Fortune 500 Firms Turn to 3PL for Supply Chain Efficiency

Fortune 500 Firms Turn to 3PL for Supply Chain Efficiency

According to an Armstrong & Associates report, 90% of U.S. Fortune 500 companies rely on 3PL services. By outsourcing logistics and supply chain functions, businesses can focus on core competencies, optimize resource allocation, reduce costs, and enhance competitiveness. Selecting the right 3PL partner is crucial for companies seeking to upgrade their supply chain efficiency. This allows businesses to leverage external expertise and technology for improved performance and streamlined operations.

Asiapacific Customs Expands Team with New Experts

Asiapacific Customs Expands Team with New Experts

The World Customs Organization (WCO) Asia Pacific Regional Office for Capacity Building (ROCB A/P) welcomes new members from Korea and Hong Kong Customs, bolstering its regional cooperation capabilities. ROCB A/P is dedicated to enhancing the skills and capabilities of customs officials and organizations in the Asia Pacific region through capacity building activities, striving towards the vision of 'World-Class Customs'. Thai Customs provides significant support to the office.

PG Leverages AI in Supply Chain to Boost Profits

PG Leverages AI in Supply Chain to Boost Profits

P&G's Supply Chain 3.0 initiative leverages artificial intelligence in areas like data analysis, demand forecasting, logistics optimization, product innovation, and precision marketing, leading to significant efficiency gains and cost reductions. Companies should learn from P&G's experience and embrace intelligent transformation to enhance their supply chain competitiveness. By adopting AI-driven solutions, businesses can optimize operations, improve decision-making, and ultimately achieve a more resilient and responsive supply chain.