In recent years, stakeholders throughout the supply chain — including manufacturers, retailers, and logistics services providers — have had to find new ways to remain efficient and adapt swiftly to an evolving economic environment. As 2020 brought the onset of the pandemic, businesses quickly realized that stay-at-home orders and tightened restrictions would fuel increased demand…
Ports play a crucial role in the success of the global supply chain. Over the last several years, port congestion has been at an all-time high, causing major disruptions throughout every industry. Ships waiting to drop their cargo for hours, and sometimes days, outside of shipping ports cause disruptions throughout the rest of the supply…
Industries and consumers across the board have felt the impact of supply chain disruptions over the last several years. From baby formula to semiconductor chips, shortages continue to put strains on every market as businesses work to build back from the challenges posed by the peak of the pandemic. Many companies are hardening their infrastructure…
Supply chains worldwide have faced massive challenges over the last several years. Product shortages, port bottlenecks, labor crises, and more have prompted manufacturers and retailers to invest in emerging technologies such as artificial intelligence, machine learning, and automation to alleviate the impacts of supply chain disruptions and help manage optimized logistics. As companies increase their…
Amidst the many changing consumer habits over the past several years, the expansion of e-commerce has pushed many retailers to look for ways to adapt to the growing demand. To keep up with the influx of orders and ensure speedy delivery times for their customers — regardless of their proximity to distribution centers — retailers…
Throughout the supply chain industry there are various types of inventory management processes that businesses use depending on how they operate. Some examples of inventory management trends include the min/max method, omni-channel fulfillment, just-in-time, and just-in-case methods. Perhaps one of the more popular practices, the just-in-time method, involves a business setting up its supply chain…