Is your supply chain secure? A supply chain security issue occurs on the weaker parts of an organization’s supply chain. Not surprisingly, supply chains are especially vulnerable because of the many links, people, and locations along the transportation process. Security incidents can be detrimental to your business with immediate costs but can also cause future […]
Recent events have disrupted business activities and supply chains around the world. The spread of the COVID-19 pandemic and the Ever Given getting stuck in the Suez Canal are examples of events that have caused unexpected delays in business operations as well as a backlog in ports. Businesses are not able to keep a consistent […]
Compliance has become one of the most challenging aspects of international retail. The more global and complex your supply chain, the more difficult it is to comply with all of the different regulations. This is particularly true for businesses that have specialty products like food or electronics. With new laws being implemented regarding global supply […]
Maintaining a temperature-controlled atmosphere during shipping can present a challenge, especially in hot summer months. As shipments go through a variety of temperatures and humidity levels on route to their final destinations, some products like pharmaceuticals and fresh food must be kept refrigerated to maintain their efficacy. Not regulating the correct temperature for these types […]
Recent wildfires that have broken out across British Columbia, Canada, and on the West Coast of the United States have caused serious delays to rail freight transportation. Western Canada and the U.S West Coast’s severe heat waves resulted in several large wildfires that have now created a bottleneck in exports and imports. Shipments sent via […]
Cybersecurity Risks in the Supply Chain are Increasing: Are you Ready? As organizations are becoming increasingly interconnected with their partners and vendors, cybersecurity risks are fast becoming a serious threat. With an estimated 80% of all cyber breaches occurring in the supply chain, businesses need to identify potential risks and the likelihood that they will […]
The global COVID-19 pandemic has exposed some weak links among many companies’ supply chains over the 18 months. As we emerge from the pandemic, it is a good idea for businesses to re-evaluate their inventory levels. While the last year has presented inventory challenges for many companies, levels should return to more realistic levels. Keeping […]
As the e-commerce market segment grows, so does the need for a reverse logistics plan. The tracking of aftermarket activities, or reverse logistics, can provide insight into your logistics management overall. Reverse logistics helps anticipate and manage aftermarket issues and is effective in improving supply chain management and overall business performance. What is Reverse Logistics? […]
The pandemic that has gripped the world over the past year has shown just how vulnerable supply chains can be. Manmade and natural disasters and unpredictable situations can leave a supply chain, and its managers, exposed. A risk mitigation strategy is necessary to be able to prepare for unplanned disruptions. The Impact of Disruptions Today’s […]
As consumers continue to turn to e-commerce for their shopping needs, the need to deliver on time, every time has become imperative for both retailers and carriers. Yet missed deliveries happen often. The cost of late shipments has both financial and non-financial implications. And the impacts are wide-reaching as the cost of a missed delivery […]