Manifesting Happiness and Prosperity

Exhibiting Happiness and Prosperity

Sheena’s dinner party ended after her guests had asked her countless questions about the change in her beliefs about herself and about the business she had started. They all agreed to go home and watch the video presentation from the link she would email to them. Hugs were given all around and as Sheena closed the door behind her last guest she leaned against the door, let out a contented sigh and went in to her desk to make a list of all the things she wanted to get accomplished tomorrow.

When Sheena awoke the next morning she was ready to get started. She had already decided that she was going to do a blog series about overcoming fear and going after your dreams. For her going after her dream meant growing this business so that she could continue to work from home and help others achieve their dreams. She sat down and began writing her blog and it just flowed out of her like she had been writing all of her life, well in essence she had. Sheena had been keeping a journal since she was a young girl. Those journals had helped her survive as she was growing up, she had written about all the pain, despair and challenges that she had faced in her life, of course the pages of her journal were filled with wonderful moments from her life as well. After finishing her blog she decided to check her email and she couldn’t believe her eyes, several people had emailed her asking for more details of the business, she quickly sent off an email inviting them to call her. It was time to take a break.

While she was eating lunch her phone began to ring. By late afternoon she had talked with over a dozen people made up of family and friends, with three of them signing up to and others that wanted a day or two to think about it, Sheena knew that they were going to be watching for the next few day to see how things were working out for her. She sat back in her chair, smiled and knew the business was going to be successful.

Sheena decided it was time for a glass of wine and once she had that in hand, she went back to her desk and began writing out her goals, the steps she was going to take to achieve those goals and then a list of what she wanted to accomplish the following day.

As Sheena sat at her desk the following more she log onto her website for the business and went to her lead capture page and there before her very eyes was a list of emails from people she had never met that were interested in what this business had to offer. She quickly went to an account that she had set up where she could send out a broadcast email and sent a response. She then looked at the screen of her computer and ran through her mind how she wanted to start the day’s blog. Once the blog was completed, she checked her email and again there were responses and a couple of more people had signed up and she started adding up what her residual income would be after only a couple of days, this working from home blogging business was working, of course she wasn’t making enough residual income to quit her mortar and brick business, but she was headed in that direction.

Sheena decided to pull up her goals, read through them, print them off and hang them on her desk where she could read over them throughout the day. She wanted to stay focused and to take the steps that she had written down.

She began to read each and every goal out loud:

Goals Business

1. Become Financially Successful

2. Build Home Based Business through warm and cold leads-6 month goal is to be earning $5000 per month-1 year goal is to be earning $10,000.00 per month

3. Blog Daily

4. Buy Rental Houses

a. Complete 6 month goal from #3

5. Encourage others to reach for their passions through a business venue

6. Listen to a training message daily

Goals Personal

1. Support a Charity

2. Help Others: achieve goal #1 of business goals

3. Pay off vehicles and house

4. Travel at leisure: Complete goal #1 of business goals

5. Lose Weight and become healthy

a. Go to gym

b. Change eating habits

6. Read books and listen to teaching that will help me with my business goals

7. Reach “Think and Grow Rich”

8. Do the 8 Core Commitments connected with the work at home business

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Basic Travel Blog Advice

Whether you are considering starting a travel blog or have already started one, there are tips, tricks, and advice about travel blogging at any stage. Starting a travel blog can be both beneficial and rewarding in the long run. There are thousands of travel blogs on the internet, and none of them are exactly the same. With some travel blog guidance, you can learn how to start-up and maintain a unique travel website or blog.

If you are considering starting a travel blog, there are several great reasons to move forward with your idea. Not only can you document your own travels, but also with a travel site, you will be able to connect to other travelers worldwide. Keeping friends and family up-to-date with pictures and stories is easier with a blog, as long as you keep your blog current. This way, you can avoid mass e-mails and a crowded e-mail inbox.

