An often overlooked aspect of international trade is warehousing. Along its journey from the point of origin (the seller) to the final destination (the buyer), goods usually need to be held or stored for a while before they enter the stream of commerce. Using a customs-bonded warehouse over a non-bonded warehouse can offer distinct financial and logistical advantages under the right circumstances. Keep reading to learn what these are and… Continue reading
Warehousing refers to the process of storing goods for safekeeping until they are ready for sale. The more rapidly a business scales, the more critical it is to have an effective warehousing system in place to meet storage and supply chain needs. Modern consumers expect to receive their orders at lightning speed, so it’s essential that any good warehousing strategy combine secure warehouse storage with fast shipping and reliable fulfillment.… Continue reading
The term “supply chain crisis” has become more common in the logistics world over the past few years. Many claims have been made that the ever-expanding geography of business, coupled with global resource and personnel challenges, have brought us to a state of congestion and panic. Challenges range from labor shortages and rising costs to the complexity of managing delivery systems and addressing disconnected customer expectations. While there certainly are… Continue reading
What Insurance is Required When You Operate Your Own Warehouse and When You Use a 3PL Warehouse? Operating a warehouse, whether your own or a third-party logistics (3PL) warehouse, comes with risks and liabilities. To mitigate these risks, various types of insurance coverage are required. These coverages can differ based on whether you're operating your warehouse or using a 3PL warehouse. Warehousing is a critical component of the supply chain.… Continue reading
In 2020, Amazon saw 200 thousand new Amazon sellers, an increase of 45%. With these new sellers, Amazon controls over 50% of the entire online eCommerce marketplace. The majority of that marketplace dominance comes from third-party sellers. Amazon is a necessary marketplace to utilize as an online seller because of the share of the overall online retail market that it comprises - and this makes for a great deal of… Continue reading
So you've decided you want a career in warehousing and logistics. But what does that mean exactly? A career in warehousing and logistics can take many forms, from working in a distribution center to becoming a transportation manager. And while the day-to-day duties of each role may vary, there are some common skills and qualities that all successful warehousing and logistics professionals share. If you envision a career in warehousing… Continue reading
Sales tax is an important revenue stream for the government. With how taxes are structured in America, individual taxes like sales tax make up the largest part of tax revenue for the country. So, governments want to ensure they receive the correct amount of taxes each year. It’s no longer the case that calculating and paying sales taxes for eCommerce businesses are an easy deal. In fact, with changes over… Continue reading
The warehousing and fulfillment market is a fast-growing industry that contains many moving parts. As current economic and social conditions change, adjustments in each aspect of the ecommerce fulfillment industry are difficult to keep up with. However, keeping an eye on predicted trends, average costs, and customer expectations allows your business to adapt to any new developments in the fulfillment and warehousing markets. To aid in this, we have compiled… Continue reading
Warehouses are an indispensable requirement for manufacturing, export, import and online businesses. These distribution centers are the caretakers of the goods of such firms until they are delivered safely. Preparing and maintaining inventory and ensuring smooth warehouse operations is no child’s play. A large chunk of the business's stake is involved in a warehouse. And all of this comes with a price tag. From dealing with optimized distribution to timely… Continue reading
3PLs Explained 3PLs are vitally important companies within the supply chain management function. They can make or break a distribution strategy, and are becoming more and more important to manufacturers and product-based businesses. But because of the complexity of their functionality, many struggle to understand the true 3PL definition or 3PL provider meaning. A third-party logistics company, or 3PL, provides supply chain logistics as an outsourced service for different types… Continue reading
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