As we barrel into the holiday season, have you considered the effect of the holidays upon your global supply chain? The truth is that every business depends on a supply chain in one way or another. Every business has the need for goods which frequently must come from across the country, or even the globe. R&S Logistics is well-versed and experienced in the modern challenges businesses face during the fall and winter holidays.
During the holidays virtually every industry sees an uptick in business and as demand grows, one of the most common complications is they experience backorders and inventory shortages. Last year, holiday retail sales during November and December increased 4 percent over 2015. It isn’t uncommon for a distribution center to handle five times its standard workload once the session gets into full swing. And this overwhelming surge in demand is the top cause for many of the supply chain mishaps that can lead to consumer dissatisfaction.
Regardless of industry, a business without access to the goods it needs will suffer. If you are an online retailer, you will find that many customers abandon an entire order if items they want are out of stock. They’re going to shop elsewhere. Even if you only experience shortages of business supplies during the holidays, it can greatly impair your ability to flourish.
Clearly, an inventory shortage will cause a business to lose sales and perform poorly, but it can also deeply affect your future business as well. When customers are forced to look elsewhere for their needs, you risk losing their loyalty to your business. Regardless of who it was that failed to deliver along your supply chain, a large chunk of customers will blame the retailer or business from which they are trying to obtain service.
Businesses that wish to succeed through the holiday season with minimal hiccups will need to have access to expert tools such as excellent forecasting accuracy, creative distribution strategies, and flexibility with carriers for last minute or unplanned orders. You need a team of experts who can handle that supply chain for you, so you can focus on every other aspect of your business.
It’s not too late to improve your holiday strategy. Visit our website to learn more about our third party logistics partnership services and contact us to get signed up today. We’ll give you the peace of mind you need for a truly profitable season.
Today’s customers are looking for businesses and services that are more “green” and sustainable. As a result, business owners must now learn how to attend to the triple bottom line. The triple bottom line refers to an accounting framework of three parts–social, environmental and financial. In other words, how will your business strategies benefit the people, the planet, and your profits? R&S Logistics specializes in questions like these, and we can help you develop effective strategies and a truly sustainable approach to your business.
Consider these tips as you develop more sustainable practices:
Two Kinds of Sustainability.
Sustainability today is on one hand all about going green, but on the other hand, it’s about creating happy customers. The two often go hand-in-hand these days as more customers are seeking customization and eco-friendly solutions. “Growing a sustainable business comes down to whether or not you can satisfy customers–even wow them–when they interact with you.”
Businesses today are making progressive goals for dramatic change. From transform their supply chain, reducing company emissions, and eliminate the waste your business makes. While it’s true that you may need to make small changes first, be sure to be bold in your high level goals.
Get Your Employees Engaged.
We don’t think any business can truly be successful in adopting better sustainability practices without effective employee engagement.Think about the ways you can get all employees involved when it comes to developing and implementing eco-friendly measures. Your employees need to feel connected to the company goals and also invested doing things with sustainability in mind. You might consider adding green development programs to your workplace culture.
Look at the Big Picture
The best green strategies are holistic in that they reach beyond your own business and also include your vendors, customers and any business partners. Keep in mind that they even extend beyond the US. You should also learn about the environmental standards of the organizations you work, to align goals wherever possible.
Looking for some specific ways to go green in the workplace? Read this.
Are you ready to take your business to the next level of sustainability? R&S Logistics is your local partner with the expertise you need to have on your side as you transition into a more eco friendly business. Visit our website to request your free quote and let us right for a solution for you!