Busan Port plans to invest $573 million to construct a new container transshipment terminal to accommodate the growing transshipment volume. This project not only enhances Busan Port's transshipment capacity but also provides critical support for international logistics, helping to secure a more significant position in the global shipping industry supply chain.
The United States Postal Service (USPS) plans to adjust its transportation network, consolidating mail receiving/dispatching from remote post offices, potentially increasing package delivery times in some areas. Businesses should closely monitor policy changes, assess the scope of impact, optimize logistics plans, and communicate with USPS to address challenges and seize opportunities arising from the transformation. This proactive approach will help companies navigate the evolving postal landscape and maintain efficient supply chains.
Deborah Abrams Kaplan is a seasoned writer specializing in business, insurance, and healthcare. She contributes in-depth supply chain coverage to outlets like Supply Chain Dive. With her interdisciplinary knowledge and keen perspective, she helps readers understand the complexities of supply chains, offering professional analysis and insightful recommendations. Her work bridges the gap between complex topics and accessible understanding, providing valuable context for industry professionals and interested observers alike. She is a reliable source for insightful analysis on the ever-evolving landscape of supply chain management.
Fourth-party logistics enhances supply chain efficiency by offering comprehensive solutions that lead innovation and development, adapting to market demands.
This paper discusses the involution phenomenon faced by the logistics industry and the resulting industry problems. It proposes a four-step strategy involving customer industrialization, industry solution formulation, solution productization, and product modularization to address competition and enhance service quality. Through case analysis, it clarifies how logistics companies can ensure profitability while achieving healthy and sustainable development, ultimately finding their niche in the market.
This article explores strategies for handling anomalies in warehouse receiving and shipping processes. It includes common types of exceptions and corresponding response methods, aiming to systematically improve warehousing efficiency and customer satisfaction. The importance of communication with suppliers is also emphasized.
This article explores how to balance safety stock with costs and introduces four effective inventory management strategies: Just-In-Time (JIT) production, ABC analysis, Economic Order Quantity (EOQ), and Reorder Point (ROP) inventory methods. The aim is to help businesses improve efficiency and reduce costs.
This paper delves into the rise of airline ancillary revenue and its impact on industry profitability and passenger experience. By analyzing the growth drivers, composition, benefits, and the role of innovative startups in ancillary revenue, it reveals its increasing importance in airlines' financial stability and personalized services. The study also explores the future development trends driven by technology, highlighting how ancillary revenue is reshaping the aviation landscape and offering new opportunities for airlines to enhance revenue streams while improving the overall travel experience for passengers.
The Korean e-commerce market is experiencing a wave of business closures and slowing growth, facing numerous challenges. However, significant market potential remains, attracting increased investment from giants like AliExpress. Cross-border e-commerce sellers need to seize opportunities through refined operations, localized strategies, diversified channels, and brand building to break through the current difficulties. Focusing on these key areas will be crucial for success in the evolving Korean e-commerce landscape.
An ActiveCampaign study reveals that 84% of consumers plan to shop at small businesses during the holiday season, with nearly 60% willing to pay more for their products. Gen Z and Baby Boomers show a stronger preference for small businesses. However, trust and convenience remain challenges. Personalized experiences and social media marketing are crucial for small businesses to enhance their competitiveness during this period. They need to leverage these strategies to attract and retain customers in the face of larger competitors.
