Category:- Supply Chain
You can find all the supply chain related posts here.
Colombia: Poised for Industrial Growth
In the last 10 years, Colombian consumers’ tastes and preferences have changed as they seek to try new products and demand higher quality and product innovation.
The growth trajectory for Colombia is extraordinary! The ability for the country to manufacturer products and ship on time to the USA makes it an ideal partner and poised to manage the labor shortages that plague the USA for the rest of the decade.
Only Technology Can Solve the Industrial Supply Chain Crisis
Digital B2B eCommerce, while extraordinary, triggered the scope of the supply chain problem. Buyers purchase more online. This frictionless purchasing path has driven demand at a time when supply chains are fragile. Companies react to shortages by stockpiling supplies, exacerbating the misaligned inventory. These supply chain challenges are further aggravated by worker shortages found in every vertical segment.
What Is Elastic Logistics?
Elastic logistics is a technique for expanding and contracting logistical capabilities as needed, thus enhancing the overall cost-efficiency of the supply chain. Elastic logistics enables businesses to operate their supply chains more efficiently in response to market swings, scaling up or down based on seasonal activity and other factors. Lean or just-in-time business models have been around for some time, but elastic logistics is gaining popularity.
Logistics Warehouses Quickly Adopting Automation to Reduce Walk Time
Driven by dramatic eCommerce upticks during COVID, there is no sign that automation in warehouses and logistics operations will slow anytime soon. Compounded by the Great Resignation, there are not enough hands to fulfill all the online orders. Consumer expectations are higher than ever, with same day delivery a requirement, and a four hour window preferred.
What Is On-Demand Warehousing?
On-demand warehousing is a flexible solution for businesses seeking to expand and manage inventory fluctuations. It allows businesses to use warehouse services on an as-needed basis through a pay-per-use model, allowing them to avoid making long-term commitments. Multiple industries, including those dealing with fast-moving consumer items, industrial production, and hospitality, can benefit from on-demand warehousing. This concept can be utilised by both large and small businesses trying to improve their supply networks.
7 Major Benefits Of Just-In-Time (JIT) Process
Inventory management assures adequate supply to fulfill customer demand. Inventory management tools and practices can help businesses forecast and satisfy customer demand. For effective inventory management, purchasing, reorders, shipping, warehousing, storage, customer satisfaction, asset turnover, and other data are collected and analyzed. The goal is to maximize earnings with little inventory investment while maintaining customer satisfaction. Inventory management can assist prevent stock-outs and overstocking.
A Just in Time programme has numerous advantages, which will be discussed in this blog.
What Is Warehousing?
Businesses can temporarily store products and optimize shipping to customers with the help of warehousing. Even repackaging products for marketing purposes or optimizing the package for last-mile delivery is possible thanks to warehousing. These are essential steps for ensuring that products move through the supply chain to the final customer, ensuring that they have the best experience possible.
3PL vs 4PL: Understanding The Key Differences
When looking for fulfillment providers, you will most likely come across two terms: ‘3PL’ and ‘4PL.’. While 3PLs are far more popular, both phrases refer to outsourcing fulfillment and e-commerce logistics services, so understanding the distinction is critical. In this article, you’ll understand the essential differences between a 3PL and a 4PL to help you decide which type of logistics provider is best for your company.
4 Major Benefits Of Blockchain In Supply Chain
While blockchain technology is still in its infancy, particularly in logistics operations, its promise for the sector cannot be questioned. It can transform every aspect of logistics, from inventory management to transportation tracking. By utilizing blockchain technology for data authentication, the entire supply chain can contribute and authenticate data with the confidence that it will not be tampered with. We will examine several ways that blockchain technology can assist the supply chain in today’s blog.
