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Good Question

Good Question: What’s your best tip for retailers pivoting to direct-to-consumer (DTC) fulfillment?

Good Question: What’s your best tip for retailers pivoting to direct-to-consumer (DTC) fulfillment?

Successful DTC fulfillment comes down to balancing customer acquisition cost, conversion rate, and average order value (AOV). AOV is critical—if it’s too low, shipping costs will eat up your margins. Keep AOV up by bundling products and using shipping partners who offer flexible fulfillment options that scale with you. –Aaron Galer SVP of Strategic Partners […]

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GOOD QUESTION: Has the pandemic accelerated logistics outsourcing? Why or why not?

GOOD QUESTION: Has the pandemic accelerated logistics outsourcing? Why or why not?

The use of third-party logistics has accelerated since the pandemic, with new opportunities in last-mile e-commerce and carrier collaboration. We have seen tracked orders between network shippers and logistics service providers (LSPs) grow 340% year-over-year. As markets continue to rebalance, shippers still seek flexibility, resilience, and sustainability from LSP collaboration and innovation. –Tony Harris SVP […]

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What pandemic-era adjustment will have the greatest supply chain impact?

What pandemic-era adjustment will have the greatest supply chain impact?

The acceleration of digital twins. The ability to digitally model a company’s manufacturing and distribution network will allow it to quickly assess the impact of large and small disruptions and take appropriate actions. —Allen Jacques Industry Thought Leader Kinaxis The use of data analytics to help suppliers really understand consumer behavior. Suppliers decided to eliminate […]

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What’s your best reverse logistics tip?

According to the National Retail Federation, the total rate of returns was 16.6% in 2021, up from 10.6% in 2020. The best way to reduce returns is to understand the total cost of your returns and to make sure your reverse supply chain is optimized along with the rest of your supply chain.

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What is the biggest supply chain lesson you learned from the past two years?

The fragility or brittleness of a global marketplace so deeply dependent on just-in-time inventory. Any event, whether a pandemic, hurricane, or a container ship stuck in the Suez Canal, creates immediate disarray. In response, retailers have reverted to “just-in-case” practices, building up large safety stocks. It has become a choice between risking a stock-out or keeping costly excessive inventory. Where is the balance?

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What’s the first thing you would do to address the truck driver shortage?

What’s the first thing you would do to address the truck driver shortage?

Improve the quality of life on the road. “Shipper of choice” and “broker of choice” wouldn’t be terms because they would be the norm, not the exception. Clean accommodations and safe resting/sleeping areas would be everywhere. Getting trucks loaded in under two hours would be the expectation everywhere in every sector. Higher standards for drivers from all partners = a better job = more drivers.

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How can brick-and-mortar retail make a comeback?

How can brick-and-mortar retail make a comeback?

Retailers are wise to prioritize flexibility rather than putting all their eggs into either in-store or online baskets. The future of retail may be brick-and-mortar for some, however many factors are still at play. It’s not a simple answer. The future is not one-size-fits-all. The ability to be nimble and proactive not only boosts efficiency, […]

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What is the secret to a successful shipper/3PL partnership?

What is the secret to a successful shipper/3PL partnership?

Three fundamental pillars define a successful partnership: a direct application programming interface (API) integration, a shared target customer, and a partnership mentality focused on solutions. When any one of these pillars falter, the client suffers and that is unacceptable. As a 3PL, it’s our responsibility to help clients mitigate pain points and enable growth.

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How has the pandemic affected supply chain partnerships?

How has the pandemic affected supply chain partnerships?

The pandemic magnified the need for collaborative partnerships between service providers and customers. We have seen things happening in the market you almost couldn’t make up in Hollywood, and those that have remained transparent and collaborative in navigating these challenges have succeeded. —Matt Friedman Vice President, Sales, Warehousing Mainfreight Fluctuating production and consumer demand, coupled […]

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What’s the supply chain buzzword of 2021?

What’s the supply chain buzzword of 2021?

AGILITY Companies must be nimble in their approach to logistics and warehousing operations. Corporations that embrace agility can quickly maneuver and clear roadblocks when disruptions arise. —Grant Koch Solutions & Innovation Director BDP International Over the past 12 months, we have seen disruptions within an already challenging global logistics supply chain. Traditional seasonal patterns and […]

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What’s your best importing or exporting advice?

What’s your best importing or exporting advice?

In order to maximize efficiencies throughout the supply chain, logistics should be viewed from 30,000 feet above and decisions should be made by considering the entire process. Imports, exports, and all modes of transportation are reliant on the connecting nodes. It’s an ecosystem where sustainability is key.

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If you were writing a book on the supply chain in 2020, what would you call it?

If you were writing a book on the supply chain in 2020, what would you call it?

The Shift from Efficient to Effective. 2020 was a gut punch to any supply chain organization that pursued operational efficiency without keeping a pulse on the risk factors that threaten disruption. Effective supply chains designed out risk by addressing safety, security, and reliability vulnerabilities. —John Reichert, Senior Director, Supply Chain Execution Solutions, Tecsys The Wake-Up […]

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