article thumbnail

Freight Document Processing: Dos and Don’ts

RPA Labs

When asked about this for the 2021 MHI Annual Industry Report , 53% of the supply chain professionals surveyed said they are investing in robotics and automation technologies, while 54% are investing in cloud computing and storage. Do Enable Real-Time Document Sharing Capabilities. Do Enable Real-Time Document Sharing Capabilities.

article thumbnail

What Is Order Fulfillment and It’s Process and Strategies

Locus

So, knowing more about order fulfillment, its importance, process, and strategies is critical. In a recent global survey of 31,040 shoppers, 41% said they wanted to receive the product within 24 hours, and 24% wanted to receive their orders in less than two hours. So there is no fixed rule for selecting the order fulfillment strategy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating a Lost Bill of Lading (BOL) with Courier Companies in International Trade

MTS Logistics

The global shipping industry heavily relies on accurate and timely documentation, such as the Bill of Lading (BOL), to transport an astounding 11 billion tons of cargo annually. However, supply chain disruptions caused by document delays or loss can have severe financial consequences for businesses. million per event.

article thumbnail

The State of The Freight : Unique Challenges and Novel Solutions

Shipping and Freight Resource

2020 threw at us a potent concoction of virulent market conditions including a pandemic, skyrocketing freight rates, reduced availability of space and equipment on container ships, unprecedented demand and port congestions along with the usual documentation and visibility issues that we have been facing for years. Take the survey.

article thumbnail

The Power of Impactful Employee Incentive Programs & How To Measure Their Success

WorkWave

Retaining Top Talent and Keeping Employees Happy The Society for Human Resource Management (SHRM) conducted a survey estimating that employers spend the equivalent of six to nine months of an employee’s salary to properly find and train their replacement. How do you know which incentive program is right for your organization?

How To 52
article thumbnail

German-Asian Export Strategy in 8 Simple Steps for Every Small to Medium Sized Business Owner

Forto

Furthermore, the OECD Economic Surveys – Germany (April 2018) state that strong domestic demands and especially exports are “driving economic growth”. And with these factors as your tailwind we think that the following 8 strategies will take your business to the next level. Start Thinking of Challenges as Opportunities.

article thumbnail

65% of Companies Plan Supply Chain Innovation Investment

Logistics Business Magazine

The report found that 59% of companies surveyed accelerated the pace of innovation investment and deployment over the last two years. Moreover, 65% plan to increase their technology spending over the next two years; however, 87% indicated they still face internal inhibitors to supply chain and logistics innovation.