Over the last two years, peak season parcel volumes overwhelmed carrier capacity by several million packages per day, forcing carriers to increase staffing, throttle shipper parcel volumes, raise rates, and increase surcharges. However, this year it looks like capacity could outstrip demand (Reuters). During the pandemic, shippers faced the “Great Resignation” and ongoing labor shortages with historically low vacancy rates making warehouse expansion difficult and expensive. Now a softening economy has caused the first increase in vacancy rates in two years (WSJ). An uncertain and challenging time for warehousing and shippers.
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Global Supply Chain Council
Supply chain and network optimization is an old story made new again by the increased demands of smaller and more frequent deliveries, just-in-time supply chains, and omni-channel retailing. As customer service requirements become more complex in Asia, supply chain optimization becomes again the foundation to your logistics and fulfillment operations.
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What if you could orchestrate performance with a digital strategy for supply chain and procurement? In our increasingly interconnected world, supply chain planning and procurement operations professionals need to enhance collaboration with internal stakeholders, external suppliers, and factories to improve overall operations, including speed, quality, and forecasts.
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FreightWaves
In conjunction with FleetLocate, a product of Spireon, this webinar focused on the future of trailer fleet technology and what that can mean for your company’s finances.
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