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....
Retail logistics involves businesses that ship their products to stores or customers and usually include transit and storage, inventory management, and customer communication. Furniture delivery, online clothes shopping, and curbside pickup are some of the forms of retail logistics. According to studies, global eCommerce sales are expected to reach $6 trillion by 2024. In the...
Is your business ready for the new year? You’ll need a strong foundation when it comes to logistics. To ensure that your operations go well, logistics planning is crucial. It is one way to see to it that the right items will be at their designated locations at the right time. Logistics planning can help...
Businesses commonly anticipate the peak season because of the potential to maximize their sales due to the increase in consumer demand. While many businesses focus on Christmas and New Year, it is important to be aware that there are different peak periods that occur every year. If you’re new in the business, it pays to...
The peak season is a much-awaited time for businesses because of the increase in sales that it promises. However, due to the influx of shoppers and high demand for goods, challenges may be encountered particularly when it comes to the management of peak season logistics. While logistics problems are common during peak season, you can...
The fourth quarter of the year is a season for celebration. It is also a time when most people have money to spend on shopping. Indeed, it is a much-awaited season for retailers. Peak season serves as the opportunity for them to sell more. However, problems such as unsuccessful order fulfillment, lack of product stocks,...