The most important aspects of a supply chain begin at the warehouse, the place where we organize and keep products that we will later distribute. Therefore, Warehouse Management Systems (WMS) – which were created to help guide every step involved in moving stock – have evolved very much in recent years.
Ten years ago, logistics trends talked about venturing into e-commerce, the emerging warehouse and transport management systems, and adding to our offer value services like packing, reverse logistics, and backhauling because all of these were necessary to keep competitive in the industry. Currently, all of the above are a reality in the operation of the largest logistics companies.
Knowing which type of outsourcing model is better depends on the complexity of the supply chain and the strategic goals of each company, and of the nature of its products and the way the sector handles itself.
Logistics is evolving thanks to Big Data and we are beginning to process data from the supply chain to make better strategic and tactical decisions to improve revenue, increase savings, and improve customer experience.
The maritime industry has always been considered as a pillar of international trade since the times of ancient civilizations because it makes it possible to buy and sell goods and transport people. With over 50,000 merchant ships from 150 countries, it is currently one of the most globalized industries in the world in terms of ownership and operations.
Supply chains give great competitive and commercial advantages to companies; however, managing them presents quite a few challenges, which we need to address or prevent to avoid major interruptions and bad experiences.
Increased trust in Asian markets, greater consumption of goods, and new trade agreements have led to greater investment – particularly in Southeast Asia – resulting in an expansion of the region’s logistics sector.
When it comes to transporting goods as cheaply and quickly as possible, designing a strategy for loads that increases productivity, lowers costs, and expedite shipments becomes essential.
Pharmaceutical products are of great value because they conserve and improve health, and even save lives. Therefore, this industry has one of the most challenging logistics: products must arrive at their destinations safely and as soon as possible.
Latin America faces a greater challenge than just following the global technology trends, and that is achieving a digital transformation that integrates technology, processes, and people while meeting the pressing needs of the region.
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