More will most certainly join them as they realize the potential and demand for blockchain-enabled solutions to transform the supply chain and logistics industry. Since every transaction is recorded on a block and across multiple copies of the ledger that are distributed over many nodes (computers), it is highly transparent. It’s also highly secure since every block links to the one before it and after it. There is not one central authority over the blockchain, and it’s extremely efficient and scalable.

It may also entail the use of creative third-party freight forwarders who may act as supply chain cornerstones. With an all-in-one digital platform that handles shipping, fulfillment, inventory management, and more, global scaling is easier.

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Despite giving your best, certain issues are beyond your control when it comes to events. Read more about global logistics here. Although you may not always be able to prevent them, you can predict problems ahead of time and work to minimize their impact.

This policy further aggravated an already growing backlog in cargo that needs to be processed. The COVID-19 pandemic has put health and safety at the forefront of worker concerns. Surges in late 2021 and early 2022 have placed much of the personnel in quarantine.

What Are Four Common Logistics Problems And Solutions?

Logistics management involves identifying prospective distributors and suppliers and determining their effectiveness and accessibility. Connect with our sales team to learn more about our commitment to quality, service, and tech-forward fulfillment. If you can minimize the services where fuel surcharges are applied, you’ll be able to lower your shipping rates. What many ecommerce brands may not know is that these fuel charges are calculated differently at each carrier and applied to shipping services differently as well. Our customers have access to a broad network of industry partnerships, EDI connections, retailer relationships, ERP, and ecommerce integrations. Uncover a clearer, more accurate view of your inventory, and make informed decisions that help improve margins, increase service levels, and minimize unplanned downtime. Being at the heart of the Group’s interactions with its various stakeholders, the Supply Chain has an important role to play in our sustainable transformation and our commitments to people and nature.

Generally, 4PLs target the complete supply chain process, are often involved in each component, and can act as a single point of contact for all involved parties. Whether you’re sending orders straight to your customer’s doorsteps or enabling in-store pickup, you’ll need a synchronized way to route orders and track their statuses.

Because more resilient, and hence more costly, supply chains built on high levels of redundancies can have a short-term negative effect on the bottom line, corporate boards and shareholders have often resisted them. Though running an online business has its fair share of logistics challenges, modern technology, and an expanded network give you an edge in weathering sudden shifts in the supply chain industry. Faster delivery times, updated online stock, and reliability in multiple markets help deliver a superior shopping experience for your customers. 3PLs greatly reduce the need to invest in warehouse space, transportation, and hiring staff to manage your logistics. You can also enjoy reduced carrier rates as these logistics partners can negotiate preferred shipping fees on your behalf.