Streamlining Inventory Management for Cost Efficiency Effective inventory management is very key to cost efficiency for small businesses. One innovative approach might be to integrate the company’s enterprise with a JIT inventory system that can lessen warehouse costs by coordinating orders around the production schedule. In fact, one study cited in the Harvard Business Review…
Category: Logistics
Introduction to Truck Driver Retention Challenges So, like, the trucking industry in New York is, you know, really wrestling with a huge issue right now: keeping drivers on board. Turnover rates are, like, going through the roof, and the fierce competition for jobs just makes everything more urgent. You know, those long hours and being…
Global trade policies have huge impacts on logistics, shaping how goods move across borders to consumers around the world. Being basically the backbone of international trade, logistics is hugely driven by these policies that set everything from tariffs to environmental regulations. For a business trying to find its way across the global market, knowing the…