A financial storm is brewing, this year over 800 retailers are projected to go out of business. Retail stock prices are collapsing and taking good credit ratings with them. The survivors will need to revamp their plans for inventory strategies, store locations and new logistics solutions to compete. Large e-commerce competitors and rising customer expectations are forcing brick and mortar retailers and their 3PL providers to redesign their market strategy. New supply chain pl
I know what you think and I know the reasons you don’t try to finance large automation projects. You don’t want to use your existing lines of credit, your bank will not lend for this type of project because it’s too soft cost heavy, or you think you have to go to a hard money lender and pay an extremely high interest rate. This is exactly the reason we started Logistics Capital Resources. As logistics supply chain professionals we were always faced with the same situation.
Dallas, Texas. LOGISTICS CAPITAL RESOURCES, Inc. is pleased to announce that Mark Riedel has joined LCR as Vice President Sales. Mark comes to LCR with over 30 years of relevant experience. Mark knows supply chain challenges from all angles and has expertise in multi-channel distribution and manufacturing in many different industries. His distribution experience is extensive and includes retail and wholesale distribution. Before embarking on his successful consulting career