The world’s major ocean container lines can’t get enough of big new ships — never mind the threat of severe overcapacity and a resulting downward pressure on freight rates.
As businesses struggle to conform their supply chains to the ever-changing the needs of the market, they’re constantly reminded of one core truth: In the end, it’s all about the money.
The self-evident questions are: Can’t you consolidate packages going to the same street on the same day? Do you really need a giant van to deliver a small box?
Getting a thoroughly broad view of supply chain operations gives a supply chain professional a career boost because it makes him or her more useful to the company.
As the technology has advanced and become more available, 3D printing is expected to become an integral part of many industries’ operations and could ultimately help companies achieve sustainability goals.
Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year.
Will all of that money earmarked by the Biden Administration for U.S. port development actually materialize, and end up being used for its intended purpose?
One way consumers can help reduce returns (and growing landfills) is to shop more conscientiously by going into stores to test out products before making a repeat purchase online.