Disrupted supply chains are wreaking havoc all around the globe. Ever since the COVID-19 pandemic, transportation and logistics have changed drastically. The industry faced major disruptions and challenges throughout the pandemic, with the industry’s gross value added going down by 6.1 per cent in 2022 alone.
Without an efficient logistics system and supply chain, businesses can’t function in today’s fast-paced and competitive business environment. As the world grows more complex and becomes more interconnected, unpredictable market disruptions have occurred. When the pandemic affected businesses, especially the supply chains, it became clear that logistics were vulnerable and needed immediate action. (more…)
Starting an online business is not as easy as it sounds. There are various challenges you will face and hurdles that will test you every step. Since the COVID-19 pandemic struck our world, the traditional brick-and-mortar business model has become obsolete. Nowadays, it is all about having an online business.
During the pandemic, the e-commerce industry witnessed an exponential boom, as seen by an increase in sales of $244.2 billion or 43% in 2020, the first year of the global pandemic. Seeing so much potential in the e-commerce industry, everyone wanted to jump on the online business bandwagon. (more…)
Logistics management is the adhesive holding the entire product lifecycle together. It all comes down to efficiently organizing and implementing strategies. This helps fulfil customer expectations and ensures the smooth execution of business operations and processes.
In logistics management, goods ranging from tangible to edible items are managed. While doing so, logistics management deals with a wide range of information and other management tools. In addition, they also have to deal with material handling, product packaging, warehousing storage, transportation, and security. (more…)
Pick-and-pack processes are the foundation of most e-commerce businesses, which is why it’s essential to keep learning and discovering new ways to optimize them as much as possible. This will help you generate the best value for your business and services.
If you make a mistake in optimizing your pick-and-pack services, you may lose your reputation and value in the eyes of the customers. Plus, you may experience monetary losses as well. However, if you get it right, you can streamline your overall business processes and generate revenue like never before. (more…)