Lately, it seems the shipping industry is staring down an all too familiar problem: the race to the bottom. This means annual RFPs and frequent carrier switching, costing shippers money as they spend time finding and onboarding new carriers. But it doesn’t have to be this way. With a bit of innovation, carriers can find […]
Shipping is cleaning up its act, but not everyone appears to be ready. Oceangoing vessels have burned heavy oil, the world’s dirtiest propulsion fuel, since switching over from coal. Starting on January 1, 2020, the industry will take a big step in the right direction– but for some, that step may be more of a […]
These days, you don’t have to inhale to get a lift from the marijuana industry. With a market cap that is estimated to be as high as $77 billion by 2022, legalized cannabis has the potential to be so lucrative, it’s sometimes called the “green gold rush.” However, like the original gold rushes, investing in […]
For years, the conversation about innovative fulfillment strategies has been driven by a single company: (you guessed it) Amazon. Retailers have often been left playing catch-up to the aggressive, customer-focused fulfillment philosophy pioneered by Jeff Bezos’ Seattle-based Goliath. Recently however, other companies have been exploring creative distribution solutions of their own, and are finding themselves […]
When longtime LTL titan New England Motor Freight (NEMF) announced it was filing for bankruptcy in February, the news was greeted with shock, sadness, and plenty of blame. For its part, NEMF largely blamed its employees’ union for refusing to make contract concessions. Many industry observers blamed NEMF’s biggest customers, especially Amazon, for forcing the […]
There’s no denying that Amazon (and e-commerce more generally) has irrevocably changed the science of warehouse management. Warehouses, which were once seen as a necessary but uninspiring cost center, are now the lynchpin in many companies’ distribution strategies. Order turnaround has been cut from days to hours, so highly-organized warehouse processes are a must to […]
By practically any metric, 2018 was a roller-coaster of a year for anyone in the world of logistics or supply chain management. The economy boomed, but the rumblings of nationalism and isolationism threatened to bring the expansion to a screeching halt. Technological developments promised huge leaps in efficiency, but the bottleneck of the driver shortage […]
It seems like just yesterday Millennials were the new generation disrupting old paradigms and forcing businesses to adapt to their preferences. But these days, there’s a fresh crop of young people joining the workforce and the marketplace: Generation Z. Gen Z–generally considered to comprise people born between 1995 and 2005–is beginning to come of age, […]
Perhaps the most frequently repeated truism in logistics and supply chain management is that it’s all about relationships, and the supplier scorecard may be the best way to judge the health of those relationships. Designing a scorecard that accurately reflects your business’ needs and priorities is the most effective way to clarify your own expectations, […]
In the weeks since the US and China released their dueling lists of tariffs, the world has gotten a glimpse of just how delicate and complex our supply chains have become. The US had already imposed steep tariffs on imported steel and aluminum, then specifically targeted China with heavy machinery, medicine, and 1,300 other items. […]