By removing bottlenecks in the supply chain, companies can reduce inventory and operating expense, while enhancing throughput and overall effectiveness.
In the wake of multiple disruptions to global supply chains over the last few years, a variety of technologies has emerged to help business leaders achieve resilience.
With the new year well underway, shippers can shift their attention to the general rate increases levied by parcel carriers, and focus on mitigating their impact on shipping costs.
In the last few years, the growing sophistication of artificial intelligence has brought unprecedented levels of precision, efficiency and innovation to supply chain management.
While numerous applications are available for optimizing a variety of logistics functions, the first- and last-mile segments are proving to be especially complex, generating significant costs for shippers and carriers.
Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.