Coronavirus Precautions
The Chinese government’s response to the coronavirus outbreak has impacted 280 supplier sites near Wuhan, China, according to Bindiya Vakil, chief executive officer of Resilinc, a provider of cognitive supply chain monitoring and mitigation solutions. Businesses could experience supply chain disruptions for three to six months, which is comparable to disruptions caused by the swine […]
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Ship More, Pay Less: Controlling Transportation Costs
Better matching demand to supply and adjusting contracts, tendering, and invoice auditing strategies can help control transportation costs when rates are on the rise.
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Crossing the Final-Mile Finish Line
Total e-commerce revenue in 2020 will reach $3.52 trillion, growing year-over-year at nearly 19%, according to global tech market advisory firm ABI Research. This explosion is forcing retailers to find faster and more convenient modes to reach the final mile. Retailers will likely trade profits to continue investments in the e-commerce explosion. This growth depends […]
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3PLs Do It All
Third-Party logistics providers are building future-proof supply chains, filling their toolbox with business insights, predictive capabilities, and other new solution sets.
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Incoterms 2020: Embracing the Rules
International Commercial Terms, commonly known as Incoterms®, standardize the responsibilities of the buyer and seller in an international transaction and are now used frequently in domestic transactions in the United States.
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I Like Big-Box and I Cannot Lie
Nearly half of small to mid-sized business (SMB) decision-makers involved in distribution, logistics, and/or procurement estimate an increase in shipping spend in 2020 compared to 2019, and big-box retailers are influencing their strategy, finds logistics technology platform uShip’s 2020 SMB Shipping Strategies report. About 25% of decision-makers say the logistics strategies of Amazon and Walmart […]
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Can the New Silk Road Compete with the Maritime Silk Road?
The more I hear and read about the New Silk Road, the more grand the expectations. Politically, the trade corridors between China and Europe, as well as Africa, seem to be China’s key to becoming a leading global power in the 21st century. Logistically, infrastructures and networks are emerging on an entirely new scale, taking a gigantic economic area—representing 60% of the world’s population and 35% of the global economy—to the next level. The New Silk Road could act as a high-speed internet for transporting goods.
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Supply Chain Predictions 2020
Industry leaders look to the future, offering advice and strategies to help you successfully navigate the year ahead.
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Small Ports, Big Benefits
Smaller, lesser-known ports often deliver substantial benefits to shippers, letting them bypass congestion while leveraging advanced technology. Here are seven reasons to consider these less-trafficked cargo destinations.
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VERTICAL FOCUS | Fast-Moving Consumer Goods
4 Things FMCG Retailers Need to Know FMCG retailers need to be aware of four key areas as they build their future omnichannel supply chains, finds RSR Research’s Supply Chain Management 2018 report. 1. Change signals. Retailers are increasingly aware that new digitally enabled consumer behaviors are challenging a key operational assumption—that consumers will start […]
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