Archive: Feb 2024

Leveraging Predictive Analytics to Gain a Competitive Edge

Leveraging Predictive Analytics to Gain a Competitive Edge

Predictive analytics helps companies make better decisions. The key is to have good data. For example, enterprises can use data to predict how much demand there will be for their products or services, how much capacity they need, how to manage inventory, and how to avoid risks.

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Getting to Big: SMBs Embrace Tech and Partnerships

Getting to Big: SMBs Embrace Tech and Partnerships

Logistics can sometimes be challenging for small businesses that frequently have limited resources and a laser focus on core competencies. But with the right technologies and partners, SMBs can develop—and execute—supply chain strategies on par with even the largest players.

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How to Write a Great RFP

How to Write a Great RFP

Is it time to negotiate new carrier contracts? Here are the keys to successfully optimizing the Request for Proposal (RFP) process—from building a relationship with carriers to adapting to conditions as they change.

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Logistics Solutions: Robots Step Up

Logistics Solutions: Robots Step Up

Taking on repetitive and potentially dangerous tasks in supply chain operations—from unloading containers to materials handling—robots are driving efficiencies in warehouses and distribution centers. And they’re getting smarter, thanks to AI.

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NOTED: Supply Chain Highlights

NOTED: Supply Chain Highlights

↑ South Carolina Ports awarded $253,000 to 116 South Carolina nonprofits and community organizations as part of its Community Giving program for fiscal year 2024, marking the highest number of grants awarded since the program began in 2013. Awards were given in amounts of $7,500, $5,000, $2,500 and $1,000.

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Bringing Automation to Food Production

Bringing Automation to Food Production

John Deere and SpaceX have partnered to bring new automation advances to food production. Automation in the food supply chain is nothing new and there are many examples of how automation has driven efficiencies by saving time and keeping costs down. Most of the existing examples are found in the middle mile—the warehouse and DCs—moving […]

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4 Things to Expect from Logistics Providers in 2024

The logistics industry, though not quite back to pre-pandemic norms, has successfully weathered much of the chaos into which the pandemic had thrown it. 2023 allowed many companies to take a breath and return to more realistic inventory levels. As consumer spending eased, companies were able to eliminate expensive stockpiles of goods, which enabled logistics […]

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Backward Integration: Definition, Implementation Process, and Competitive Advantages

In a competitive business world where efficiency and dominance are paramount, backward integration emerges as a strategic linchpin for companies aiming to fortify their market position. This method involves businesses taking command of their supply chain, particularly by securing the production of raw materials. This strategic move elevates profit margins and solidifies a competitive edge […]

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