A minimum order quantity (MOQ) is the minimum number of units a company will sell at one time. MOQ primarily refers to wholesale volumes and generally applies to wholesale companies
Wish you could gain insight into your business’ future? With supply chain forecasting, you can better predict upcoming demands and trends that might affect your company as well as its
As of present time, there is a significant trucker shortage that needs to be addressed in order for drivers to keep up with the demand while minimizing the impact of
What is a good turnover ratio? And what does it mean for your business? Essentially, an inventory turnover ratio is essentially a number that tells you how quickly you can
Logistics management is perhaps the most complicated aspect of the trucking industry. It requires monitoring systems for tracking, shipping and scheduling. Larger companies require a dedicated logistics team, which usually
While many experts hoped that 2022 would be the year of stabilization for the shipping industry, the supply chain is still being disrupted by dock delays, especially in terms of
Supply chain collaboration is the way of the future. The combination of the COVID-19 pandemic, the global supply chain, and all of the industry’s weaknesses has been a major focus
Network visibility helps ensure shippers and customers can view real-time data about where their goods are at any point. As the supply chain matures, 70% of customers expect to be
With the advancements of technology continuing to grow, learning how to leverage supply chain metrics and KPIs can drastically improve your business. These metrics can be crucial in analyzing where
