Effective cost-of-quality programs reduce costs and improve margins, providing an advantage in a tougher economic environment. Yet, fewer than 20 percent of business leaders say they do anything with the data these programs generate. This complimentary supply chain webinar looks at why business leaders are the key to a successful cost-of-quality program, and provides three actions supply chain leaders can take to secure the buy-in of their leadership.
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.
Scaling up a supply chain is a challenge that not many enterprises could master in their first attempt. Bigbasket, India's leading e-retailer scaled up their business from 1 to 10 mn+ customers in just under seven years. They expanded their presence to over 30 cities across India.Developing a supply chain is a challenge which is at the heart of any such expansion. Upsizing-procurement, maintenance and transportation in a short time frame require decision-making capabilities far more substantial than human know-how. Right from sourcing the best vegetable and ingredients to delivering it to the correct customer address on time, every day throws a new challenge.
This must-watch webinar brings together two industry experts who will take a look at the top three industry trends affecting trucking professionals and their thoughts on the outlook of the future of the trucking industry.