Logistics (101)

Enhancing Efficiency in the Supply Chain Through Real-Time Tracking

In a world that is becoming too competitive for businesses regardless of their type, companies are constantly looking for ways to streamline their operations and gain a competitive edge. However, this cannot be achieved without enhancing supply chain operations. With real-time tracking enabled by advanced technologies, this entire sector has been revolutionized by providing valuable insights and enhancing overall efficiency. Let us explore how real-time tracking can benefit businesses in various aspects of their supply chain.


Helping Small Businesses Benefit From Disruption Within The Shipping Industry

Disruption in the shipping industry – marked by large transportation providers going through operational change, consolidation, and layoffs – will help small businesses cut costs and ensure service levels in 2023 and beyond. The question is how.


Impact of Autonomous Vehicles on Supply Chain Management in 2023

Autonomous vehicles (AVs) are fast becoming famous, changing how businesses operate and revolutionizing the supply chain industry. With the evolution of technology, the implementation of AVs in supply chain management (SCM) will become more common. A report by Allied Market Research notes that the global autonomous vehicle market will reach $556 billion by 2026, with a CAGR of 39.47% from 2019 to 2026. As AVs become more prevalent, businesses must understand their impact on SCM in 2023 and beyond. Here are some impacts of AVs on supply chain management in 2023.


The Complexity of the Supply Chain

Supply chain is a complicated beast, and we can’t afford to skimp on the details (e.g. timeliness, quality, logistics, etc.) in our business operations. Despite the fact that the term is often used interchangeably with “dispatch”, it has a very different meaning and tends to be more about planning for delivery than about getting goods from one point to another on a defined schedule.


The Evolution of Container Chassis Provisioning

When Malcom McLean introduced the world to container shipping in 1956, it not only touched off a seismic shift in the way cargo was handled but also the equipment and infrastructure needed to support containerized operations.


IT Teams Up and Down Supply Chain Can Help Simplify Tax Collection

With the proliferation of omnichannel commerce, retailers up and down the supply chain are faced with new and complex tax compliance challenges. For many companies, the 2022 holiday season acted as a stress test for this explosion of new ways to buy and sell and there is little evidence to suggest a slowdown in sight. While IT teams aren’t traditionally thought of as partners to their tax department counterparts, technology has become a vital piece of the compliance puzzle.


Summing Up the Supply Chain of 2022

The coronavirus pandemic has affected many parts of the value chain, ranging from raw material sourcing to the customer. It has significantly tested various aspects of the companies, such as commercial, operational financial and financial resilience. This challenge has highlighted the risks and resilience gaps for most organizations. With the challenges in the previous years and 2022, we can all look back and sum up the supply chain of 2022. Below is the summary of the supply chain for 2022.


Satellite IoT can ensure holiday shipping runs smoothly

As the holiday season ramps up, the shipping industry is bracing for a 30-40% increase in online orders. Shipping challenges are inevitable given the strained global supply chain and the 80,000 delivery-driver shortage reported by the American Trucking Association. Fortunately, satellite IoT provides a solution to the impending shipping and logistics difficulties with reliable visibility and asset tracking anywhere in the world.


Supply Chain Difficulties Might be Bypassed

Fast delivery is an important part of any company. However, when there is a delay, customers can react, which may lead to backlogs arising from clogged delivery processes. However, routed deliveries can be used to reduce potential backlogs and other issues that may crop up during shipping. Backlogs can also happen if one or various factors in the fulfillment process are disrupted. However, supply chain difficulties might be bypassed through several ways, as explained below:


These Supply Chain Concepts Are the New Definitions to Live By

The coronavirus pandemic (COVID-19) wreaked havoc in many areas of society. However, one of the areas that were affected the most is the transport and logistics sectors. In some countries and within the US, for instance, transport of products and goods almost came to a standstill except for some essential products and services that were needed to solve the health problems experienced at the height of the pandemic. While the essential services were given priority, they also struggled to deliver the necessary products. Like transportation services, manufacturing also suffered due to challenges in supply chains, which affected the availability of raw materials. These supply chain concepts are the new definitions to live by if you are to survive in the event of another disruption.


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