September 11, 2023By: Eric Zybura
Complex, interdependent processes. Tons of historical data. A constant drive to create efficiencies and reduce waste. These characteristics of the freight and logistics industry all set the stage for significant impact from artificial intelligence technology. As you might expect, AI technology is first and foremost assisting many freight and logistics companies with supply chain optimization. 15% improvement in logistics cost Data from management consulting firm McKinsey & Company revealed that companies using AI for supply chain management have improved their logistics costs by 15% and their service levels by 65% in comparison to peers who didn’t adopt these technologies. Beyond supply chain optimization, the...
Read MoreAugust 21, 2023By: Eric Zybura
Outbound logistics is the final piece of the puzzle for many companies—the processes that put products in the hands of their customers. Outbound logistics activities generate business-sustaining revenue. And, when done right, outbound logistics also generate loyal customers who buy from that same business again and again. In other words, when it comes to outbound logistics, there’s a lot at stake—and plenty of incentive to get it right. In this article, we’ll offer you a solid foundation in outbound logistics: what it means, what it involves, and how a company can benefit from optimizing these processes. You’ll finish with a complete understanding of...
Read MoreAugust 11, 2023By: Eric Zybura
Inbound logistics moves supplies, raw materials, and/or inventory to a business. In other words, inbound logistics provide an organization with the items it needs to sell products to its customers. Given this, it’s easy to see why inbound logistics are absolutely crucial to any business’s supply chain. In this article, we’ll take a deeper look inbound logistics. What, exactly, qualifies as inbound logistics? How, exactly, do inbound logistics work? (We’ll include examples!) And, maybe most importantly, what benefits and challenges does it present to an organization and its supply chain manager? With all the answers to these questions, you’ll get a solid foundation...
Read MoreAugust 7, 2023By: Eric Zybura
More than 1.1 million revenue tons of cargo moved through the Port of Guam during the 2022 fiscal year. If your shipment will join this year’s count—or it’s one of the ~20,000 yearly metric tons headed for A.B. Won Pat International Airport—you might find yourself wondering how long it will take your freight to arrive on Guam. Below, we’ll walk you through the air freight and ocean freight transit times from common Guam origin and destination points. These transit times will give you a solid idea for how long it will take your freight to arrive. We’ll also walk you through the answers...
Read MoreJuly 31, 2023By: Eric Zybura
Once a product reaches a customer’s hands, it would be easy to think that the supply chain has met its end. However, in some cases, there’s another link that returns the product to the seller or manufacturer. That’s where the concept of reverse logistics comes in. Return, refurbishing, remanufacturing, recycling, and disposal processes all fall under the umbrella of reverse logistics. Paying special attention to this link in the supply chain holds a number of benefits for companies, including higher levels of customer satisfaction and the possibility for recapturing value. Of course, reverse logistics isn’t without its challenges—or, as a supply chain manager...
Read MoreJuly 24, 2023By: Eric Zybura
More than 900,000 TEU pass through the Puerto Rico port system, making it one of the largest in the Caribbean by volume. Plus, when you add in its three airports—including the busiest cargo airport in the Caribbean—Puerto Rico has plenty of capacity for moving freight on and off the island. If you’re starting a new business in Puerto Rico, or you’re considering working with a new supplier, it’s important to know exactly how long it will take your freight to get to Puerto Rico. Below, we’ll offer a number of different scenarios to give you an idea of what to expect. At...
Read More