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Image via Flickr by Scientology Media Profit margins are shrinking, and companies are running out of ways to cut costs to make up the difference. There’s little to be done about the costs of raw materials and goods, and production costs have been slashed as much as possible through automation systems. Inventories can’t be cut…
Image via Flickr by epSos.de Many of the risks associated with operating a business are directly tied to the supply chain. Slowed deliveries due to a natural disaster may result in lost sales and missed opportunities. A communications provider outage could have the same results. These supply chain disruptions often result in huge losses. According…
Image via Flickr by Sergey Galyonkin What could a virtual reality device and a smartphone possibly have in common? A lot, actually – including assets. Two tech giants are teaming up and the result could actually change the way we perceive the world. Read on for the latest on why Samsung and Oculus VR are sharing…
Image via Flickr by Gwan Kho Motorola Solutions has released a new report entitled, “Warehousing 2018:Â From Cost Center to Growth Center” wherein they define and predict the changes expected in the industry. Among their predictions, distribution centers are expected to get bigger, while the use of cross docking and task interleaving is expected to be…
Image via Flickr by Jeepersmedia One reason why Wal-Mart has been able to expand so rapidly and beat out their competition is the fact that they control almost all of their own warehousing and shipping in house. Wal-Mart has several warehouses across the U.S. with their own fleet of trucks. However, that’s all about to…
Image via Flickr by Bitterjug Tech companies are vulnerable. They’re a part of an industry that’s already tasked with remaining competitive in an ever-changing market. Not only do they face the pressure to fulfil orders while ensuring supplier costs are low, they also experience external threats as well.Oops! You don’t have permission to view this…