Shipping containers in the supply chain

3 Ways to Improve Supply Chain Efficiency

Supply chain efficiency plays a crucial role in determining a company’s total cost of business (TCOB) as well as customer satisfaction. For industries handling perishable products such as the grocery and pharmaceutical industries, order-to-delivery turnaround times are especially important to ensure that the products are safe for consumption by the end customer. An efficient supply…

Woman in supply chain warehouse with scanner for tracking

Cost Management in the Supply Chain: Techniques for Lowering Overall Costs

A food item or consumer packaged good makes quite an interesting journey through the supply chain—moving from producers to manufacturing facilities to warehouses before ultimately reaching the supermarket. Though inflation and taxes play a major role in determining the prices of these products, the supply chain impacts final prices, too. For example, social distancing and…