Most attention to product is paid at the beginning of its lifecycle, or at the volume-shipping part of its lifecycle. Now, however, companies are beginning to understand that reverse logistics, or the returns or unsold products, is just as important to acknowledge because of various reasons, but most importantly, because of profitability of products and customer […]
Diesel fuel is on the rise once again and has been seen to increase nearly ten cents in one day. This makes it difficult to predict spending from week to week and save accordingly. By implementing these nine simple suggestions, you can save money on fuel, free up cash flow for your business, and also […]
Warehouse Management Systems (WMS) have developed far beyond tracking stock in and out and physically keying data records. WMS now has cutting-edge rules, real-time continuous integration into associated business applications, and straightforward interfaces for computerized equipment and mobile technology.
It has been shown that more than 60% of the total direct labor associated with warehousing is found in order fulfillment. Because of this, the best ways to save money in your warehouse are found within the picking area. When the pick area is optimized fully, there can be considerable savings in time, money, and […]
Pharmaceutical theft has decreased dramatically over the past few years. In 2009, the average for each burglary was $4 million and since has dropped to $120 thousand. This is a 30x reduction in only four years’ time and the number of incidents has also been cut in half.
According to a survey conducted by The Boston Consulting Group, consumers choose the price of delivery as more important than how fast their purchase is delivered while online shopping.
Even if a company is doing what it considers okay or good enough operating the same as it always has, there will be a time, likely soon, that continuing to do the same old thing in the current economic climate will no longer be adequate. Supply chain managers and owners are under constant pressure to […]
Oracle released the results from the report, “Global Insights on Succeeding in the Customer Experience Era”, which surveyed 1,342 senior-level executives from 18 countries in North America, Europe, Asia Pacific and Latin America. The findings were somewhat surprising and found a significant difference between business perceptions and the actual impact of a positive customer experience.
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.
Some may not know that Bill McDermott, co-CEO of SAP, is a recurrent co-host of the CNBC Europe show, Squawk Box. In the latest episode of this flagship show, McDermott discussed the international business outlook, the potential of using real-time data analytics, and more. Watch the interview in the video below. Watch the video at […]