Archive: Jun 2022

Integrating NFC and Blockchain

Integrating NFC and Blockchain

Counterfeit supply chains cost U.S. manufacturers upwards of $131 million, and the problem is growing amid supply chain shortages. This crisis is also exacerbated by a time of technological advancement—not only are supply chains carrying in-demand products, but they also house incredible amounts of data that are susceptible to breach. Of the many security threats […]

Read More
Data-Driven Supply Chain Optimization

Data-Driven Supply Chain Optimization

Q: What is data-driven supply chain optimization, and why is it important? A: Data-driven supply chain optimization applies prescriptive analytics in mathematical programming and operations research (OR) to provide decision support for supply chain decision-making at the strategic, tactical, and operational levels. By properly capturing the decisions to make (decision variables), the performance metric to […]

Read More
Pop Quiz: Supply Chain Educators Answer 6 Pressing Questions

Pop Quiz: Supply Chain Educators Answer 6 Pressing Questions

For much of the decade prior to the pandemic, the number of students in supply chain programs couldn’t match industry’s need for supply chain professionals. “The biggest challenge was convincing students it was a real career path,” says Brian Fugate, chair of the department of supply chain management at the University of Arkansas. As the […]

Read More
Grocery Shortages: The Worm in the Apple

Grocery Shortages: The Worm in the Apple

It started with toilet paper. Spurred by the onset of the pandemic, consumers bought toilet paper rolls in droves. Sales of the product rose 60% annually in March 2020, according to the Statista Consumer Market Outlook. On April 19, 2020, toilet paper was out of stock in nearly half of U.S. grocery stores, estimated NCSolutions, […]

Read More
10 Tips: Optimizing E-Commerce Fulfillment Operations

10 Tips: Optimizing E-Commerce Fulfillment Operations

E-commerce sales are projected to continue rising steadily. In this environment, it is more important than ever for retailers and brands to fill orders quickly, seamlessly, and cost-effectively. Here’s how your fulfillment operations can optimize performance.

Read More
Block and Tackle: How to Choose a Freight Bill and Audit Payment Provider

Block and Tackle: How to Choose a Freight Bill and Audit Payment Provider

Interest in freight bill audit and payment (FBAP) providers has gained momentum in recent years as the demand for experts to manage transactions between shippers and carriers grows. FBAP providers can help shippers contend with complex transportation processes, while also bringing fresh tools and expertise that can add strategic value to shipper operations. The freight […]

Read More
The Evolution of Audit Gave Rise to an AI-Driven Smart Audit

The Evolution of Audit Gave Rise to an AI-Driven Smart Audit

Q: What’s in a freight audit? A: It depends on who you ask. Some say a freight audit is a simple process that ensures shippers pay what they’re supposed to. Others consider an audit a vital resource for understanding and making more informed decisions around every shipment. We’ve transformed the traditional freight audit into something […]

Read More

IN BRIEF: New Supply Chain Services & Solutions

Stay up to date on the latest transportation, supply chain, logistics and technology solutions. Transportation The Lufthansa Group is expanding the capacity of Lufthansa Cargo’s freighter fleet. The airline has ordered a total of 10 freighters, including three Boeing 777F freighters and seven 777-8F freighters. Boeing’s next-generation aircraft lowers fuel consumption and has 17% more […]

Read More