In the midst of the worst global supply chain crisis in recent memory, some businesses are finding creative ways to get around severe congestion at seaports and inland freight terminals.
Shippers and carriers are turning to technology to overcome new supply chain challenges. One process that requires a lot of personnel interaction, and has been specifically targeted for improvement, is the transfer of the bill of lading (BOL).
The U.S. supply chain is squeezed, with industry reports stating that the country needs to add at least 330 million square feet of warehouse space dedicated to e-commerce by 2025 in order to keep up with the current rate of demand.
The concept of the barcode — an alphabet made up of thick and thin bars — came into being in the 1950s. Today, it’s hard to imagine a world without it.
In any other year, expectations of strong sales for the upcoming holiday shopping season would be the fulfillment of a dream for retailers. Instead, it’s shaping up to be something of a nightmare.