The travel and blogging community is a welcoming one, and also a great resource for networking before, during, and after your travels. Planning your trips may also be easier and more organized because other travelers can provide input and advice on different locations.

One of the most compelling reasons people start a travel website or blog is for the the possible financial gain. There is useful travel blog advice that may allow you to make a bit of extra money while leisurely writing posts and posting photos of your travels. You probably won’t make a living off a single blog but might be able to save up some beer money or help finance part of your next trip.

Starting up your blog may seem like the hardest step in the process to having a successful travel website, but maintaining a travel blog is also an important part. By setting up a weekly posting schedule, you will ensure consistency. That way, your readers will keep coming back for more. Of course times may get busy, so it is OK to take a break once in a while. For example, if you post once a week for 6 weeks, you can take a one-week break. By organizing a schedule for yourself, you will save time, find a rhythm to posting, decrease your stress, increase your focus, and have fun all at the same time.

While maintaining your travel site, social networks can certainly be useful to expanding your readership as well. Establishing a consistent persona across all of the social networks you use and are a part of will help people relate to you on a more personal level, and this will compel them to follow your travel site or blog. As with your blogging, it is important to be consistent on social networking sites as well. Have a purpose, and be sure that your updates, tweets, and stumbles are all related to your travel blog in some capacity.

Following this travel web log advice is important to start and to maintain a successful and intriguing travel web log. In a time when there are numerous travel blogs on the internet, it is important to keep yours interesting and fresh. You can ensure a strong following by staying positive, staying consistent, and staying connected to your readers. Set aims for yourself and for your travel blog, and be sure that you are always working toward a higher goal and have a clear direction.

Anil Polat is an avid travel blogger and documents what he’s learned at Travel Blog Advice.

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Residual Income and How You Can Build It

Nowadays, it is easy to get trapped in the corporate world. We barely notice how getting a day job eats up most of our time only to be rewarded by so little income, or at least income that equates the amount of work that you do. What many of us do not understand is that there is a way for us to earn money in such a way that it will be the one that works for us, not the other way around. We can actually become our own bosses, and when we become such, we earn residual income.

What is residual income?

There are generally several types of income, first being the earned income. With earned income, the amount of work that you do equates to the amount of money that you earn-basically, it is a linear process. Then we have the portfolio income, where you sell an investment for a price higher than what you paid it for. Lastly, we have the residual or the passive income, where your assets earn the income for you. For example, buying a property and renting it out to tenants. Residual income is not just limited to physical properties. This could also be applied in intellectual property. Getting paid for the photos that you posted on the internet so that a commercial brand can use it is another example of a residual income.

What are ways on how you can earn residual income?

Needless to say, the best type of income is the residual income because it is basically letting the money roll in while you sit back and rest. In essence, it is like you are investing in something that people are willing to pay for over and over again. Can you think of investments that can do that for you? Investing in travel and leisure is the way that is closest to us, but it is not limited to only that. There are numerous investments that you can have. Aside from investing in a travel property, you can also invest on a blog. When you are already reaching a decent number of readers, brands and businesses will actually pay you so you can promote them.

In a nutshell, the possibility of building residual is endless, and the more creative you are, the better. It can be about mixing and matching-investing in travel property AND writing a travel blog sounds like a dynamic duo. What matters the most is how willing you are to invest.

Finally, a business you can manage even at home where you can get real money and real results. Discover the breakthrough work from home opportunity that builds income without any special skills, knowledge, or know-how, whatsoever. Discover how a professor and chairman of the board of directors of USV-JSC made his way to online business success by watching the FREE VIDEO and download free report on HOW TO START YOUR OWN ONLINE BUSINESS TRAVEL to know more about this residual income.

