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Why Millennials Deserve Our Attention
By 2020, global millennial spending power will total $20 trillion plus. Not paying attention to the needs of this burgeoning demographic is business suicide. The sooner supply chains can adapt to millennial attitudes, the better placed they are to thrive in the future. Agile logistics buyers who can secure providers offering millennial-focused services will reap […]
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Keeping Truckers Safe on the Road
Keeping drivers safe is important for everyone on the road, especially with 115 million cars and trucks hitting U.S. streets every day. Not everyone who drives will get into an accident. However, the risk is much higher for truckers who drive every day for work. A range of factors can cause crashes. One of the […]
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A Lot to Learn
In the not-so-distant past, logistics and supply chain practitioners had just a few ways to boost their skillsets and keep current on the latest best practices. The options were mostly limited to on-the-job training, or required an unrealistic investment in time. Today, a world of resources is available to help even the busiest logistics professionals […]
Read MoreGood Question: What are your top supply chain predictions for 2019?
Uber Freight and other new platforms will power increasingly connected truckers and LTL providers into the gig economy. Steve Dowse SVP, Product Management Blume Global Supply chains will continue their evolution from the traditional lean standard strategy to more of a flexible and elastic supply chain to meet market and logistics fluctuations. These changes will […]
Read MoreGood Question: What was your first job in logistics and what did it teach you?
Summer seasonal order picker. It taught me an order is only as good as its accuracy; without it, all you would have is empty pallets. James Stone Client Sales Representative Echo Global Logistics Manually tracking and tracing previous-day LTL pickups. It taught me every missed pickup has three stories: why the carrier says it’s the […]
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Post Office Dings E-Commerce?
Two recent and important developments will impact domestic and international e-commerce shipments. The first one concerns the U.S. Postal Service’s relationship with Amazon. Let me set the stage. The Postal Service lost $2.7 billion in 2017. U.S. taxpayers guarantee the perennially stressed postal worker retirement fund. And first-class mail receipts are off by $1.8 billion […]
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How to Become a Shipper of Choice
As shippers, carriers, and logistics service providers prepare for a busy Q4 2018, here are some ideas for easing the capacity crunch, controlling costs, and becoming a "shipper of choice." Carriers in the driver’s seat. When the freight market shifted, so did the balance between shippers and carriers. In today’s market, carriers can afford to […]
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Going Straight to the Sourcing
Strategic sourcing, which consultants popularized in the late 1980s/early 1990s, is a supply chain management approach that formalizes the way organizations gather and use information to leverage consolidated purchasing power and find the best values in the marketplace. Strategic sourcing involves developing supply channels at the lowest total cost, as opposed to the lowest purchase […]
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No Industry is Amazon-Proof
Amazon is now in the oil business. With the release of its Amazon Basics Synthetic Motor Oil, the mega retailer has effectively entered an industry ripe for disruption. There isn’t an industry Amazon can’t enter. I’m amazed at how many executives across different industries tell me that they’re not concerned about Amazon for one reason […]
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Rethink Fulfillment During Peak Season
Peak season is a great opportunity to determine where your warehouse priorities should lie. Here are the biggest stories to watch this holiday season. From fast to accurate. Amazon Prime’s free two-day shipping sent shockwaves through the fulfillment industry. Reaching peak productivity and keeping up with Amazon became a major topic of discussion. But it’s […]
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