For the cosmetics industry, an efficient supply chain is vital for having a competitive advantage and for managing the requirements of retailers correctly and help face the challenges inherent to the supply and demand.
Just as a setup of domino tiles, technology changes the way people consume things and the way to do business and so, it changes the market, forcing logistics to change as well.
If logistics is different for every type of industry, the one focusing on healthcare is, perhaps, the most fragile and critical.
The manufacturing of auto parts accounts for half of the automotive industry’s production in Mexico. Therefore, companies aim to continuously improve their execution and warehousing processes so they can guarantee profitable operations.
It is hard to picture life without electronic devices, isn’t it? It is no surprise then that it is Mexico’s second largest industry and one of the most relevant across the globe.
If peak seasons exist for businesses, specially retailers, they also exist for freighters and loaders. In broad terms, this season begins with the school start and encompasses Black Friday, Cyber Monday, the Holiday Season, and end on New Year’s Eve.
All clients like offers and one thing they are prompt to take advantage of are big savings days, a practice adopted by e-tail with successful results. There are two large savings marathons in the USA, Black Friday and Cyber Monday (known as Buen Fin and Hot Sale in Mexico, respectively).
Globalization has forced companies to expedite their warehousing and set up processes in order to maintain their competitive advantage and the loyalty of their customers with efficient response strategies like cross docking.
Hi-Tech devices such as computers, smartphones, pads, routers, and switchboards are undoubtedly a competitive advantage; however, behind these tools there are complex supply chains – specially in terms of risks, international regulations, fittings, and administration of resources and supply – characterized by a demand for accuracy, speed, and constant metrics.
The large number of processes in supply chains turn them susceptible to risks, which can be mitigated and avoided through prevention and action plans. Even though it requires a coordinated effort between the logistics, purchasing, legal, compliance, and finance departments to achieve this, it is also necessary to establish a culture of prevention throughout the whole company.