If you are thinking about partnering with a third-party logistics company, you are not alone. Many small and new businesses outsource their distribution and logistics to external parties to save costs and minimize risk. However, most businesses owners are hesitant because of the myths that have surrounded the idea.
Outsourcing directly influences business growth and success. It’s a great way to get expert help, opinions, knowledge, resources, and infrastructure while reducing and saving operational costs. It simply means that you have handed over your entire supply chain process to another party – an order fulfilment company. (more…)
The logistics industry has been the subject of many challenges in recent years. With rising expectations and changing industry landscape, most logistics companies are looking for ways to address these changes and challenges. It’s fair to say that the rapid advancements in modern technology play a central role in the changing industry landscape.
Although some technological advancements can disrupt the industry processes, technology can mostly be used to leverage the power of automation, optimization of work processes, and artificial intelligence. Many industrial processes such as safety, transportation, data handling, and delivery have been optimized using technology. (more…)
The COVID-19 pandemic created a great imbalance between the demand and supply of goods, compromising the global supply chains. In recent years, the production of goods slowed down due to the closure of factories and industries, which created a gap in the market. Global production decelerated, affecting businesses and consumers.
Now that things have returned to a new normal, the demand for products is as high as ever. Every year, especially post the pandemic, the global supply chain and logistics industry undergo significant changes. According to research, more than half of all global retailers are embracing digital transformation in the aftermath of the pandemic.
If anything, the last two years have been great proof that industries need to adopt new methods and embrace change. This is the only way they can keep up. As the world continues to move forward, reeling in the after-effects of the pandemic, it’s important to stay ahead of the technologies and innovations that will shape the future of the logistics industry. (more…)
As an e-commerce business owner, you have one goal: to wow your customers and grab their attention. Customers are hard to please, especially when you are an online store and the sales tactics you can use are limited. But one way you can please and engage customers is through your packaging.
As an online store, the only tangible contact customers will have with your business is the product itself. So, why not leverage the power of product packaging? For this, innovation is key. You need to think out of the box and create packaging that will educate, inspire, and engage your customers. You must use your packaging to differentiate your products from others present in the market. (more…)