Comparison of Distribution Strategies

Having the right distribution strategies in place can give you a great advantage over your competitors. You could have the best products in the world, but if you cannot get them to your customers in a timely and cost-effective manner, you’re wasting money on marketing and you’re losing opportunities for growth. When determining what distribution strategies best fit your company’s goals, you need to ask three key questions: How will you get your product from the manufacturer to your customers? How will you save time and control your costs with your implemented distribution strategy? Which distribution strategy will allow you to build a competitive advantage?

Read More »

Best Practices for Warehouses

No matter the industry or the product being sold, all companies can benefit from improved warehouse operations. This is an area of business where supply chain managers look to obtain maximum efficiency while keeping costs in check. A balance that streamlines the supply chain and the budget is achieved by implementing some of the best practices for warehouses. Advanced Notifications of Receiving and Shipment Dates A regular shipping and receiving schedule is not always efficient. Disruptions or delays could cause deviations from an expected schedule and impact warehouse operations. However, by utilizing electronic advanced shipping notifications, it’s easier to plan to have labor on hand

Read More »

Fulfillment for Crowdfunding Campaigns

Crowdfunding campaigns are great way to generate interest and capital for bringing a new product to the market. However, what many crowdfunding project owners tend to overlook is how they are going to get that new product, or rewards for contributing, to their backers. More importantly, they have neglected to include the costs for shipping and fulfillment. What Needs to Be Considered with Fulfillment Costs There are four general costs to consider when building fulfillment costs into your overall funding plan: The cost of getting the products. If you’re not producing the product by yourself, you’ll need to account for the cost of shipping it

Read More »

Supply Chain Strategy: Lowering Costs vs Increasing Sales

It’s no secret: improving supply chains will improve sales. This is something  executives have always known about. However, because it was difficult to evaluate the supply chain/increased sales correlation, most companies only approved supply chain investments based on expected cost reductions and their working capital. Today, with the digitalization of supply chains and the wealth of information available, improvements to supply chain strategies can be easily calculated. An Early Supply Chain Success One of the earliest winners with supply chain success was Dell Computers even as it was facing tough competition from other low-cost computer manufacturers. Dell cut out the middleman by selling its custom

Read More »

Introduction to Supply Chain Management

Supply chain management (SCM) is the management of supply chain activities with the intent to maximize value to customers while achieving a sustainable advantage over the competition. SCM comprises the efforts of companies and their supply chain partners to develop and run supply chains in the most effective and efficient way. SCM oversees each process involved from start to finish. It begins with the delivery of raw materials from the supplier to the manufacturer, and ends as the finished product or service is delivered to the end user. SCM is Based on Two Core Principles The cumulative effort of multiple organizations goes into almost every

Read More »

The Art of Moving Sculptures

An artist’s passion is to create art that speaks to and moves people. However, when it comes time to display that art to the world, that in itself another art form, especially when it comes to sculptures. Moving a sculpture installation from studio to gallery or another destination and displaying it as the artist intended can be challenging. Respect and Attention Your Art Deserves A lot of planning goes into the moving of a sculpture installation. One does not simply wrap a moving blanket around a sculpture and rent a truck. A work of art deserves to be treated with respect and to be protected

Read More »

Differences between Professional Installers and Movers

Interior installations and renovations give your home or office an elegant appeal, but they can be expensive. Doing the installation by yourself can cost you a substantial amount of money in the end. Taking shortcuts is like bandaging a possibly bigger problem. Interior installations demand accurate measurements and professional techniques to make sure the job is carried out correctly the first time. Read on to find out how qualified and experienced interior installation professionals can save you time and money. State-of-the-art equipment In order to set up large installations with accuracy, professionals use state-of-the-art tools and equipment. From large machinery that addresses mechanical challenges of

Read More »

Guide to 3PL for Small Business Owners

If you run an e-commerce business or any kind of business that requires you to ship out products, then you need to find a way to store and ship your inventory. One of the most effective ways to do this is by using 3PL (third-party logistics). The following are a few of the benefits that you will enjoy from using a 3PL company: Save time – Fulfilling orders takes time and organizational effort. As a SMB owner, you would likely prefer to focus on other aspects of your business to help it grow. Contracting with a 3PL service will free up time so you can focus on priorities

Read More »

Top Challenges for Logistics Providers 2017

The advent of the Internet of Things and smart technology has expanded the responsibilities of logistics providers. Here are the top challenges that the industry will face in 2017: 1. Rapidly Changing Delivery Orders More and more customers are demanding a greater window of time to change orders. With better transport facilities, companies are in a position to fulfill that demand. Now the question is, just how much time can reasonably be given to customers to change the details of their order without costing the company an arm and a leg? The window of time may shrink from 10 days to a day or less

Read More »

Common Furniture Installation Questions Finally Answered!

Once you have partnered with a professional installation company, you may have some questions about how the entire process works. After all, you have a lot riding on what happens next. With that in mind, read on for some answers to common furniture installation questions. Communication is Key You will want to be dealing with a single point of contact from start to finish, so you never have to feel as if you are explaining your situation anew every time you call. Your project is coordinated, and all installation dates, receiving and accounting are handled efficiently. You should feel confident at every step of the

Read More »