Most industries end up affected by global change and shifts in the larger economy, and the logistics industry is no different. In fact, the logistics industry can be particularly sensitive to business trends, production processes, and economic concerns. Here are 5 trends that are making a real impact in the logistics industry. A Growing Customer …
Globalization has forced logistics companies to look closer than ever into the efficiency of their operations and transloading has become a state of the art solution for increasing productivity and keeping the supply chain moving. Transloading is the process of utilizing more than one mode of transportation as goods move through the supply chain. This …
Taylored Services announces campus setting by leasing 100,000 square feet (SF) of additional space at 201 Mill Road, Edison, NJ (Taylored Edison II), prolonging its long-term partnership with Heller Industrial Park. Serving as the company’s new 20,000 SF corporate headquarters, Taylored Edison II is ideally located just 15 minutes from the port of New York/New Jersey. The location provides …
Working with the right supply chain management company can help companies reduce inventory, speed the time to market, shorten cycle times, decrease costs, and free tied-up cash that can help your company fuel other initiatives. Achieving a reduction in total supply chain lead-time will contribute to inventory reduction and even prevent excess inventory. Read on …
The COVID-19 pandemic certainly was a brutal body slam to the world, impacting things both economically (the GDP fell by 1.2% and unemployment rose to over 14% in the U.S. in the first quarter of 2020) as well culturally. With all this came a “new normal” — different ways of thinking and new rules and regulations, all …
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 …
If there’s one thing 2020 has proven, it’s that supply chain logistics can’t be managed on autopilot. Timely, up-to-date data and analytics are how you maintain resilience in your supply chain during a crisis, but more importantly, they’re also how you drive efficiency in your day-to-day operations. Efficiency, agility, and responsiveness, in turn, can drive …
Your business — in some ways, it’s very similar to many other companies in the same space, yet in others, it is intensely unique. Your product offerings and corporate culture definitely make yours one-of-a-kind, but like the other companies, you’re finding that you’re putting more and more time and resources into keeping your supply lines …
A 2020 study from 99firms found that there are more than 2 billion digital buyers in the world today, with projected sales at over $4 trillion. The trend shows no signs of slowing: The same report projects that 95 percent of all purchases will be transacted through e-commerce distribution channels by 2040. Third-party logistics (3PL) lets businesses …
Now more than ever, e-commerce businesses need to get their products to customers as quickly and efficiently as possible, and introducing robotics into their operation is value-added. Relying on a fulfillment and logistics partner with significant industry experience and investing heavily in advanced technology can change the game significantly. According to Material Handling and Logistics magazine, $1.5 trillion …