Convinced that blockchain is on the brink of transforming the package-delivery business, FedEx Corp. is testing the technology to track large, higher-value cargo.
One of the biggest challenges of ship-from-store fulfillment is order consolidation, or the ability to bring an online order with multiple products into a single shippable package. When inventory is located across multiple stores and distribution centers across the country, it is quite the logistical feat, especially for mid-market retailers, to determine the quickest, most efficient way for product to be shipped to the customer.
When Johnson & Johnson heard complaints in 2009 about a musty odor coming from Tylenol Arthritis Pain caplets, it retraced its entire supply chain to find the source. The culprit: shipping pallets.
Imports at U.S. major retail container ports are expected to grow steadily throughout the summer despite the prospect of heavy tariffs on goods from China, according to the monthly Global Port Tracker report released last week by the National Retail Federation and Hackett Associates.
The U.K. government has asked business groups to map their supply chains to flag the areas of the economy most at risk if Brexit imposes additional trading costs on exporters, two people familiar with the matter said.
Billions of dollars of deals signed by international companies with Iran are under threat after President Donald Trump announced he was pulling out of a “rotten” nuclear deal with Tehran.