Let’s break down the complexity of logistics costs. There are so many factors involved, from procurement and inbound shipping to warehousing, inventory management, outbound transport, and delivery. It can feel like you’re juggling too many things at once, making it difficult to know where to focus…
A strong emphasis was placed on fostering an environment of open communication. Encouraging team members to voice their perspectives enhances collaboration and empowers everyone to contribute their ideas. Sharing thoughts in an open forum helps to break down barriers and build trust within the team…
As demand increases, many businesses face the challenge of limited warehouse space. Rather than expanding or relocating, optimizing your existing facility might be a more practical solution. A useful guideline is to use around 85% of your warehouse’s total capacity. For example, if your warehouse…
Imposter syndrome has been a significant challenge throughout my career. Reflecting on my early days in Mexico, I didn’t have strong female…
Knowing your supply costs is essential, just like understanding your service costs. Knowing the expenses influence pricing and efficiency. It will help you make informed decisions that benefi…
Freight costs remain a significant concern for many businesses. Pressuring freight carriers to lower rates is a common tactic, but it often backfires due to the thin margins…