With shipping expenses growing at a rate of over 5% per year, this is clearly a substantial expense for any company; however, implementing a transportation management system can keep shipping costs to a minimal and bring a business significant transportation and freight savings.

Implementing a Transporation Management System

Dive Brief:

• The United Kingdom must advocate for "free and frictionless trade" with the European Union if it is to protect the nation's food supply chain, according to "The UK Food Supply Chain Manifesto" sent Tuesday to Prime Minister Theresa May.

In the real estate industry, success has a lot to do with location. The same holds true in the world of e-commerce – as more businesses leverage strategically-located warehouses to reduce their overall delivery costs.

There’s a lot of talk about artificial intelligence (AI) as the next best thing since sliced bread. But what does AI really mean for the food industry and what are the implications, asks Stephanie Duvault-Alexandre, a consultant at software provider FuturMaster?

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Industry 4.0 is quickly becoming a reality, transforming not just production processes but also the way logistics managers operate.

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A joint survey of supply chain executives from JDA Software, Inc. and KPMG LLP has shown that trying to keep up with customer expectations is driving retailer investment, while agility and innovation are driving manufacturers’ investment in their supply chains.

Dive Brief:

• Becoming a preferred supplier with top retailers is about to become a heated competition as supply chains accelerate and retailers increasingly focus on "speed and precision," a McKinsey&Company article reads.
• Some retailers like Kroger and Walmart are already fining late shipments from suppliers, plus delivering smaller shipments faster, as retailers seek more control over inventory.
• Suppliers that exceed retailers' expectations will "have the opportunity get ahead of their rivals by capturing market share in increasingly important online channels and securing preferred-supplier status with major customers," according to McKinsey.

Consumers hate to pay for product returns, so when mainstream media looks at retail returns, that tends to be their focus. 

A report by CNBC asks this question about retail return policies:

“How is it that, living in a world where marketers can track

 our moves online and off like never before, when they can build sophisticated models factoring in what we buy, what we read, what we like, how we sleep, and our favorite song, online retailers are still charging for return shipping when they could be making so much more if they didn't?”