While it’s no surprise that the pandemic has been good for e-commerce and logistics — Amazon’s sales were $96 billion for Q3 2020, representing a 37% year-over-year increase — COVID-19 isn’t solely responsible for advancements in the logistics industry. While many believe that the pandemic hastened the adoption of technologies that can source, pack, and ship …
Small and large brands alike are increasingly relying on automated inventory management to help meet customer needs. Inventory management systems are nothing new, but the falling cost of entry means more accessibility than ever. There are several benefits to these systems that even the most minor e-commerce operations should know. Reduced Risk of Human Error …
Ask any small company if it’s spending too much time fulfilling orders, and the answer is probably “yes.” If your answer is “yes” as well, it’s time to consider whether you should outsource logistics to a third-party logistics firm. An excellent 3PL firm isn’t just another vendor; it’s a partner — a partner who happens …
“If it ain’t broke, don’t fix it.” You’ve probably heard this saying before, a lot. While many business systems aren’t necessarily broken, they could still benefit from improvements and upgrades. This sentiment is especially true in logistics and warehouse management. For decades, not much changed, principally because warehouses, forklifts, trucks, and other equipment do not …
In the age of online retail, customers have higher expectations than ever for store inventory and customer service. This makes it increasingly important to focus on efficient inventory management. With increased competition from other online retailers, it’s easy for them to shop elsewhere if customers are unsatisfied with your shipping and return policies. A comprehensive …
Partnering with a third-party logistics provider (3PL) was a sound business decision for many shippers even before the COVID crisis. Still, the pandemic has made a case for a logistics partnership even stronger. COVID-19 has disrupted the supply chain, globally and locally, in ways that would have been unimaginable just a year ago. Partnering with …
Technology has changed (and vastly improved) virtually every facet of everyday life and business, and this trend doesn’t appear to be slowing down any time soon. This is especially true in business areas with many moving parts, including logistics and supply chain management. Supply chain management (commonly referred to as SCM), which includes both hardware and …
Tom McCormack is Taylored Services’ Chief Information Officer (CIO). He’s been in IT for more than three decades, most of that time in logistics and warehousing. He came to Taylored with solid credentials, including stints as CIO or CTO at a pair of companies with annual revenues in the billions of dollars. As I prepared …
For many new e-commerce players, there comes the point when choosing a third-party logistics (3PL) partner is the most practical way to manage growth. Instead of grappling with staffing and warehousing issues, using a 3PL to handle fulfillment frees you to do what you do best: managing and marketing your product line. Not all fulfillment …
Until recently, the trends in your retail supply chain were easy to track and prepare for. There were always the seasonal peaks and valleys, and, depending on your business, they tended to stick to the same trajectories, year after year. Then there were the growth periods when demand increased from the same period of the …