reduce shipping costs

Best Practices for Reducing Shipping Costs

While economies throughout the world appear poised for a strong recovery, shipping companies still face significant supply chain disruptions and bottlenecks. Demand for product deliveries continues to surge even as the global pandemic recedes. The Port of Los Angeles logged its busiest month ever in May, handling more than one million shipping containers.  As this record volume of cargo overwhelms dock workers, truckers, warehouses, and railroads,  supply chain companies struggle with costs associated with delays,…

supply chain workers

The Labor Crisis and the Shortage of Supply Chain Workers

The labor shortage continues to make headlines as the American economy struggles with the effects of a pandemic showing signs of resurgence. “Help wanted” signs adorn shop and restaurant windows in most communities. Job fairs showcasing dozens of companies have seen poor jobseeker turnout. CEOs around the country complain they simply can’t find enough supply chain workers to meet growing consumer demand.  The explanations for this shortage…

Supply Chain Risks

Minimizing Supply Chain Risks

The outlook for the economy looks rosy, fueled by increasing vaccine rollouts and the reopening of communities and businesses. Even the much publicized labor shortage may be a sign of recovery from the pandemic, as many workers leave jobs to find better opportunities elsewhere. Profits for companies are expected to grow by an average of 4% in the next 12 months, while revenues are expected to climb by 5%. Both…

Reducing Logistics Costs

Reducing Logistics Costs in the Post Covid Economy

Consumers may not be aware of it, but most companies engaged in shipping products are likely struggling with rising logistics costs.    On the one hand, the COVID economy has led to booms such as warehouse construction, as consumers increasingly purchase goods online and expect delivery right to their doorsteps. But the costs of business logistics have also risen as strains on…