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Showing posts from October, 2020

Use smart inventory tracking system to be updated about your stocks in real-time

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In a fiercely competitive environment, supply chains need to be agile and flexible. With e-commerce, logistics has become an important pillar in the success of an organization. When your supply chain is adaptable and versatile, your customers are going to benefit from fast and swift services. It is a big competitive advantage and every organization should put their best foot forward in this domain. One aspect of optimizing the supply chain is also about planning and managing the inventory optimally. With the use of an intelligent  inventory tracking system , situations like stock-out, or, sold out, and unavailability can be avoided effectively. For e-commerce companies, they must be aware of all aspects of the existing inventory. Tracking inventory helps companies be updated in real-time about the stocks so that smart decisions can be taken by the concerned management.   The supply chain is the bloodline of your business operations – whether it is outsourced and or in-house. This i

Add Benefits to your business with Logistics Consulting

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Many businesses find the cost of warehousing and transporting quite overwhelming. Hiring a logistics expert can help a lot if the business is experiencing regrouping, a growth spurt, or scaling down. They suggest well-planned logistics strategies and plans anticipating the issues that may crop up. This way, businesses can avoid many costly mistakes that are majorly a result of poor planning. Detailed logistics planning can give the businesses a much-desired edge over the competition by meeting varying customer needs with greater efficiency. The process that helps in the analysis of business transportation and storage needs, prepares a plan that meets these needs in the most cost-effective, efficient, and safe manner is referred to as logistics planning. Logistics Consulting provides this help to the business bringing them a lot of benefits. They study the flow of work and accordingly determine the best strategy that can give them cost-saving and competitive advantages. Some busin

Benefits of the Omnichannel supply chain

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The switch from multi-channel to  Omni channel supply chain  has been necessitated today because such a supply model brings in an integrated platform for customers to have better shopping experiences. Omnichannel systems provide numerous benefits to customers and businesses. Benefits for customers and businesses Customers enjoy greater flexibility to shop from any channel and can choose to have products ordered delivered to their address from multiple channels or can also alternatively pick up the products themselves from the stores. Brands can now offer enhanced and customized shopping experiences to fulfill user expectations. It helps the supply chain work in a proactive manner where inventory stocking and usage can be forecasted with more accuracy.  Buyers can now experience a streamlined shopping experience as the system offers visibility of the inventory in real-time. This helps in optimized management of the inventory which in

Add Benefits to your business with Logistics Consulting

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Many businesses find the cost of warehousing and transporting quite overwhelming. Hiring a logistics expert can help a lot if the business is experiencing regrouping, a growth spurt, or scaling down. They suggest well-planned logistics strategies and plans anticipating the issues that may crop up. This way, businesses can avoid many costly mistakes that are majorly a result of poor planning. Detailed logistics planning can give the businesses a much-desired edge over the competition by meeting varying customer needs with greater efficiency. The process that helps in the analysis of business transportation and storage needs, prepares a plan that meets these needs in the most cost-effective, efficient, and safe manner is referred to as logistics planning. Logistics Consulting provides this help to the business bringing them a lot of benefits. They study the flow of work and accordingly determine the best strategy that can give them cost-saving and competitive advantages. Some businesse

Dynamic Safety Stock Management – need of the hour for online businesses

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Stockout situations for an online business are embarrassing resulting in loss of customers as well as the loss of brand value. This is where the concept of  Dynamic Safety Stock Management  comes into play. Safety stock, as can be understood from the term, refers to the excess stock of products, say, best-selling products, or seasonal in-demand products that a business over-stocks with the purpose of using in case of over-demand or any other unforeseen situation leading to a shortage of the said product. Businesses that operate in a highly competitive market need to be dynamic and active. To meet the vibrancy in demand for their products, it is important to adopt futuristic techniques akin to safety stock management. Futuristic and pragmatic, why! Because maintaining safety stocks has associated costs, like warehousing, expiry, insurance, etc. and risks like the non-movement of the excess stock, loss of liquidity, and so on. This is why it is always ideal to have a  supply chain expert

Advanced Inventory management services at Advatix

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Advatix is one of the leading supply chain and Inventory Planning and Management consulting firms. At Advatix, we offer the best strategies and systems to optimize inventory levels and improve financials. We believe the supply chain is the blood cycle of your organization, the growth and success of the business depends upon the balance between the supply chain, and the inventory management. We help you in building a strong balanced supply chain that will aid in the growth of your company. As a leading market leader, we offer customized designs that will meet your business standards and goals. We develop realistically, implementation-oriented customized supply chain designs that provide measurable improvement, ensure efficient and effective operations, and reduce the cost significantly. To manage the operations of the warehouses, we use advanced Warehouse Management Systems that digitize the business process. We develop sophisticated platforms to help you plan deliveries across the su

Why Hiring a Supply Chain Expert is a Great Idea?

