Inflation is raging at an annualized rate of well over 8% and worker shortages and wage increases — at over 5% — are also increasing corporate costs and negatively impacting profitability.

Trade compliance has always been a dense thicket to navigate, and fines for failing to do so can up-end a business. Now, it’s more complex and fast-changing than ever.

Labor challenges. Getting orders out the door on time. As a logistics manager, you know it’s tough enough to deal with those firestorms, let alone find time to focus on warehouse productivity. What can you do to even out that struggle? 

The cross-border ecommerce market is expected to exceed US$2 Tn by 2026, with a CAGR of over 17% due to increasing consumer confidence in buying goods online from other countries.

Using ecommerce workflow-driven growth strategies can differentiate your 3PL from your competitors, providing the promise of future success by forming concrete ecommerce best practice workflows. 

Manufacturers and retailers often source materials, components or finished products from low-cost countries to improve cost-competitiveness, despite the greater risk of trade wars and other disruptions in extended, global supply chains.

It’s usually because many people don’t know the difference between inventory fulfillment in an Enterprise Resource Planning (ERP) and a dedicated, modern warehouse management software system (WMS). These two systems go head-to-head in this guide from Deposco.

Keeping excess inventory as a safety strategy is a losing proposition for companies. It doesn’t work because companies often hold inventory that’s not usable or is obsolete, representing a dead loss, sometimes on the order of tens of millions of dollars a year, to the company.

Implementing intelligent materials systems that are simple, purpose-built and sustainable is important when embarking on an effort to optimize supply networks.

After more than two years of a pandemic, global unrest and economic fluctuation, quality management throughout supply chains has never been more complicated.