Logistics technologies are changing how modern retailers operate. Huge warehouses are being built to house an infinitely higher number of products. Home Depot is revamping their distribution center strategy to include a host of regional centers, and logistics providers stand to reap significant profits from increased collaboration in the marketplace.
Today’s logistics empire is not your grandfather’s or even your father’s logistics operation. Consumers are expressing an unprecedented amount of power through eCommerce, and in fact, eCommerce logistics is growing increasingly reliant on small parcel and package delivery options daily.
In 2015, global eCommerce generated more than $6.6 trillion, reports James Keller of Internet Retailer, and 2016 is shaping up to surpass last year’s records. Meanwhile, major payment processing companies, such as Visa, and dominant shippers are turning their attentiveness to improving global eCommerce this year.
ECommerce is growing at an astonishing rate. In fact, the number of online sales rose 16.3-percent annually, reports Jeffrey B. Graves of Inbound Logistics, accounting for nearly one-half of $1 trillion by 2010. Meanwhile, the number of warehouses has not yet grown enough to accommodate the surge in order fulfillment and processing.
On July 1, 2016, the Institute for Supply Management announced the manufacturing index rose to 53.2 in June, reports The Chronicle Herald, alluding to a potential increase in overall U.S. GDP, which holds major hopes for the future of manufacturing. Yet, the renewed scrutiny of Clinton for her emails and unstable politics continue to frighten many U.S.
A transportation management system (TMS) is often considered an ideal choice for less-than-truckload (LTL) and full truckload (FT) shipments. In reality, a dedicated TMS can be applied to improve the efficiency and dynamics of any type of shipment. For small package shipments, a TMS can prove to be an invaluable resource by providing the following significant benefits.
Many businesses have a tendency to go hastily through small package contract negotiation processes. Unfortunately, many of these entities to end to have a large, small package or parcel spend, but a small package outside negotiator can help save significant revenue.
Shipping processes and best practices are continually evolving and adapting to help small and medium businesses gain a competitive advantage in an increasingly complex global economy. Driven by the growth of e-commerce, more shippers are involved in the global economy than ever before.
A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money.
Editor’s Note: This is a guest blog from our good friend Daniel Waldron from Armagard. Today, Daniel shows us what to look for when in the market for an industrial computing enclosure.