Decreasing transportation logistics expenses is one of the top priorities of many businesses. If shipping freight is a vital component in the operations of your company, then it will probably continue to encounter increasing costs in the entire transport logistics. Aside from the usual increase in fuel prices and equipment expenditures, your business also faces...
Businesses usually utilize sea shipping to move their goods around the world. For centuries, shipping by sea has been a popular method of transportation across long distances due to its affordability, high load capacity, and dependability in extreme weather conditions. There are different types of sea freight shipping options to transport your cargo fast and...
Inventory management in logistics is one of the most vital aspects of any business. It helps formulate, organize, implement, and control the efficient flow of goods in the supply chain management network. The process includes ordering new products, storing the products, adjusting how frequently the new products are ordered, and predicting how much inventory will...
Customers demand real-time updates such as the exact location and exact time of arrival (ETA) of an ordered item. Transparency in the supply chain is important to avoid negative feedback from disappointed customers. Businesses recognize the necessity to have visible information in real-time to track goods and products in transit. This makes real time supply...
Several tasks are involved in the shipment of goods. Some companies have their own in-house team to handle their shipping requirements but there are also those who rely on freight forwarding companies to get important tasks done while they focus on other core activities. Having an in-house team may seem a sound idea but this...
The global pandemic brought noticeable changes in the economic landscape and consumer buying behavior over recent years. The growth of eCommerce is a testament to how innovations can support the needs of people, especially during a crisis. Consumers have been presented with a better way to shop when physical interactions are limited. Through online shopping,...
The food & beverage industry is one of the biggest contributors to the Philippine economy. It makes up about half of the nation’s manufacturing sector and contributes an estimated 23-24% of the country’s GDP. In 2022, it generated a gross value of around 240 billion pesos. There is a continuous need for safe food and...
Warehousing and logistics are vital components of your business. Whether you are a small or medium-sized retailer, you need to optimize your distribution process. The larger it is, the more complex the requirements. Though it seems an added responsibility for business owners, there are advantages to warehousing logistics that benefit both the owner and the...
The past two years have posed serious challenges to logistics operations around the world. Cross-border transport of products has been limited and there are numerous delays that affected the delivery of products and cargo which resulted in congestion and problems with the quality of goods. Now that we have entered a new year, there are...
Logistics has been affected by changes in the economy, post-pandemic transitions, and other emerging issues. As the new year unfolds, further transformations are expected to happen. Along with that are new logistics trends that could shift things in businesses that involve logistics and supply chains in their operations. No one knows exactly what 2023 holds....