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.
As the coronavirus pandemic grows, companies throughout the world have increased their response capabilities and have taken extraordinary measures to deliver their products and meet the new consumer habits.
Cross-border is the exchange of goods over a border. In the last years, global trade has caused a substantial increase in cross-border transportation, which, in turn, has created great opportunities for internationalization for companies of all sizes.
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).
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.
Flexibility is perhaps the most important factor for supply chains because of the everchanging and unpredictable nature of today’s consumers.