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Helpful Tips For First Time Users of Motorhomes and Leisure Parks

If you are a first timer in using a motorhome to go on a holiday, here are a few tips that may be useful for you in this new road adventure:

o Find out more information on how to optimize your motorhome. You can do this by searching online for websites and blogs about motorhomes. First hand information from those who have been doing this for a long time is so helpful. You can also ask help from the company you bought the vehicle.

o Familiarize yourself with the components of a motorhome. It is important that you are aware of the external fittings of it. Know where the waste lines and water lines are. Check to see if there are any leaks. Also, ask if the vendors can demonstrate on how to place such external hoses to its necessary fittings. Make sure the written material on how to operate such equipment is placed in a suitable area easy for you to hold and review.

o Plan your trip. You can do this by finding suitable places to visit. Some countries in Europe may have narrow roads and it may be tight for someone driving. There are also nice places to visit that have suitable motorhome parks. Look for popular place for motorhome enthusiasts.

o Make sure that the park has acceptable amenities for you. Going back to the same area isn’t adventursome, but you know which parks have what you need. You can easily call beforehand to see if the park has electricity or other amenities that you want. Why stay somewhere that doesn’t?

o Drive carefully. The motorhome is more of a bus than a car. In fact it’s a bus that carries a home. Driving safely insures that this home is well kept and maintained.

o Don’t be afraid to ask people for help. One of the main attractions of motorhome parks is their customer service. Run like a family business, these companies take a long term stance on providing service beyond expectation. It is this dedication to service that increases the intrinsic value of the place. Good motor home parks have this steady and loyal clientele.

Driving a motor home on holiday is an experience everyone should try. Driving at a leisurely place, one can get to truly appreciate instances while traveling. The journey of this type of travel is the interesting bit of experience one must go through in life.

There is not doubt to the practicality of having Bridgend motorhomes around especially when it comes to weekend trips and getaways. If you happen to be around Bridgend area, there are a lot of Bridgend motorhomes and leisure parks that can provide you with temporary shelter at an affordable rate.

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The Unintended Consequences of Globalism

Globalism might be good for the world economy as a whole, but does not necessarily mean it has been good for the American worker. Whether intentional or unintended, the American worker has suffered through the philosophy of free trade. Do not miss quote me, Globalism has a lot of positives. Now more than ever the people of earth are connected through the internet and can communicate information faster than any other time in history. People are exposed to different cultures and ideas, and the free flow of information is exponentially evolving our society. “Free trade” plays a big part in globalism, which is why there has been a “backlash” from non-college educated workers in wealthy countries in direct response to the effects of free trade policies. When wealthy counties openly trade with developing countries it can overvalue the wealthy countries currency, which in turn makes imports cheaper while exports become more expensive. However, according to the Economic Policy Institute, the real culprit is not the valuation of the dollar and the increasing trade deficit. (Bivens, Economic Policy Institute)

The USA has increasingly shifted its economy from manufacturing to services like banking and investing. It is cheaper to import products of manufacturing from a country that has extremely cheap labor than it is to employ American workers in the United States. This in turn means there now is a premium on college educated Americans who are filling job openings within the service industry. On the other side of the coin, manufacturing jobs are leaving the country and lowering wages of workers without a college degree. This fact coupled with increasing technology that replaces workers and a trade policy that out prices “expensive” American workers is leading to decreased wages. As the US trades more with developing countries as a percentage of GDP, the wages of unskilled workers continue to decrease. (Slaughter and Swagle, International Monetary Fund)

Though Globalism has a net increase in GDP and employment for countries involved, most of the gains from free trade is disproportionately received by the top 1% of Americans. Policies that protect corporations and their interest at the expense of the American worker exacerbate the problem. Trade policies like NAFTA and others have little protections for workers and heavily favor the multinational corporations that seek to benefit from free trade. This only adds fuel to income inequality, which for poor countries can increase economic growth while having a negative effect on rich countries. Rich countries are also at higher risk of financial crisis when they have high levels of income inequality. (Malinen, Huffington Post)

Globalism and free trade are linked very close together, which is why there is a stigma attributed to the word. There has been growing resentment within the US and other wealthy nations of globalism as a whole. They do not just condemn free trade, but openly blame minorities and marginalized groups for their decrease in wages and “eroding” their cultural dominance that they claim dominion over. This is a deadly cycle, as income inequality only feeds this type of behavior. In a country that is not adequately educating its people, more of the workers within its country will become more ignorant. With free trade putting a premium on college educated workers and decreasing wages of unskilled labor, we are now almost at a tipping point, socially and economically.

