Matching inventory to demand is always a challenge in retail. Too much, and you hemorrhage money in storage and handling costs. Too little, and you miss out on make-or-break opportunities. The trouble is, an optimal inventory level is always a moving target. As we write this, there seems to be some anxiety regarding retail inventory at the national level. The… Continue Reading
Distribution of food and beverage is facing many of the same challenges as the rest of the logistics industry. Proliferating SKUs, non-standard packaging, and a wide variety of order types are all adding up to inspire the industry to adapt or fall behind. However, one thing remains the same. The basic building blocks of the shipping unit remain similar. Distributors… Continue Reading
How effective is your existing workplace safety program? According to statistics from the Occupational Safety and Health Administration, U.S. businesses are headed in the right direction. The incidence rate of workplace injuries and illnesses was 10.9 per 100 in 1972; by 2017, it had plummeted to 2.8 per 100 workers. In 1970, 38 workers lost their lives to occupational hazards… Continue Reading
