Transportation, logistics, supply chain management, materials handling, and inventory control continue to evolve. This evolution has created cross-fertilization among these functions, driven by factors both conceptual—matching demand to supply—and technological—an enhanced ability to communicate and collaborate. This cross-fertilization has also blurred the definition of some terms. For example, is logistics the same thing as supply… Read More What is the difference between Supply Chain, Operations and Logistics?
Social media is often quickly thought of as something we use to keep up with family and friends. But, is there business value in applying social media to logistics and supply chain management? Let’s get to know about it. In the world of logistics, social media is like a mechanism for discovering and communicating with… Read More How Social Media can be exploited by Logistics Industry?
We’ve put together this five-point checklist for choosing computer enclosures to future-proof the Internet of Things on your manufacturing floor. Knowing this will help you to quickly identify a solid solution for your factory or plant. 1. Only opt for National Electrical Manufacturers Association (NEMA) rated enclosures. Anything else will offer about as much protection… Read More 5 step plan to choose enclosures with the internet of things for Manufacturing Units
As per the global standards, the cost of logistics should be 8-9% of the cost of product. Unfortunately, in India, it is nearly 1.5 times that of the global standard, hovering around at 13-14%. That’s why most logistics companies’ big task is to answer the question ‘How should we reduce our logistics cost?’ Before jumping into… Read More Areas to Focus for reducing Logistics Cost
Everybody understands the benefits of outsourcing logistics processes to a third-party logistics provider (3PL). It is becoming increasingly difficult for business organisations to control all their warehousing, transportation and administrative tasks that come with shipping and managing inventory. That’s why they are turning to 3PLs that help them with cost reductions and overall management of… Read More Is Logistics Outsourcing a right decision for your company?
E-commerce and Omni channel solutions are quickly turning into the next phase in the use of Internet of Things and better order fulfilment processes. At the point when the Internet initially arrived, the idea of waiting for a long period to receive a product was great. It opened new doors and gave millions access to… Read More Need for Omni Channel Solutions in Logistics
A growing trend across all industries has been the application of big data, with the use of algorithms and the hiring of data scientists becoming commonplace. As businesses collect and store an ever increasing amount of data, the algorithms required to make sense of this data will become even more valuable. This is due to… Read More How Can Data Improve Supplier Decisions?