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Shipping operations have become enormously more complex and difficult to manage. To meet these challenges, businesses need to go beyond traditional fixes and into the realm of comprehensive carrier management systems.
Along with the passing of supply “chains” in favor of supply “networks,” statistical forecasting is passing in favor of more advanced cognitive technology.
As the ease of buying goods online grows, so does the rise in returns. Reverse logistics costs can amount to nearly 60% of an item’s sales price — but there are a growing number of ways to mitigate these costs.
Timely payment is a persistently weak link in the financial supply chain. Though that has always been the case, the pain companies feel as a result of late payment has become more severe in the past two years.
The latest news, analysis and trends regarding technology solutions and their impact on supply chain management. New technologies in forecasting and demand planning, supply chain visibility, big data analytics, the internet of things (IoT), cloud and software as a service (SaaS), enterprise resource planning (ERP) and transportation management systems (TMS) and WMS are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of supply chain technology solutions.
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