Latest News and Updates From Argos Software

NextGen Technologies Expected to Dominate Supply Chain in Five Years

[fa icon="calendar'] 5/23/18 9:30 AM / by Argos Software posted in Argos Software, Logistics Software, Warehouse Software, WMS

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The supply chain industry is in the midst of a face-lift, as new modern technology is emerging and rapidly taking over.

 

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Drones in Agribusiness: Giving Farmers Real-time Data Whenever They Need It

[fa icon="calendar'] 5/9/18 4:24 PM / by Argos Software posted in Argos Software, Mobile Application, Growers Software, Agribusiness

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As drone technology becomes more prominent in the shipping and logistics space, it is also quickly gaining traction in the agribusiness industry.

 

In fact, when leading drone manufacturer DJI launched its first agriculture drone in 2016, the company forecast that the drone agriculture market is worth about $75 million. Research firm Global Market Insights says that by 2024, the market will be valued at $1 billion.

 

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Amazon’s Business Model is Setting a New Precedent for the Supply Chain

[fa icon="calendar'] 4/13/18 9:00 AM / by Argos Software posted in Argos Software, Logistics Software, WMS

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In recent years, Amazon has really stepped their game up with the way they’re challenging the logistics industry. The company is the fastest to reach $100 billion in sales revenue. Analysts say that by 2027 the company could reach yearly revenue of $1 trillion.

 

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The Forests and the Trees: IT Vendor Meeting at Weyerhaeuser

[fa icon="calendar'] 4/9/18 11:16 AM / by Argos Software posted in Argos Software, Logistics Software, Growers Software, Agribusiness

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A beautiful day and great views from the 8th floor terrace at the Weyerhaeuser HQ in Pioneer Square, Seattle, WA.

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Building a New Warehouse? Here’s How to Streamline it for the Future

[fa icon="calendar'] 2/9/18 11:11 AM / by Argos Software posted in Argos Software, Logistics Software, Warehouse Software, WMS

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From automation to drones, new technology is disrupting the warehouse and cold storage industry. The demand for same-day delivery, and other concerns related to ecommerce, is forcing warehouse operators to transform their distribution and delivery processes. As more operations become digitally outfitted with WMS and other necessary tools, how inventory is stored, tracked, picked, and delivered will change, which requires owners to make the necessary changes at their existing facilities.

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When to get that new WMS system? Only when you know you’re ready

[fa icon="calendar'] 1/26/18 11:43 AM / by Argos Software posted in Argos Software, Logistics Software, 3PL, Warehouse Software, WMS

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business man hand working on laptop computer with digital business strategy diagram on wooden desk as concept
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5 Trends That Will Affect the Future of Agribusiness

[fa icon="calendar'] 1/12/18 11:22 AM / by Argos Software posted in Argos Software, Growers Software, Agribusiness

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Banana fields on a beautiful day - rural scene concepts
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Argos Thanks You for Helping Us Help Others!

[fa icon="calendar'] 12/21/17 9:30 AM / by Argos Software posted in Argos Software, 3PL, Giving Season, Charity, Agribusiness

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Earlier this year, we sent an email to our customers asking them for feedback on all aspects of our products and the service we provide. Respondents were told that for every completed survey, we would make a donation to a worthy organization of their choice. Once the survey was completed, they were asked to pick one of several charities listed.

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Taking care of Business before Tax Season

[fa icon="calendar'] 12/14/17 9:50 AM / by Argos Software posted in Argos Software, Logistics Software, Growers Software, Tax Saving

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Five Ways to Reduce Risk in Your Global Supply Chain

[fa icon="calendar'] 12/8/17 10:25 AM / by Argos Software posted in Argos Software, 3PL, Supply Chain

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The global economy forces partnerships among companies throughout the world. While the obvious benefits of such far-flung agreements are reduced labor and manufacturing costs, as well as speed of delivery, there are potential risks. Breakdowns in the supply chain, however minor, are particularly threatening to the overall process because they can affect all parties, both upstream and downstream. And no one wants a slowdown.

With so much at risk, how can companies minimize or mitigate disruptions in their supply chain? What areas are worth looking at for risk management? What habits can a company adopt to prepare for legal disruptions that might be disastrous? Here are a few ways to start:

1. Get to know your supply chain neighbor. No matter where you are along the supply chain, do what you can to get a full assessment of the company you rely upon the most to get products moving. For example, manufacturers need to have comprehensive knowledge of their suppliers, distributors, and retailers while all three should get to know the manufacturer. This should involve establishing key contacts, creating protocol for notifying upstream and downstream partners of potential problems, and other due diligence efforts that will keep supply moving.

2. Make sure your contracts are comprehensive. The global nature of your partnerships can mean you are at the mercy of laws of other jurisdictions, which exposes you to a wide range of liability. Before you sign, make sure your contracts are comprehensive and protect you by giving you legal recourse against whichever responsible party in case of a supply chain disruption or product recall. Know your rights, but also know your obligations and the obligations of others so risk is shared.

3. Get insurance that is airtight. If you are involved in a liability claim or another kind of supply chain dispute you don’t want to be either uninsured or underinsured. You need to understand every kind of risk involved and have insurance that has you covered. For example, a class action lawsuit involving food product recalls can create liability exposure in the millions of dollars. You need to have insurance that forecasts scenarios like that to make sure you are protected.

4. Get the details right. Good record keeping may feel like a chore, but it will save you when disaster strikes. Besides making sure that all your contracts are executed correctly, make sure you properly archive paperwork related to every aspect of your business: contracts, insurance policies, and commercial documents related to equipment and facilities, etc. You don’t want to be stuck in the dark in case of a liability claim or an equipment breakdown.

5. Seek home court advantage. The challenges of foreign partnerships can include slow communication and the difficulty of obtaining access to information. But you may also be exposed to rules that may be outside the jurisdiction of the Canadian and U.S. court system. The way to reduce that risk is to secure home court advantage through arbitration clauses in your contracts or via your terms and conditions.

Want more tips? Check out this article in Inbound Logistics that gives you more ways to reduce risk when operating with global supply partners.

What do you do prepare for potential problems in your supply chain? Give us your tips in the comments below. Visit argosoftware.com or call us at (888) 253-5353 to set up a demo or learn more about our suite of products for Logistics Service Providers (3PLS and Transporters).

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