At the beginning of 2020, the industrial real estate market was looking great. Unemployment was low and the economy was strong, giving people confidence to be more assertive with their investments. Businesses were making longer term commitments and investing money to expand their operations. The coronavirus pandemic had a direct impact on distribution strategy, and […]
On July 1, 2020 the United States-Mexico-Canada Agreement (USMCA) will replace North American Free Trade Agreement (NAFTA). The new trade agreement updates policies to account for new technology and changes in the economy. The USMCA contains new laws related to intellectual property, e-commerce, and the internet which were not written into NAFTA. What does this […]
A value added manager can help a 3PL to standout from their competition with superior service. Value added services include final steps in completing a product which can include assembly, inspection, packaging, kitting, or any other special instructions for the final version of your product. It is the value added manager that brings all of […]
Post-COVID Supply Chain Trends These are unprecedented times. COVID-19 has created uncertainty, risk, and destabilization of the marketplace. However, there may be a silver lining to how the pandemic will affect change. Already we have experienced many workplace safety improvements and developed new processes and policies aimed at protecting employees. You may be surprised to […]
The novel coronavirus pandemic brought about a surge in ecommerce. Consumers, retailers, and distributors were pressed to adopt ecommerce due to stay-at-home orders, mandated store closures, and forced shutdowns. The concept of ecommerce is definitely not new, but for some businesses without an online presence, the practice can be overwhelming – especially when it must […]
Businesses across the country are making plans to reopen and looking for solutions to make up for the time lost due to COVID-19. With unemployment hitting a high of 30 million people, the economy will need time to stabilize back to where it was before the outbreak. While the country recovers, supply chain will have […]