Beyond safekeeping products, a warehouse is a space that optimizes the flow of merchandise and information while adding value to the supply chain by improving costs and customer service.
According to Gartner’s Smart Insights for the Real-Time Transportation Visibility and Monitoring Solution Market, visibility was one of the three main initiatives financed in the supply chains in 2019.
Maximizing the efficiency of a distribution center demands continuous analysis and strategic planning; therefore, it is essential to consider whether the layout helps the operation and productivity.
As the complexity of the supply chain grows, the need for tech solutions with increased transparency and visibility for better decision making grows too.
Brands competition for shelf space is increasing in the big retail chains to ensure they stay in the minds of consumers and to procure potential income; however, it is not an easy thing to accomplish.
Because of COVID-19, the logistics industry is monitoring the supply of medical goods across the globe as well as its impact, likely interruptions, and shortages.
For as long as we lack the answers on how big the financial loss and how long the pandemic will last, it will be impossible to fully gauge the impact of COVID-19 on the global economy and international trade.
The lack of security faced by Latin America’s supply chains is a challenge to be solved because it results in heavy financial losses and lowers the region’s competitiveness.
Inventory management is a process that requires planning, organization, and training. That is why, inventory consignment for hospitals is a good way to improve the logistics of hospitals, clinics, and pharmacies.
According to Americas Market Intelligence, these are some of the opportunities arising for logistics from the crises caused by the Covid-19 pandemic.
The growth of the coronavirus pandemic has crated major changes in consumer habits, which has also led to interruptions in all the supply chains.