How to build an effective supply chain for the logistics and warehouse industry?

How to build an effective supply chain for the logistics and warehouse industry?
Presently, the eCommerce industry has undergone incredible transformations in recent years. As a result of the tremendous excitement around internet-based orders, some brick-and-mortar stores have gone online. However, the hype has driven some warehouses and logistics owners to complete their fulfilment within a specified deadline, which is impossible to do using traditional working methods. This is when automation comes into the picture.

What do you think you’ll take away from this episode?

This episode will draw the dots between the concept of building a productive supply chain and the improvement of logistics and warehouse functional efficiency competently.
Subscribe to VisAI Labs' Newsletter
Relevant links:
Podcast Transcript:
Today, your inventory management and entire business strategy are both dependent on the supply chain.

By lowering wait times for in-demand items, an effective supply chain may help your company save money and boost customer satisfaction.
In other words, it provides you with a significant competitive advantage over other businesses in your field.
So how do you improve supply chain performance in your firm?
Let’s quickly go through the top five innovative approaches to accelerate the future digital supply chain.
Number one: Speed – When the buyer wants to purchase a product, they anticipate same-day or one-day delivery.
This shipping practice becomes conceivable by empowering advanced forecast demand reports, which can track the movement of products every day for rapid doorstep delivery.
Number two: Flexibility – Planning superior service in a supply chain is crucial; the industry needs to concentrate on a significant area like enabling flexible transport and expanding the distribution centres.
By Guaranteeing flexibility in the supply chain, we can quickly rocket business growth.
Number three: Accuracy: With the appropriate information, the supply chain industry can grow several times.
The precise data can determine the sort of change we need to focus on boosting the operational efficiency in the workspace.
Number four: Productivity: for a supply chain, productivity is the ratio of what you get out to what you put in.
The notion of “output vs input” encompasses the workforce’s accomplishments due to equipment utilisation, time spent, and return on capital.
And the last: Efficiency: You stand out when you offer low rates and deliver things faster than your competitors.
An adequate supply chain system actively reduces costs and speeds up the processing of orders.
By Automating the redundant physical task and planning activities, you can boost supply chain efficiency.
And that’s the logistics insight for today.
This is AIphonse, signing off, Bye

Share on linkedin
Share on reddit
Share this page