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Why Are Transportation Costs Increasing for Supply Chains?
Consumers are likely noticing that some grocery items–a box of Honey Nut Cheerios, for instance–now cost more than they used to. They’re also likely to find that these price increases aren’t confined to the cereal aisle. The culprit is higher transportation and logistics costs in the U.S., which have caused industries across the board to…
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The Top 5 Pharma Supply Chain Challenges in 2018
In 2009, Johnson & Johnson made several recalls of their popular over-the-counter pain reliever Tylenol after a musty odor was reported by consumers. The company was continually forced to make larger recalls over the next couple of years, with the final one in 2011. The origin of the musty smell consumers had been reporting was…
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How to Reduce Logistics Cost on Transportation with Industrial Plastic Pallet Pooling
Anyone in business knows that sales numbers sometimes seem like staggering amounts of money. A million pounds of apples sold at $1.68 per pound would appear to yield a princely $1.68 million. However, this number is deceptive because it doesn’t take into consideration the wholesale cost of the apples and what was spent getting them…