Globalism has many unintended consequences that inadvertently caused huge social and economic problems within the US. The problems that globalism is causing is not a hard fix. Reducing the income inequality will eradicate more of the negative effects of globalism. Universal Education, Universal healthcare, and a rewrite of our tax code are just a few ways to reduce income inequality. All of these possibilities are well within our means. We have to take care of these problems swiftly, before globalism becomes an integral part of our own decline. (Mason, Post-Gazette)

Bivens, Josh. “Using Standard Models to Benchmark the Costs of Globalization for American Workers without a College Degree.” Economic Policy Institute. N.p., 22 Mar. 2016. Web. 25 Apr. 2017.

Malinen, Tuomas. “The Economic Consequences of Income Inequality.” The Huffington Post. TheHuffingtonPost.com, 17 Dec. 2015. Web. 25 Apr. 2017.

Mason, Bob. “Single-payer Health Care Would Help to Treat Three Separate Threats.” Pittsburgh Post-Gazette. N.p., 26 Oct. 2014. Web. 25 Apr. 2017.

Slaughter, Matthew, and Phillip Swagel. “Economic Issues 11–Does Globalization Lower Wages and Export Jobs?” International Monetary Fund. Imf.org, Sept. 1997. Web. 25 Apr. 2017.

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Global Trends in the Cosmetic Industry

Cosmetic dyes and colours: Explained

Cosmetic colours are also known as cosmetic lakes. These colours are produced by taking the help of absorption of dyes that are water-soluble onto a substrate. It makes the colour insoluble in water. Cosmetic lake colours are made by making use of unique technology. The technology helps in attaining extremely fine particles. These particles help in achieving shade consistency. In comparison water soluble colours, cosmetic lakes are much more stable & safe. They also generate vivacious and brighter colours. It has been seen that cosmetic pigments and lakes are more suitable for food products that contain fats and oils. They are also suitable for those products that do not contain enough moisture for dissolving colours.

Cosmetic dyes, on the other hand are used for making cosmetic colours & products. These dyes are widely used by the cosmetic manufacturing industries and businesses all over the world. They are primarily used for manufacturing hair dyes, lipsticks, nail polishes, shampoo as well as other personal care products. It has been seen that generally water soluble & food dyes are very easy and safe to use. These dyes are mostly used for a wide variety of applications. They include cleaning chemicals, soaps, medicine, cosmetic products etc.

Know which ones are safe for use

Be it the use of any type of cosmetic dyes or cosmetic colorants safety of use is a primary consideration. Cosmetic colours and cosmetic dyes often make use of a wide range of synthetic colours. These are often referred to as FD&C colours. They are mainly extracted through coal tar and are basically a by-product of petroleum. Research shows that some particular coal tar based dyes lead to different types of cancer. This is why the FDA regulates them. They also determine the arsenic or lead amount they contain. Thus there are many restrictions in the use of such colours.

Some global trends in Cosmetic dyes and cosmetic colours

Worldwide it is seen that North America, followed by Europe, has the largest market for colour cosmetics. This is due to innovations in colour cosmetics. Other factors also include high consumer disposable income and frequent new product launches in colour cosmetic market in the region. However Asia too is expected to show high growth rate in the colour cosmetics market in next few years. This is on account of the increasing consumer incomes and rising in awareness about personal care products in the region.

