For brick-and-mortar retailers and e-commerce companies, the game is on. With the holiday season shopping crunch just around the corner, most have launched their yearly preparations – and the pressure is looming to effectively implement plans in order to profit wisely. Logistics and shipping may not be top of mind when planning for the season but they should be.
One way for companies to uncover potential growth for their business is to tap into the power of big data. There is a lot of excitement around big data, but what exactly is it and what are its benefits?
For many, November heralds the end of the year, the close of a business cycle and when we suddenly realize how little time is left to wind down annual projects. However, established and would-be entrepreneurs should consider November as a time to explore the possibilities.
That’s because Global Entrepreneurship Week (GEW) brings thousands of specially-designed events and activities to communities around the world – connecting people with potential collaborators, mentors, and even investors.
Congratulations! You’ve just received your first international purchase order! Or maybe you can remember the excitement of your first sale overseas. The initial excitement quickly fades as you realize selling your product internationally raises a lot of questions. The most common question is, “How do I get my product to my customers?”
Exports from the United States are on the rise. According to the International Trade Administration and its National Export Initiative (NEI), between 2009 and 2013 the U.S. logged record-breaking export levels, reaching a high of $2.3 trillion last year, which was up $700 billion over the four-year span. In fact, most businesses are either exporting today or thinking about how they might go global tomorrow.
With so many new organizations entering the international trade arena, now is a good time to review the importance of compliance in the export equation. The diversity and evolving nature of trade laws and regulations domestically and around the globe means that, regardless of size, companies must prioritize the implementation of systems and procedures that ensure strict adherence.
After a long hot summer, it appears the U.S. economy is beginning to heat up – jobs are up, retail sales are up, housing starts are rebounding and even car sales are on the rise. With the economy picking up steam, now could be the perfect time to examine prospects for business growth. Since the logistics industry and the economy are intimately linked, I wanted to share three growth sectors to consider as areas of opportunity. Continue reading
Customer Service Week (CSW) occurs each October, and this year it takes place during the week of October 6-10. As always, CSW represents a banner opportunity for companies to rally their employees, engage customers and establish new approaches for setting the bar even higher in the year to come. But, it’s also a good time to evaluate exactly what “great customer service” means for your organization, and why it is so important to your customers.
Over the next five years, global e-commerce or “global distance selling” is expected to grow by more than 10 percent per year – a development that affects nearly every industry sector. With this in mind, DHL recently launched a survey to better understand consumer attitudes toward global distance selling – and the study shows significant differences between countries.
There’s no such thing as fashionably late in the multi-billion dollar fashion industry. With retailers clamoring to be stocked with the hottest items, the ability to move trend-setting designs from the studio to stores as quickly as possible and manage a finely tuned supply chain at the same time becomes a key enabler of success. As the official logistics partner of Mercedes-Benz Fashion Week, DHL is responsible for making sure that our global partners have everything they need to succeed in an industry that’s constantly on the move.