Intelligent Solutions
Supply chains have been disrupted by the Novel Corona Virus due to flaws in the design, lack of planning and inflexibility. This disruption could have been avoided or at least mitigated if supply chain managers were more proactive and had a vision of the future rather than focusing on the bottom line regardless of the…
Freight cost, sometimes, make up a large portion of the total cost of a product specially when it comes to low value and high weight products. For example, if you are importing ceramic tile, the freight cost alone could make up over 50% of the price of the product. How can you save on Freight…
Soon, drones will deliver some of your online purchases to your doorstep. The FAA has granted UPS permission to deliver medical supplies in a number of cities using drones. Amazon has been experimenting with Drone Deliveries. Drones can play a vital in order fulfillment however; it will be some time before these aerial vehicles can…
Logistics Impact on the economy has been so strong it ignited the economic growth and expansion from 2009- until now, which is the longest in history. Have you ever wondered we are expanding at a rate and why we are having such a run? Was it the Federal Reserve bank, The President’s economic policies, the…
Blockchain is a distributed ledger shared among many people in a network without an intermediary. The entries in the ledger cannot be modified. One Example of the use of such technology is crypto currency such as Bitcoin. When it comes to Supply Chain and logistics, Blockchains are becoming synonymous with transparency and visibility. The new…
The new trade wars and tariffs imposed by the US and China left many importers in the US looking for answers. Nobody wants to pay higher duties which translates into higher prices to the consumers. Which will result in consumers cutting down on their purchases. In general, blanket tariffs are counterproductive. Nobody benefits from such…
A historic trade pact has been reached between the European Union and Four South American Countries, Brazil, Argentina, Uruguay and Paraguay. The trade pact that was signed on Friday, June 28th, 2019 would create a trade block of 780 million people representing a quarter of the world’s economy. In the midst of international tensions, this…
Cryptocurrency is a digital currency built with cryptographic protocols that make transactions secure and difficult to fake. It is a peer to peer electronic cash system. Cryptocurrency is not a new concept, it has been around for around 10 years. Most people do not understand how it works and so far it has been used…
As more Doral Freight Forwarders come into the picture, so do many distributors who want to take advantage of the close proximity to Shipping companies in Doral Traditionally most of the freight forwarders were located close to the Miami port, but as the area has become congested, new freight forwarding companies set up shop in…
Procurement is the processing of acquiring new products or services. It is a fancy name for obtaining or getting. The phrase has been used mostly by the Military. It took a new meaning once it became part of the supply chain and logistics arena. Products could be procured or acquired locally or internationally. For a…
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