Opportunities for logistics for 2021 derived from the covid-19 pandemic
According to Americas Market Intelligence, these are some of the opportunities arising for logistics from the crises caused by the Covid-19 pandemic.
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.
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.
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.
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.
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