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.
One of the main goals of retail and logistics is to have available stock, having the right products at the right place and time in a systemic manner to react quickly to the everchanging nature of the demand.
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.
Flexibility is perhaps the most important factor for supply chains because of the everchanging and unpredictable nature of today’s consumers.
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.
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.
Well-planned and well-managed urban areas offer great opportunities to create sustainable designs to foster new business, manufacturing, and logistics models which, in turn, raise a series of challenges, for which we need to be ready.
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.
Blockchain is a technology that, when applied to logistics, has a major impact on traceability and other aspects of the supply chain.
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.