What are Kitting Services, and why are more and more freight forwarders and logistics companies advertising their custom kitting services? Kitting as it refers to as a warehouse service involves packaging similar or like items together in a kit, and sold as an individual new product, with its own SKU number. For example, a beauty company might put together an all-inclusive “traveler’s kit” of all … Read More
Over-ordering Leading to Excessive Warehouse Volumes
Demand is high in the Global Supply Chain market, and warehouses globally are feeling the same pressures. The market is seeing a lot of delays in ocean transportation, airfreight, and domestic trucking, and data is showing logistics and warehouse sectors are stocking up in an effort to meet the demands. According to the Logistics Mangers’ Index (LMI) an index that reads expansion and contraction within … Read More
Supply Chain Technology and How It’s Changing the Market
The Supply Chain Market is no doubt one of the most important businesses in the world, as international shipping accounts for the carriage of 90% of world trade. Naturally, to keep up with the growing demands, those responsible for keeping the cargo moving are investing in top-tier technology to gain a competitive advantage. What Kinds of Technology Are Being Utilized? One of the most important … Read More