7 Smart Steps to Minimize Risk
Inherent risks exist in trading globally that businesses don’t have to deal with when they keep things closer to home. But the rewards of expanding to new markets can far outweigh those hazards, especially if you take the following steps to minimize and manage your exposure to risks.
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There’s No Business Like Shoe Business
About 12 years ago, G. Brent Barkin, the son of Shoe Station founder Terry S. Barkin, urged his father to start a website for the family-owned business. The senior Barkin followed his son’s advice and invested some money in creating a new channel. But he had his doubts, asking, “Who’s going to buy shoes from a website?”
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E-Commerce Engine Technology Revs Up Efficiency
E-commerce has remapped supply chains. Across both business-to-business and business-to-consumer transactions, technology is taking on the complexity caused by this shift and driving efficiency.
Read MoreSupply Chain Labeling and Logistics: How to Deal with Customer and Regulatory Requirements
When it comes to logistics, the speed and convenience of e-commerce has led to changing expectations in the business-to-consumer sector. Many leading third-party logistics (3PL) groups say their customers expect the same level of speed and convenience that they’d get from an e-commerce platform. Customers want the ability to see their cargo in near-real time […]
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The Need for Speed: Overcoming the Final Hurdles to Faster E-Commerce Deliveries
Retailers need to address new challenges, from bolstering distribution networks to managing complexity, to continue to expand their e-commerce operations.
Read MoreBlockchain Pilots Aren’t Landing
A majority (80%) of supply chain blockchain initiatives will stay at the pilot stage through 2022, according to new Gartner research. Many organizations pushed to create robust use cases for the supply chain; however, most were inspired by banking and insurance pilots, and didn’t translate to supply chain. This should not discourage supply chain leaders […]
Read More2020 Global Trade Management Guide
Global trade management (GTM) systems connect sourcing and logistics to make global trade transparent, efficient, and cost effective. From resource planning and transportation management to analytics, these top 30 GTM companies can help take the stress out of managing your global supply chain.
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True Next Day—Why It Matters
As retailers compete for the perfect delivery experience and consumers continue to pay premiums for speed and reliability, last mile delivery drives growth and profitability.
Read MoreEmployee Engagement Is Your New Success Metric
Globally, 85% of employees report that they’re either not engaged or are actively disengaged within their jobs, according to a 2019 Gallup study. This is a big factor in employee turnover, because disengaged team members often feel underequipped, underdeveloped, and underappreciated. Logistics leaders who recognize and further engage their employees will reap long-term and short-term […]
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