Manufacturers frequently find themselves facing the question whether to carry out the warehousing, distribution, and transportation processes internally or hire the services of logistics experts.
The 70’s Just-In-Time philosophy gave birth to diverse models that aim to optimize processes. One of the newest and most effective is Quick Response Manufacturing (QRM).
One of the advantages e-commerce offers to clients is the chance to return products that failed to meet their expectations; this has forced those involved in the supply chain to improve the speed, efficiency, and cost of their reverse logistics.
The new focus on clients has forced companies to organize their logistics systems and processes. Each client demands a different level of service regarding delivery times, sales channels, information requirements, and status. This has made supply chains more complex and difficult to manage, especially those whose processes are difficult to synchronize, optimize, and digitize.
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.
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