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It is significant to note that supply chains do not run efficiently by themselves. It needs committed and expert human assistance. With talented professionals who have necessary experience and training to run this job efficiently is low in supply, it has become a challenge. It is important to look for a supply chain expert who have necessary talent, experience, and training who can manage their supply chain operations. This brings us to the question where to hire these experts and how they can help the execution of operations. Knowledge Skilled and experienced supply chain experts working with supply chain consulting firms bring immense knowledge of this field on board. Hiring them means handling a variety of supply chain related issues and find solutions for them. They have necessary experience and knowledge that helps them in managing freight costs and different vendors. Abilities to Collaborate These firms collaborate with intermediaries, suppliers, customers, and third-pa

Features in a Warehouse Management System

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It is important to run warehouse operations with utmost efficiency. Many businesses invest in high-end warehouse management system that comes with broad capabilities and can also handle supply chain management, inventory management, and transportation management also. Thus, a lot of bases are covered with a single platform. When looking to buy a WMS software, here are a few features that you must check out. Inbound and Outbound Operations This feature in a warehouse management system help in handling inbound and outbound operations. The process of warehousing includes working with vehicles that carry materials and physical products. Truck manifest tools help in entering data into the inventory system. This, in turn, prepares the warehouse for these incoming goods. Items are perfectly organized for storage through radio frequency ID tagging, barcode scanning, and other ways of processing goods. Some systems also have features that helps in labeling and identifying each item on arriva

Why should we use warehouse management system?

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The  warehouse management system  is an automated system that helps in controlling and in the management of routine operations in a warehouse. From enabling smooth receiving of stock to ensuring that the items are picked up in an optimized manner as well as shipping the orders seamlessly, the software is meant to facilitate uninterrupted management of the warehouse.  Inventory management is the biggest asset and the warehouse management software is made to include such features. At the end of the day, the system facilitates a range of functionalities – enclosing pick, pack, and shipping features. Certain sophisticated parts of the software also help in easy interaction with the material-handling department as well as yard management. There are three types of software programs – the cloud-based system, ERP modules, and the standalone system. The  Transportation Management System  helps in the optimization of processes involved in the execution of orders and shipping goods. The purpose o

Advatix: A leading supply chain and logistics service provider

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Advatix is one of the best Logistics Service Providers , in the state offering advanced supply chain and logistics services and solutions. At Advatix we find new and improved ways to manage and automate the different aspects of the supply chain on an ongoing basis. From managing supply chain aspects to including the transportation company, third party logistics, warehouses, and various other aspects are taken care of by our expert teams. Our executive team has had a great experience of working with leading businesses like Amazon and Walmart for designing and developing logistics strategies. Similarly, we will help develop a strategy for your business and ensure that products reach consumers in a timely and cost-effective manner. As a leading Supply Chain Logistics consulting firm, we provide help to implement the infrastructure, technology, teams, and processes to ensure that customer experience stays front and center as we improve speed and reduce cost. Also, we apply our unique tech

Advatix: Supply Chain and Logistics experts

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Advatix is one of the renowned Supply Chain Experts of the state, offering advanced supply chain and logistic services. Our team of the world's top supply chain and logistics experts with a laser focus on helping our clients transform their operating models and become the leader in their markets. If you are looking for a team of experts to improve your business operations, Advatix is the best choice. We believe the supply chain is the most important aspect of your business. Every functional area of your supply chain should function as a part of the balanced system. We help you in overcoming the biggest supply chain obstacles and develop an efficient wholesale and retail supply chain design. We develop realistic, implementation-oriented solutions that ensure efficiency, measurable improvements, effective management, and significant reductions in cost. Also, we reduce logistics cost substantially and improve service levels. Our executive team ensures that your business has a well-