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Economic Turmoil and the Future of Brazil

For many years, Brazil has been an emerging economic hub, attracting investors from all over the world. The Brazilian economy saw an 368% increase in Gross Domestic Product growth from 2003 to 2011. In addition, Brazil took in almost half of Foreign Direct Investment flowing into South America during 2015. This doesn’t come as a surprise since it reigns as one of the major emerging national economies. However, Brazil has seen a recent economic downturn with increasing unemployment and a contracting GDP. In fact, the Brazilian government cut 2017 GDP expectations from 1.6% to 1% growth. Having been one the most lucrative foreign investments for governments to individual investors, what happened to the so-called “Country of the Future” and can Brazil regain its momentum?

Back in 2015, recession hit Brazil hard and the country is still struggling to get back on track. According to the CIA World Factbook, the economy contracted 32% from its peak in 2011 and unemployment reached a new high at 12.6% in 2016. Being based mostly on services, agriculture and oil, Brazil’s economy has a direct correlation with global demand. With global recession looming, Brazil is feeling the effects of a slow world economy.

Brazil is a top tourist destination offering beautiful beaches, a diverse culture and exciting festivals. However, with the world economy slowing down, people are less likely to travel abroad. Since the majority of the country’s GDP derives from the service industry, Brazil will not be able to rebound any time soon unless there is a major boost in consumer confidence.

The demand for Brazilian exports was slashed when its largest trading partner, China, entered into an economic slowdown of their own. The decrease in exports caused massive layoffs throughout the nation. The notorious economic downward spiral began by wary consumer spending as unemployment rose. Companies that tried to gain capital by borrowing in U.S. dollars found it difficult to pay back those loans as the Brazilian Real crashed 25% in the span of a year in 2015.

One of the major hits came from low oil prices and the corruption of Petrobras, a large oil company and Brazil’s largest source of investment. Brazil is major producer of oil, exporting $11.8 billion worth in 2015, according to the Observatory for Economic Complexity. OPEC delivered a major blow when the cartel decided not to cut oil production, causing oil futures prices to plunge. In order to cope with heavy losses, Petrobras was forced to sell off assets and halt future research and expansion plans.

As if things weren’t going poorly, Petrobras was also caught in a scandal with former Brazilian president Dilma Rousseff and other high office executives. From 2004 to 2012, the company had spent over $2 billion on bribes to politicians whom would allow the company to charge inflated prices for construction contracts. Now that the scandal has unfolded, Petrobras executives face jail time and the company as a whole is forced to pay billions in fines.

So what does the future hold for Brazil?

Although at the moment the future looks dim, there are still signs of hope Brazil can turn itself around. The Real has seemed to stabilize in 2016 and heads into 2017 with an upward trend. Moreover, experts’ GDP projections for 2018 through 2020 show promising figures that Brazil can restore pre-recession level growth.

Even more promising, U.S. companies are still showing faith in Brazil’s future. American Airlines plans to invest $100 million in an aircraft maintenance center in Sao Paulo. Brazilian Investment Partnership Minister Wellington Moreira Franco and many countries like the United States, United Kingdom, France and Japan agree there are still reasons to invest in Brazil. This should be seen as a sign of confidence that the Brazilian market will grow soundly with the support of both national and international investment.

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The Effects Of The Global Trade Agreement

We live in a world that is increasingly getting connected. In such a world, trade agreements are bound to expand internationally, and to think and act otherwise would be downright stupid.

These global trade agreements, as such, are either bilateral or multilateral understanding between two or multiple countries and govern the trade policies between them. These agreements have a massive impact on worldwide trade and investments and are one of the major causes responsible for shaping business relationships across the globe. And while such agreements might not affect directly affect the place where you live or operate, being aware of the current trade agreements can definitely uncover numerous opportunities.

Forming up opinions is up to you; we do not intend to initiate an argument over how good or how bad these global trade agreements are. This article aims to get you familiarized with such agreements and tell if your supply chain could be affected or not.

