Over the past 30 years, the percentage of the U.S. GDP devoted to logistics costs has dropped from 17.9% in 1980 to 8.3% in 2011, which is a testament to how smart companies have gotten at reducing ...
Lean logistics is about flow and the elimination of waste. Waste can be defined as anything that does not add value to the product -- that is, anything that the customer would not be willing to pay ...
Logistics is often a candidate for outsourcing in a company as it may not be one of its “core competencies.” In many cases, a third party logistics provider or 3PL is used. As you may already know, a ...
36th Annual State of Logistics Report: Navigating uncertainty amid rising costs and global disruptions The 36th Annual State of Logistics (SoL) Report highlights a logistics market tested by economic ...
The Producer Price Index for Warehousing and Storage continued its multi-quarter upward trend, driven by fuel prices, labor costs, and insurance burdens. · GlobeNewswire Inc. “Q1 was a real-world test ...
The supply chain industry is at a crossroads. Once upon a time, when most products and components were in abundance, a lean supply chain was a miracle of efficiency. Lean principles were used in every ...
Amazon Supply Chain Services launch signals major shift for freight transportation and logistics The recent announcement by Seattle-based global e-commerce giant Amazon regarding the official opening ...