Tim Kraft, assistant professor of operations and supply chain management, sees the recent shortage of wood shipping pallets as detrimental to the supply chain of other essential products spanning from electronics to food. “The pallet, surprisingly, is the secret lifeblood of logistics and distribution,” said Kraft. “Any industry that ships a product, a component, raw
In the world of logistics, getting ready for peak shipping season for air and ocean freight usually means researching, understanding and following historical demand patterns. But this year, uncertainty from COVID-19 is changing everything. As one would expect, air and ocean services must adjust to higher demand during the peak shipping season. However, many sectors
Analyst Insight: The shipping and handling of lithium batteries has become a highly challenging and regulated endeavor. Given the fire risk associated with this hazardous material, heavy restrictions on transport and storage, from commercial aircraft bans to state-of-charge rules, have been imposed. As a result, organizations often struggle to cope with the impact of these requirements
Manufacturers, retailers, and 3PLs today are under significant pressure to distribute high volumes of products across significant distances quickly, forcing them to gain deeper insights into their shipping processes. Source link