SUSTAINABILITY IN THE SUPPLY CHAIN: How To Apply It In Your Industry?
Cost is no longer the only factor to be taken into account when we talk about the supply chain. Values, such as sustainability in the supply chain, are also an issue that industries and businesses are very much looking at. The term “sustainable” comes from the Latin sustentare (sustain; defend; favor, support; conserve, care for) …
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KEY KPI’s IN LOGISTICS AND THE SUPPLY CHAIN
One of the basic keys to ensuring that a company’s logistics and supply chain process is profitable and optimal is to continuously measure and optimize its performance based on careful and well-thought-out decisions. Measuring the results of each operation and task allows us to detect and determine possible weaknesses as areas of opportunity to improve …
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Managing Smart Replenishment Orders Within Your Supply-Chain
When a warehouse is out of stock, or immediate replenishment is necessary to be able to serve customer orders efficiently, then a replenishment purchase order must be created. Replenishment purchase orders are therefore purchases from a supplier that are intended to supply a warehouse, i.e. they are linked to a physical warehouse to replenish goods …
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IoT innovation
IoT is a revolutionary technology for major industries such as supply chain management, retail, and transportation. The Internet of Things shows its potential for full automatization in Supply Chain and Logistics processes like inventory planning and monitoring. Applications for management, forecasting, and oversight can assist Logistics managers to increase operational effectiveness and decision-making transparency. All …
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Global Supply Planning
Is Your Supply Chain Adapting to the International Upheaval in Global Transportation? No one could predict the massive effects that Covid 19 could produce in 2019. Disruptions in the supply chain have left thousands of companies struggling to maintain critical customer expectations. Insufficient inventory and lengthy transit times by all modes of shipping have had …
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Worldwide Shipping Management
Shipping management is one of the core processes in logistics, typically related to global companies. Let us first explore the definition of shipping management. The process, in its essence, is meant to provide smooth dispatch of goods and possibly services. In other words, shipment management is the process of planning, preparing, and executing the shipping …
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