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4 tips to reduce cargo damage and save money on shipping costs

Shipping and Freight Resource

As per a Statista survey, eighty per cent of consumers say they’d return a product they received that was damaged in shipping. But if you can reduce cargo and shipping damage , you can cut shipping costs. Other departments of your organization will also save money and function more efficiently, too. Fill Containers Wisely.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers.

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7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Supply Chain Strategy. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers.

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Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. to anticipate conditions that signal an emerging demand spike.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

So, we had a very urgent need to have visibility to which suppliers around the world were providing goods, materials, and feedstock to other suppliers.”. BD has about 5000 suppliers that are delivering, components and materials that go into their products. The company had access to huge amounts of trade data, for example.

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Reverse Logistics: Who Does it Well?

Logistics Bureau

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ In a manufacturing plant, reverse logistics performance is tied to the money or materials that can be recovered cost-effectively from the returned product. A plan is necessary, possibly based on one of the following strategies.

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Supply chain trends to watch out for in 2023

Logistics Business Magazine

For example, a big-box retailer that started to build out its pickup services, it delivery services, and so on, so that when the world pivoted, and stores were closed, but people still wanted this retailer’s products, it already had all of that investment there. This alone will have a tremendous impact on the industry.