Rising inflation and supply chain issues continue to throw a curveball at businesses and consumers alike. With so much confusion and uncertainty about the future, it can be difficult to plan ahead and keep business running smoothly. Amongst this confusion hits one of the most vulnerable areas for wholesalers: fuel forecasting. Some of the world’s […]
Ecommerce is critical for any business in order to grow, but in order to continue to expand, you need more than just the basics. In a quest to get a shiny, new ecommerce solution, business leaders often forget to take into account the IT basics. Does the solution align with your tech stack? How much […]
While cyber breaches in the retail industry tend to grab headlines, the wholesale industry is not immune to the threat. In fact, according to the 2022 Travelers Risk Index, almost one-in-four (24%) wholesale companies have been victims of a data breach or cyber event. However, with business challenges like supply chain disruptions and energy costs […]
Consolidated shipping is a method of shipping where a consolidator combines individual less than container load (LCL) shipments from various shippers into one full container shipment. More businesses are utilizing consolidated shipping, especially with the continued rise of shipping costs, and this could be a growing trend well into the new year. Now two years […]
Since late August, Shenzhen has been on lockdown and just recently began to ease up on the mandatory orders. “Shenzhen is a major manufacturing and logistics hub, covering many different industries, and the parts they make are widely used around the world. Every country has factories that rely on parts coming out of Shenzhen.” While […]
“While customers bear the brunt of the diesel increases on new contracts, trucking companies are footing the bill for those which are already locked in. California just lost about 70,000 truck drivers because of a new petition known as the AB5. It affects independent contractors throughout California, radically changing 30 years of worker classification and […]
“Six months ago our businesses all thought this was transitory, now every business I know expects this to last in 2023 and 2024.” Being able to accurately predict demand for their products is the key to striking the delicate balance of avoiding stock-outs of the most profitable items and avoiding having warehouses packed with inventory […]
President’s Council on Jobs and Competitiveness looking to help smaller suppliers grow and thrive.