Today, we face the slow extinction of independent owner-operators. These self-reliant business owners are now dealing with a myriad of regulations that will soon make the owner-operator model impractical, and its survival improbable.
Business to consumer demand is set to outpace supply in the marketplace. Those who can solve that problem will be the big winners in the next phase of supply chain management.
Suppliers have to be lean, fast, and innovative to meet their clients’ needs. To ensure they’re capable of being exactly that, OEMs need to bring in expertise across the whole business to ensure they get a strategic supply chain partner.
An Industry 4.0-enabled supply chain will collect and analyze data across all machines, yielding faster processes that are more flexible and produce higher-quality goods at reduced costs.
To meet the changing needs of today’s manufacturers, third-party logistics (3PL) providers need to distinguish themselves through collaboration and technology investments.
Freight transportation is your biggest logistics expense, so it’s likely that you’re under constant pressure to drive down these costs. Use these tips to cut costs.
As Americans’ fondness for trucks and automobiles has grown, the specialized parts market represents the fastest growing subset of the automotive aftermarket. The emerging specialized parts sector of the automotive supply chain is vast and complex and requires skilled management.
As more companies replace legacy technology systems with more sophisticated platforms, the benefits of cloud-based collaboration will increase exponentially.
As product demand continues to rise, companies in all industries are partnering with third-party logistics (3PL) providers to ensure their products are delivered to customers on time and cost effectively.