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7 Tips For Building Supply Chain Resiliency

GlobalTranz

Shortages of products from toilet paper to microchips during the coronavirus pandemic highlighted the value of supply chain resiliency, and the opportunities for companies that aren’t as prepared as they would like. By contrast, supply chains that are too lean may not have enough flexibility and redundancy to survive unscathed.

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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.” In most industries, supply chain logistics account for 5% to 50% of a product’s total cost.”

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Digital Transformations Require Clean, Accessible, Up to Date Data

Logistics Viewpoints

Matt Elenjickal, the Founder and Chief Executive Officer of FourKites, has pointed out that “data is the raw fuel of a digital transformation.” But it must be quality data! When enterprise implementations take longer than expected, almost all do, the amount of time needed to clean up the data is often the leading factor.

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5 Tips for Achieving the Most Out of Your Supply Chain Data

GlobalTranz

In a recent study, MIT found that companies that focus on 5 key initiatives to improve their supply chain data can have a big impact on their bottom line. Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. Hanesbrand Inc. ,

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5 Budget-Friendly Tips for Ecommerce Brands

Ship Monk

No matter what type of ecommerce store you’re running, ShipMonk wants to help bolster your success with FIVE of the BEST BUDGET-FRIENDLY TIPS to protect your bottom line and enhance your profits. #1 For example, ShipMonk customizes logistics services and associated fees to the unique needs of every client.

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Fresh Demand Planning: How AI Empowers Retailers

Logistics Viewpoints

Motivated by how many tips I could get, I hated when it would rain for a week straight in the summer because very little ice cream would be sold, and the tip jar would stay empty. Looking back on that week of straight rain in August, not only were my tips affected, but the data for future forecasts was as well!

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Editor’s Choice: Tips for Trucking Companies to Decrease Their Insurance Premiums

Logistics Viewpoints

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Emerge and offers tips for trucking companies to decrease their insurance premiums. To read the full article, click HERE.