For those lucky enough to be able to work from home over the last few months, the next few may be more of the same for many. Even as the economy tries to re-open, several companies are considering keeping their remote employees at home for the long-term.
In a recent study from The Conference Board, 77 percent of HR executives said they expect that there will be growth in the number of employees working remotely at least three days per week, even after the COVID-19 crisis subsides. Part of the reason that companies are leaning in this direction could be that 37 percent of companies that had remote workers before COVID-19 said those workers have shown an increase in productivity during the pandemic.
As you’ve read here before, Transtream has helped shippers pack for profits with its cartonization artificial intelligence (AI) capabilities. Well, did you know that the same technology that determines how to pack the perfect carton can be used to create plans for loading containers? What? You didn’t?! Well, read on.
When it comes to eCommerce, return policies are increasingly important to online shoppers. In fact, according to Invesp, free returns ranked only behind free shipping in the buying decision and outranked sale pricing, loyalty rewards, and gifts.
That’s why as more shoppers head online during the COVID-19 crisis to shop for everything from food to furniture, the number of returns is expected to swell as well, making them even more challenging for eMerchants to manage.
COVID-19 has accelerated what was already a well-established trend: a shift from traditional brick-and-mortar retail to eCommerce fulfillment. All supply chain partners, including manufacturers, distributors, and retailers, have been served notice that direct-to-consumer (D2C) omnichannel fulfillment is the new normal that had better be embraced.
While some shoppers are more than willing to don a mask and head to the local shop or national store, a recent survey from SmarterHQ found that while nearly 37 percent of respondents said they would return to stores to shop for “non-essentials,” 26 percent would now prefer to buy primarily online. Apparently shoppers are growing used to the idea that they don’t actually need to squeeze the avocados.
We’ve all heard about the “new normal” businesses have been operating in this year. COVID-19 has changed the way people shop, accelerating the growth of direct-to-consumer (D2C) fulfillment and shipping for retailers, eCommerce marketplaces, and manufacturers, particularly consumer packaged goods (CPG) companies, following the lead of some snack food giants.
While many of these companies have dipped their toes into the D2C waters (and, of course, some brands have been built exclusively on this model), the current crisis has forced others to accelerate their plans to adopt a D2C model, causing a strain on resources.
International shippers are facing higher rates since the calendar flipped to July, as a September 2019 agreement among member countries of the 192-member Universal Postal Union (UPU) took effect, with the U.S.’s self-declared terminal dues rates going into effect for inbound letters and small parcels. Terminal dues are the fees that a national postal service is charged to have packages delivered in another country.
Managing cross-border shipping has many challenges. And controlling costs has always been top among them.
While the attention of the shipping and logistics industry — and the world as a whole — is focused on the impact of COVID-19, it is still essential to look both forward and backward to get a sense of the parcel shipping market.
Sure, it may not be back to “business as usual,” but it is still vital to track business and project for the future. That is why we were excited to see the detailed parcel shipping recap in this year’s “State of Logistics Report,” released by the Council of Supply Chain Management Professionals (CSCMP). Now in its 31st year, the report is researched and prepared by the consulting firm, Kearney, and sponsored by Penske Logistics.
As a loyal reader of Parcel Insights [you are a loyal reader, right?], you’ve read that Transtream’s cartonization capabilities can help reduce dimensional weight (DIM) fees in your packing costs as well as shipping waste. Perhaps, you’ve even watched one of our videos about cartonization. But as consumers increasingly associate sustainable packaging and packing with brand loyalty, it is more important than ever for businesses to consider how they present products and shipments in a way that meets their customers’ eco-friendly expectations.
Parcel Insights Digest: In this blog, Pierbridge takes an in-depth look at the ways shippers are saving money by using a multi-carrier shipping strategy, and how the right multi-carrier management solution can help them automate the process.
Almost all retailers felt the sting when the most significant eCommerce player began offering free, two-day shipping in 2005. Brick-and-mortar, as well as online retailers, have since then struggled to meet heightened customer delivery expectations while ensuring they don’t cut too far into their profit margins. Multi-carrier shipping solutions have allowed retailers to incorporate more delivery options into their online sales portal, leaving the choice of shipping cost and delivery speed up to customers. However, not all retailers offer this and find it hard to manage the cost of free shipping.
Recently, Inbound Logistics hosted a virtual Transportation Town Hall featuring leadership from several top technology companies, including Pierbridge, to discuss the impact of COVID-19 on the transportation industry.
Registrants received a survey before the Town Hall to not only guide the conversation, but to provide a more interactive and real-world view of what they are experiencing during this unprecedented time.