Minimizing Supply Chain Disruptions Requires Taking a Wider View of Technology

The headlines about supply chain disruptions only tell part of the story. For the last two years, the supply chain has remained in the news, with stories about port backups, factory closures, material shortages, and labor and driver shortages—pains largely spurred by the pandemic. These news stories overlook the sheer scope of the challenges facing…

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5 Advantages of Hiring a 3PL Provider for Outsourced Logistics

There is a multitude of benefits companies gain by outsourcing supply chain management and logistics to a value-added 3PL provider. Third party logistics offers an all-in-one solution for assembly, packaging, warehousing, and distribution. Utilizing a 3PL provides businesses with a reliable logistics advantage, and maximizes profitability through combined knowledge and resources. The following are 5 advantages to…

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6 Important Tips For Effective Logistics Management

Efficient management is the key to success, especially in supply chain management. There are various factors involved in effective logistics management — for example, automation and perfect coordination. But there is always a scope for improvising the logistics process. In times of growth, companies must find solutions to streamline logistics planning processes for improving output. GlobalTranz, a…

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74% of Supply Chain Leaders Expect Circular Economy to Increase Profits Through 2025

The majority of supply chain leaders, 74%, expect profits to increase between now and 2025 as a result of applying circular economy principles, according to a recent survey from Gartner. On average, supply chain organizations have been applying circular economy principles for three years to approximately 16% of their product portfolio. “There is still such a…

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