The best defense a logistics company can employ against cyber security threats is well-informed and well-trained employees. In fact, computers and technology can only be as good as the people who use them. Therefore, it is not enough to install firewalls and data encryption software.
Transportation infrastructure refers to the structures, foundations, and systems that allow for the transport of people and goods. It is a crucial part of providing transport services.
It plays a key role in the production of transport services which, in turn, allows the market exchange of final goods and inputs. In a broader sense, transport services provide welfare benefits (e.g., travel time savings). Given its central economic role, many people often refer to transport infrastructure as the backbone of a modern economy.
What is a supply chain bottleneck? Imagine it’s a normal day and you’re headed to the grocery store to stock up. All of a sudden, you can’t find that last item on your list. You walk around the store searching from top to bottom, and you swear you saw this product the last time you went shopping. After a while of fruitless searching, you end up asking the staff for help. With a few steps and turns, you find the product.
Suddenly, when checking out the cashier finds the card reader isn’t working and scrambles to find a manager to fix it. For a long time, you stand there with your groceries, waiting for the staff to fix the issue. Once resolved, they apologize for the long delay, and you’re on your way. However, when you leave the store, it starts to rain. You scramble to get to your car without getting too wet. Inside your vehicle, your hair is soaked but your groceries are okay.
Most practitioners in the trucking industry wish they could go back to 2018 when there were tremendous freight volumes and increased customer demand. In that year, the overall industry revenue was $96 billion, a figure that was unachievable in 2020 due to the Covid-19 pandemic. As a result, the industry suffered a large drop in freight rates that left many companies struggling to cover their operational costs and pay their employees. But there seems to be some hope for freight companies and truck drivers in 2021. Should they look forward to a trucking rebound this year? Stick around to find out.
The road maintenance workers that are tasked with taking care of our road in the winter are really heroes. They salt the roads and walkways and plow snow that we can all be safe. If you have a business or even if you live in a subdivision, they are the ones that keep you from being snowed in. With the holidays just around the corner, now is a great time to think about creative ways to give thanks to your road maintenance workers.
When it comes to retail, the landscape is ever-evolving. The entry of eCommerce has changed the way that people shop. However, even though online shopping is growing, people still like the customer experience that shopping in a brick and mortar store provides. As a business owner, balancing brick and mortar with e-commerce is more important than ever before. Offering both of these experiences to your consumer is the best way to stay in business for the long haul.