Rapidly evolving companies that are opening and closing multiple locations often struggle with an effective process to transfer utilities account ownership. When that happens, utilities get turned off and businesses lose money.
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A whopping 90% of Fortune 500 companies in the U.S. rely on at least one third-party logistics (3PL) provider to help with their logistics needs. This statistic, from an Amstrong & Associates Inc. report shared in Supply Chain Dive, reinforces the value that 3PLs play in all business sectors.
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2023 will be the fourth peak season since Covid temporarily forced volume surges on the package carriers, and the carriers forced “peak” surcharges on the shipping public. This year, however, the USPS is making a big, albeit late, play by not following FedEx, UPS, OnTrac and other carriers in instituting peak surcharges.
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Ecommerce and most business-to-business (B2B) companies don’t exist to ship products. That may be an important role in what they do, but it’s not the purpose. They want to get their products to customers who can use them. The supply chain is how this happens, and many businesses find that outsourcing some or all of this role can improve their growth, customer service, and the bottom line.
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Zero Knowledge Proofs (ZKPs) will move the industry toward the fully digital NaaS ecosystem that represents the future of telecom. ZKPs help eliminate billing errors, validate that all orders are optimized, and generate significant operational efficiencies and savings for all parties.
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