While a few countries have settled upon free trade agreements and are in the process of widening them, a number of other nations have formed common markets and unions; this form of development can a have a thorough effect on small-scale businesses.

Two of the most common agreements are the Trans-Pacific Partnership (TPP) between Australia, New Zealand, Singapore, Canada, Brunei, Peru, Mexico, Chile, Malaysia and Japan, and the North American Free Trade Agreement (NAFTA) between Canada, United States and Mexico.

Now, how such agreements impact your local business’s supply chain depends on a simple fact; whether your business is an importer, exporter or neither.

Scenario 1: You neither import nor export

It’s fairly easy to decide whether you are an importer or not, right? I understand that you do not directly source products from a foreign supplier, and technically speaking, that doesn’t make you an importer. However, trade agreements can still impact you. Your suppliers are directly affected by such regulations, and this vulnerability can affect your supply chain.

Keep the distinction in mind.

Scenario 2: You identify yourself as an importer

Owing to the low cost manufacturing in some countries, many small scale suppliers are able to compete with global giants.

With a trade agreement between two countries, most of the times, the country with lower labour costs benefits when the trade tariffs are lowered or eliminated. With trade agreements, importers usually get to source low-cost goods and it allows for the unrestricted movement of such low-cost goods through higher cost partner nation.

In case, such an agreement is dissolved, an importer would inevitably face a higher cost of goods and thus look for cheaper sourcing options, decrease their operational costs, and ultimately increase the prices, which would be borne by the customers, of course.

Scenario 3: You are an exporter

This even counts if you sell products that another firm exports because at some point or other, taxes would be levied on your sold goods. So how does it affect you? Your customers end up paying higher amounts for your products.

With a trade agreement in place between the country where the product originates and the receiving country, the very same products would move through the receiving nation freely. In such cases, you’d definitely want to keep such an agreement intact and leverage this competitive advantage you have in this particular country bound by trade regulations.

As a small or a medium sized business, it is therefore important for you to identify where your business lies with respect to global trade agreements.

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The Paramounted Importance of Critical Analysis in International Trade Policies

International trade is largely based on the constant fluctuations in the world-wide economy, this resulting in constant changes with regards to tariffs, trade subsidies and unending amendments of regulations with regards to international trade. “Trade policy and economic Growth”, a paper by Keith Maskus, PhD, focuses on the relationship between trade policies and the growth of the economy or lack thereof, the main point of interest of the paper was to establish whether the variance of trade policies will affect the economic growth of any country. The conclusion reached was that open economies tend to grow faster than closed economies, ceteris paribus. therefore concluding that open competition is good in the sense that it improves resource distribution and the country gains in Investment and innovation.

An organisation that is involved in international trade has to pay special attention to such information. There might not be any countries with closed economies however there are countries that have low imports to the point that they are regarded as closed economies for instance Brazil. In 2011 Brazil recorded 13% as its import percentage which was quite low for a country of its stature. Is it not then imperative to constantly be up to date with changes in the trade policies of countries one is interested in pursuing trade relations with? since there is a proven positive relationship between the openness of an economy to competition (thus meaning the country is greatly involved in trade) and the growth of that country`s economy, this serves as an indication of how lucrative and profitable a business venture would be under such circumstances. The Critical analysis aspect then comes into play by determining how much gain or loss would result from substantial changes to the policies, which are measures and instruments that can influence export and imports, the objective being the policies influence the trade sector to the result of profit for the business venture. one might feel a degree in commercial management is then needed in order to fully understand all the kinks and edges of the international business, and they would be right, but the eventuality is that it will always boil down to intelligence and efficiency in the analysis of trends, calculation of potential profit/loss, predictions of future stability or fluctuations in the world economy prompting changes to prices in the trade sector.

