On July 6, 2018, tariffs against imported Chinese products took effect. The 25% duty that is assessed is based on country of origin not the country of export and apply only to Chinese products. The tariffs range across industries and include aerospace, technology, robotics and machinery. There were two lists published on June 15, 2018. […]
Rockfarm Customs Brokerage, Supply Chain
The United States is one the world’s largest importing countries. Although the European Union leads in global imports, the U.S. is ahead of all other nations, bringing in trillions of dollars worth of goods annually. For many states like Texas, Florida and Pennsylvania, fuel is the dominant import. Other states like California and New Jersey […]
Rockfarm Supply Chain, Transportation Management
Trucks get your product to market and help you transport your goods all over the country or even the continent. Yet, how much time do you spend thinking about truckload lead times? If you’re not considering this important factor, you could be losing out on chances to make your shipping more efficient. Why You Should […]
While businesses tend to speak about both logistics and supply chain management at the same time, there are crucial differences between the two that need to be appreciated in order to help make your business as efficient as possible. What Is Supply Chain Management? Supply chain refers to the processes that are involved in creating […]
Artificial intelligence (AI) technology is one of the most exciting innovations of the 20th century. AI refers to technology that allows machines and systems to use humanlike traits, such as decision-making, learning and even creativity, to make autonomous actions instead of relying on processes or simple programming. AI solutions are everywhere. If you use […]
LTL shipment rating is becoming more sophisticated with LTL carriers creating stronger customer and location profiles. Delivery profiling can include zip code mapping, formal reporting by drivers and even digital photo taking to document the delivery location, as well as its characteristics and the service level offered. This enhanced attention to customer profiles means businesses […]
Recently, freight markets have been undergoing rapid changes, and this has meant traditional methods of quantifying freight and transportation costs may not work as effectively. The market is no longer affected by predictable changes, such as the rising costs of fuel. Instead, the rate per pound and per mile may no longer work with the […]
Rockfarm Supply Chain, Transportation Management
Shipper enhancement for a new truckload market is more important than ever before, and every company needs a supply chain carrier sourcing strategy as the costs of freight continue to rise. Driver shortages, higher driver pay, higher demand on trucks and stiff competition from larger shippers all contribute to risings costs. With the electronic logging […]
Rockfarm Supply Chain, Supply Chain Coaching
According to the Pareto principle, 80 percent of overall value or profit stems from only 20 percent of total items, services or efforts. In other words, not all your inventory sells at the same rate and offers the same impact on your bottom line. If you are considering warehouse management services, supply chain coaching or […]
Key performance indicators are metrics used by businesses to understand the overall effectiveness and sustainability of their processes. These numbers are crucial for taking a data-driven approach to your business. Not only do they give you an immediate snapshot of how things are going, when tracked and monitored over time, but they also help you […]
