Being the owner of an airfreight forwarding logistics company, Freight Dynamics; we see which business industries seem to be "hit" less with the effects of a recession like the one we have been in since 2008. The Medical Industry seems to prosper as people still need medical care when they are sick, and during a recession a lot of people suffer financially as well as emotionally which keeps them coming to the doctor. The Food industry seems to do okay since everyone needs to eat, and food shelters are becoming more and more utilized.
Freight Dynamics has survived the recession by providing competitive pricing for all modes of transportation from Air Freight Worldwide, to Domestic Freight, National Packaging and Crating, and Fulfillment, Warehousing and Distribution Services. Outsourcing product fulfillment to a third party can be very cost effective and has many benefits most companies haven't considered. Reduced payroll saves on Unemployment State and Federal taxes, Paying for service when its needed and only when its needed is a fantastic way to survive during any economic situation. Health Insurance has become a major expense for most businesses, so having fewer staff makes this expense more affordable for key employees.
Contact Freight Dynamics today and get a free cost evaluation to see if outsourcing your product fulfillment, packaging and shipping makes sense financially.
Most industries have been impacted through one way or another. Please describe the industry you are in and how the recession has impacted(or not impacted) your industry:
I am in advertising and due to the recession our clients want to have more exposure out there. It not only benefits our industry at this time but hopefully it helps them too. I think that by listening to our customers needs and coming up with creative solutions that can help them in the long term, can positively impact us in a recession.
ReplyDeleteRecently I watched a show on the History Channel called Modern Marvels. It was fascinating to see how material handling has impacted the fulfillment process. Two examples were profiled: the Computer Rapair Facility at UPS, whereby computers are repaired and returned to customers within a couple days; and, the Netflix facility which handles millions of CDs per day with minimal human contact, reserved only for returns. This has impacted local sources and even Blockbuster.
ReplyDeleteTo be successful in the fulfillment and freight-forwarding business, suppliers must employ the most effective and efficient means to satisify customers...large and small.