Benchmarking Success Blog
Logistics and Supply Chain news, articles, tips and insights
Avoid These 3 Common Mistakes in Warehouse Design
One of the prevalent mistake in warehouse design is failing to plan adequately for future growth. While companies might account for their current space requirements, they often overlook how changes in their product range, storage needs, or operational processes will impact the warehouse. For example, a business that plans to expand from ambient storage to include chilled or frozen items will need additional space…
Why Should You Review Your Distribution Network?
Is your distribution network still as efficient as it could be? If you haven’t reviewed it in over five years, it’s time for a change. The rise of omnichannel distribution and new service offers, like home deliveries, has transformed how companies operate their networks. Traditional distribution models may not be equipped to handle the demands of multiple channels, leading to inefficiencies…
Struggling with Logistics Challenges? A 3PL Might be Your Salvation
Effective supply chain management is often beset with challenges in today’s dynamic business landscape. As your enterprise grows or market…
Top 3 Things Organization Should Focus On
Having a focus is essential for an organization to avoid the negative consequences that can arise from a lack of it. What are the key areas you should focus on in your supply chain? First and foremost, conducting a cost to serve analysis is vital. This analysis helps identify and address profit and cash leaks within your supply chain…
3 Common Logistics Outsourcing Mistakes
One of the most common mistakes is not allowing enough time. Organizations often wait until contracts are close to expiring, leaving only a few months to find new providers. In the current market, many 3PL providers are incredibly busy, making it harder to find the right fit. Rushing the process can lead to poor choices and long-term issues…
5 Supply Chain Fixes for 2023
Warehouse demand has surged as companies struggle to handle larger inventories post-pandemic. Many are upgrading or expanding facilities to keep up with demand. This trend is visible globally, including in Australia and North America. Cost-to-serve analysis is increasingly common, helping companies spot areas of high supply chain costs. Unlike traditional reporting, this method reveals hidden expenses, making it easier to streamline operations…
How to Operate Your Distribution Truck Fleet at Less Cost
Trucks and vans are not cheap to run, so if you can save even a little on the cost of operating each vehicle in your fleet, those savings can mount up to a lot—and the more extensive…
Ocean Freight Future Trends with Trent Morris
Have you ever found yourself wondering what the future holds for the world of international logistics and ocean freight? A key challenge lies in port infrastructure, which hasn’t kept pace with shipping demands. Some ports are starting to use automated guided vehicles (AGVs) to move containers, but with massive 22,000 TEU vessels, balance is a concern, making full automation tough…
Ocean Freight 2023 Update with Trent Morris
The pandemic drastically disrupted the shipping industry, with skyrocketing demand, especially in e-commerce, driving ocean freight rates up by as much as 50% between 2020 and 2021. Service reliability also took a hit. However, we’re now seeing stabilization, with rates moving closer to pre-pandemic levels. Experts predict that rates will return to something similar to 2019, with minor fluctuations based on market conditions…