for something better was clear. Without digital oversight and assistance, your supply chain could be “leaking” time-sensitive opportunities for profit and stability, turning away customers frustrated by a lack of timely inventory. (more…)
Having invoices hit your desk that don’t jive with the quote you received can not only be frustrating, but waste your time and cost you money.
The complaint I hear most often when I sit down with folks involved with shipping (and those in a higher level too) is how annoyed they get when the invoice comes and the amount is higher than the quote they received. Why does this happen and how can we stop it!
Today, more than ever, having a Logistics Strategy is important, not only for the bottom line but for your customer’s experience when dealing with your company. (more…)
There are few objective ways a shipper can really know how well their logistics operations is doing on its own. Since every company’s products and distribution requirements are unique, there’s no standard scorecard that says if your logistics costs are under $X, then you are doing a good job – or your delivery performance is less than Y%, so that’s bad. (more…)
With the introduction of countless online shipping websites and ‘Uber-style’ apps, shopping for freight rates is easier than ever for companies of all sizes. (more…)
Operating any company requires a lot of strategic decision making, especially when it comes to hiring talent for specialized job roles like those in logistics and the supply chain.
Talented employees are hard to find in the logistics space. Each new hire a company makes is a risk – one that is magnified for an SMB enterprise. What manager hasn’t felt the sting of a bad hire? (more…)
Most companies strive to build a brand based on providing quality products and great service. So why do some companies risk compromising their brand with poor performance related to logistics?
This is not to suggest that companies should over-spend, or not pay attention to their logistics costs. Responsible logistics management is always about finding the best carrier to get the job done for the best rate. (more…)
Companies across many industries have long known that Sales and Operations Planning (S&OP) is an effective technique for aligning sales, marketing, supply chain, manufacturing and finance around a single plan. The result when it is done right is an improvement in companies’ business performance. Not as recognized within the process is the importance of logistics, especially the transportation function. After all, what’s more important than getting the goods your company produces to the customer’s dock on time?
Intermodal and truckload are similar services, with each having their own strengths and disadvantages. Yet while truckload might seem like the faster and more reliable choice from a shipper’s perspective, it’s not always the best choice. Intermodal has changed over the past several years and there are often circumstances when it’s a better routing option compared to truckload.