There is one other important factor that can alter potential business plans, and that is the politics of the country in question, policies are easily influenced by the politics of the nation, and it is thus advisable that critical analysis be also engaged, this results in better understanding of the country and its stability thus reducing the chances of incurring a bad business eventuality. Nations are not governed by robots, unfortunately, but are governed by people with interests and human nature desires to differ from individual to individual making it difficult to maintain a constant effective system. if politicians are elected they tend to focus on altering policies for their own benefit, and the benefit of those they promised (if there are still honest politician available) from that point it is important that international business consider such factors before pursuing business. Prime examples being, whenever there are strikes in South Africa investors tend to shy away, and most of the strikes are birthed from political influence, thus deeming South Africa an Unstable nation to invest in, or Zimbabwe a nation sanctioned, due to political infringements, making the country undesirable for investment irregardless of the profitability of the business idea. It is thus an excellent idea to firstly research in-depth to the politics of the country before hand and invest with,much-needed information, guiding the innovative decision made.

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The Truth About Shipping Technology and Supply Chain Visibility

In the shipping business, it was once an extra to have shipping technology which supplied supply chain visibility, but it’s become a must in a now competitive and shipping software run industry. Not everyone knows exactly what it means to have complete supply chain visibility, however, so what is supply chain visibility and just how does shipping software help it? You may have learned this stuff about supply chain visibility, so let’s figure out the truth:

Supply chain visibility in a glance

It’s pretty much exactly what it looks like. Utilizing quality shipping software or auditing systems, you’re given awareness over all your shipments through openness of shipping data, organizing, and auditing, and all involved parties gain access to this information: you can plainly view the entirety of your shipments from end to end.

For comprehensive visibility you have to be in a position to trade data around different systems, like shipping data and freight deals to implement the best logistics management strategies you can. How your business and systems connect to your shipping partners along with their system is the number one factor in achieving real visibility so that you can discover how you can save money shipping.

Can a business continue to be competitive without having supply chain visibility?

The quick and candid response would be no. Well, it isn’t really impossible for a shipping business to function without supply chain visibility, but they are more prone to be eliminated or surpassed in the freight or parcel shipping industry by more efficient companies. Merely staying in business differs from being competitive, and supply chain visibility is essential as of late to be able to keep a competitive edge.

Shouldn’t shipping software and visibility be a much more popular strategy?

Unfortunately, a lot of companies aren’t loaded with the proper shipping software and auditing services. Though proper supply chain management and supply chain visibility has been an acknowledged issue for decades, EDIs, manual spreadsheets, etc. aren’t good enough for visibility reliable enough to continue to be competitive. The best supply chain management and visibility option is to use a transportation management system (TMS) and auditing solution.

What does not having visibility mean for a business?

One of the things that can take place is serious damage to a company’s name. About 33% of consumers in the United States put the blame for stock-outs on the store. This gives an adverse influence on long-term consumer retention and brand loyalty. In addition, it will directly injure a company’s bottom line, creating both urgent and extended issues which are hard to remedy.

Where does responsibility for those effects fall?

The real issue ought to be about solving the problem by updating your shipping technology and auditing methods, not setting blame. You can’t position the blame on retailers when 75% of shippers report that their visibility tool doesn’t integrate with their shipping technology, and only 39% of shippers gather data with visibility systems in the first place. There’s just no way to prevent stock-outs without the ability to make radical decisions according to real-time data exchanges.

Approaches to fix the problem

Businesses must find solutions that would provide them with end-to-end supply chain visibility. While legacy systems remain, businesses must invest into transportation management systems and auditing solutions that can operate on both old tech like EDI, and newer technology like API.

API is a wonderful technology for shipping software as a way to join suppliers, shippers, carriers, etc. with real-time transportation data so that they can make better decisions for their logistics management.

You can save money shipping with thorough visibility and improved logistics management, just by embracing more progressive shipping software like a TMS capable of working with both EDI and API.

Shipping TMS delivers transportation software and logistics management services. Transportation industry leading parcel and freight shipping management software helps save money shipping and get cheap shipping rates to improve supply chains.

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