Over the past 30 years, the percentage of the U.S. GDP devoted to logistics costs has dropped from 17.9% in 1980 to 8.3% in 2011, which is a testament to how smart companies have gotten at reducing ...

Lean logistics is about flow and the elimination of waste. Waste can be defined as anything that does not add value to the product -- that is, anything that the customer would not be willing to pay ...

Logistics is often a candidate for outsourcing in a company as it may not be one of its “core competencies.” In many cases, a third party logistics provider or 3PL is used. As you may already know, a ...

36th Annual State of Logistics Report: Navigating uncertainty amid rising costs and global disruptions The 36th Annual State of Logistics (SoL) Report highlights a logistics market tested by economic ...

The Producer Price Index for Warehousing and Storage continued its multi-quarter upward trend, driven by fuel prices, labor costs, and insurance burdens. · GlobeNewswire Inc. “Q1 was a real-world test ...

The 37th State of Logistics report finds that continuous disruption—from shifting trade policies and geopolitical tensions to labor shortages and rising costs—has become a permanent feature of the ...

Many pundits and analysts blamed the current supply chain breakdown on the widespread use of lean and just-in-time manufacturing methodologies. Their claim is that they encourage manufacturers to keep ...