Holiday retail sales crossed the $1 trillion mark for the very first time in 2018, setting a new holiday shopping record. Holiday sales surpassed expectations at a 16.5% year-over-year increase and significantly surpassed the forecast for 4.3-4.8% overall holiday retail growth. This year, 2019, another increase is expected; the size of the increase will have a ripple effect across supply chains. Here are 7 things to look out for concerning shipping during the holiday season.
Choosing the right mode of freight can save money, save time, decrease damages, reduce errors, and increase efficiency. Additionally, specificity is important and understanding different modes of shipping as well as adopting the appropriate terminology can help clear up any ambiguity from referring to everything as simply, “freight.” This article will define the most common shipping modes and examples of when each is applicable or your best choice.
How do you know if your department or organization is on the right track? How can you identify problems that might be holding you back from achieving your goals? The answer is as easy as K-P-I.