Well-organized inventory management is a must-have for a successful retail strategy. In the post-pandemic world, optimal use of warehouse space is a necessity to meet the budget bottom line and grow profits. Often, shippers are faced with inaccurate or inconsistent inventory management which leads to overstocking or understocking.  While understocking is a common issue, overstocking, or deadstock, is rarely talked about in the retail industry. However, it isn’t less important and can have equally damaging c
If modern Cupid had to be embodied, physically, it would look like one of the world's global supply chain networks. Today, especially amidst the global pandemic, it's hard to deliver love without logistics. Flowers, cards, and chocolates are the first thing you might associate with the holiday of love. Ironically, delivering these signs of warm feelings requires planning a very robust cold supply chain to maintain the products' condition. ![Get a Quote] (
The global pandemic has changed the e-commerce landscape forever. With intense digitalization and the exponential growth of online shopping, retail supply chains across the world are now strained with new market demands. One of those demands is a more efficient order fulfillment strategy, which requires reviewing your warehouse practices as well. Inventory discrepancies are becoming a costly issue for businesses. Essentially, more orders and transactions increase the chance for errors, so inventory accuracy
Supply chains in the US have been widely stretched around the globe for decades. Outsourcing and offshoring manufacturing has been a gold standard in the industry until 2020. Then, the pandemic happened, accompanied by many other economic and political factors like the US-China trade war and Brexit. Considering these factors, the time has come to shorten the supply chains. Many retailers and businesses in the US are trying to develop a better local supply chain, use regional freight carriers, and take other
COVID-19 and the subsequent economic fallout was a trying time for both businesses and supply chains in 2020. And while uncertainty still hangs over many businesses, others are adopting new practices to shore up their shipping strategies in a post-COVID marketplace. 2020 proved that there are still changes to be made if businesses are going to build shipping strategies designed to withstand any storms that come over the horizon.  Preparing a successful shipping strategy for 2021 - 1. Pay attention to ma
Setting a transportation budget for 2021 seems like a daunting task after the roller coaster that was 2020. While many companies will surely keep their budgets low, logistics and transportation experts anticipate a rise in short-term contracts, extending existing agreements, and early planning. What are 3 key things to consider when planning your transportation budget in 2021? - 1. Rates will increase As a direct reflection of conditions created by COVID-19, there has been a dip in pricing across all ma
Whether you are a furniture manufacturer or just moving pieces of furniture across the country, shipping is as challenging as you make it to be. A DIY-move can be burdensome and expensive, and many manufacturers turn to professional shipping services. A major concern when choosing a shipping partner is how much does it cost to ship furniture, and that’s why shippers seek affordable, reliable shipping platforms to move their furniture in an affordable way. How to make furniture shipping affordable - Defin
This year was challenging for everyone, especially small business owners. COVID-19 and the economic fallout have highlighted the weak points in companies’ strategy, inventory, marketing, and transportation. Anticipating future trends in the face of so much uncertainty is more vital than ever. Here's a rundown of what your business can focus on heading into 2021. Key small business trends in 2021 - Local cooperation One important issue that business owners and retailers have faced is a disruption in the
The holiday season is just around the corner, traditionally starting with Black Friday and Cyber Monday. If you have ever made it through the holiday season as a small business, you know the rules. The earlier you start preparing your strategy, the more successful your company’s efforts are. Whether you are a manufacturer that needs to deliver supplies on time, or a retailer selling goods, proper planning is key. You probably already have a plan by now for the upcoming holiday madness. Considering it’s 2020
Freight transportation serves an extremely wide scope of industries. Many of these industries involve heavy equipment, metals, or other bulky cargo. For these purposes, there is a special shipping type known as specialized shipping. Specialized freight shipping is used in industrial businesses like oil and gas, mining, metal manufacturing, and more. In most cases, these businesses require specific freight handling because loads are either too big, too heavy, or need services that regular shipping companies