There are so many logistics providers that it can get overwhelming for almost anyone in search of the best for their company’s needs. In fact, there are 5 different types: 1PL, 2PL, 3PL, 4PL, and a new (and much debated) 5PL, which deals in e-business.
Archives for January 2018
Data Decay: What is it & Why is it Important?
Companies hold an obscene amount of data, from addresses and phone numbers, to job titles and transfers. Most think that doing one good clean out of unused data will get rid of it, but this is not the case. Over time, data decays and takes up space making company transactions less and less successful.
Which Surprising Process Are 78% of Companies Adding to Save Money?
More and more companies are “going green” to save money while logistics expenses are continually growing. One very simple and important process to implement is returns management. While eco-competition keeps growing and environmental regulations are becoming stricter, more companies are adding returns management.
Strategic Fulfillment Advice for Flash Sales & E-Commerce Retailers
When it comes to e-commerce and online retailers, it can be difficult to have an organized fulfillment strategy. Even worse, having a rapid and flexible supply chain during a retail flash sale is nearly unattainable without the proper knowledge and solutions. In the video below, Omer Rashid, the manager of Exel Canada’s solutions and engineering […]
Executives: Do You Have Confidence in Advanced Analytics?
A survey found that there has been a huge incline in the use of advanced analytics and more companies are putting much more faith into the numbers it provides. The Accenture survey of 600 business executives, with titles of director or above, found that the use of predictive analytics has sharply risen since 2009, since the last […]
Would Shorter Lead Times Transform Your Supply Chain?
Every company is in search for better supply chain optimization. One of the main reasons that a supply chain is not running at its best is information or system based lead time, or the amount of time it takes for information to be shared between partners. Long lead times can lead to several problems in a […]
160+ Clever Modifications to Fire Up Your Supply Chain
A supply chain is very complicated. Thinking about how a package gets from place to another seems like a relatively easy concept, but as we all know, it isn’t. Managing a supply chain that is consistently performing at its peak is even more difficult, between warehousing, 3PLs, inventory, transportation, and global logistics operations, just one piece […]
Are You Using Correctly Using Customer Feedback From Social Media In Your Supply Chain?
It was a very busy time of year last month for supply chains, keeping the shelves stocked and delivering packages to businesses and houses across the country.
Why Must Your Online Business Implement Predictive Analytics?
Predictive analytics has been around for a long time. Because of its costs and complexity, adopting the technology to analyze predictive data has not been commonly implement into many companies. Now with Big Data, times are changing. The adoption of big data is more affordable and more necessary and advantageous than ever for competing with other […]