Advatix - Logistic Supply Chain

Innovative technology and modern distribution techniques are used worldwide, backed by warehouse management systems providing warehouse management solutions for many organizations. From ineffective inventory management to poor customer service, a Warehouse Management System (WMS) proves to be a resourceful step towards building a better business. Warehouse management systems are software applications that support day-to-day operations in warehouses. WMS programs enable the centralized management of tracking inventory levels and locating stocks to fix common challenges faced by distribution companies. Here we list a few benefits of investing in a WMS for your company. ●       An efficient warehouse management system improves inventory management by creating faster inventory turnover. It limits inventory movement and improves record accuracy reducing the need for safety stock. It reduces the risks of having too much stock or situations where you may run out of stock.   ●       War

One of the first things supply chain consulting firms recommend e-commerce brands are investing in a warehouse management system or a WMS. A WMS can improve your warehouse management quality, from effective inventory management to improved customer service. WMS is essentially a good tool to build a thriving business based on technology. What is a WMS? WMSes or Warehouse management systems are software applications that streamline day-to-day operations in warehouses. A WMS program enables the centralized management of tracking inventory levels and locating stocks. They help fix common challenges faced every day by distribution organizations and help boost productivity. Here we list a few benefits of investing in a WMS for your company. ●     A good warehouse management system helps tackle challenges in inventory management by creating faster inventory turnover. It helps limit inventory movement and improves record accuracy reducing the need for safety stock. It warns well in adv

Managing inventory is very important to a business that deals with products. The overall costs, losses, and profit margins are directly related to how well inventory is managed. Outsourcing inventory management Most smaller businesses store their inventory in a different geographic location, in warehouse facilities that another company owns. When inventory and vendor management becomes complex and time-consuming, it is a good idea to turn to a supply chain consulting firm for assistance. The consultant can either take over the inventory, warehousing, and distribution management or advise the business on improving the supply chain for smoother, more efficient operations. Distribution Management Distribution management is the method used by supply chain experts to manage the transport of products from the supplier or manufacturer to a retail center. A robust inventory distribution system involves numerous activities and processes that include packaging, inventory, warehousing,

For most companies, the growth in e-commerce business volume overtook their operational capacity in 2020, thanks to the pandemic. The companies that have sustained the change are perhaps still working at peak season level. Here is some good news for such organizations: some rapidly implementable solutions can bring immediate relief to your company. If your organization is looking for ways to improve fulfillment delivery efforts, consider our Diagnostic steps list. ●     Quickly assess your current state take a step back, and look at your fulfillment process. Determine the procedures and methods that work for you and the ones that could be improved. A simple assessment can be performed by a neutral and objective third-party supply chain solutions company. ●     Identify the various activities or methods that are the most time-consuming bottlenecks in your company. Look out for efficiency opportunities like defects, overproduction, unused talent, motion transportation, over-processi

This is the era of global business and trade, the likes of which have never been experienced before. The driving force is the changing expectations of demanding customers.   Continuous technology innovation brings integrated capabilities to deliver goods and services with speed and accuracy. In this scenario, inventory management and dispatch management are critical. The importance of Inventory Management Systems An inventory management system is a process by which you track your products and materials through the supply chain. It keeps the business aware of the levels of all the products involved starting from purchasing to the production process and right up to the points of sale Inventory management systems are needed to handle stock and control inventory levels accurately so that overstocking or understocking problems can be avoided. For example, to assemble your products will need several raw materials, components, or ingredients. Your inventory management system will ca

To align customer expectations with technological possibilities and build multiple options for customers, businesses increasingly look at developing omnichannel solutions and strategies. What is the role of an omnichannel consulting service? Consumers now shop with different touchpoints. For example, A customer may be interested in a clothing item that comes up in his social media feed and follow the brand’s Instagram account. He then receives a special offer coupon from the brand via email and redeems it while purchasing from an online store. An omnichannel consulting service can help to integrate all these points into one holistic omnichannel so that the customer has a seamless experience What are some of the best omnichannel solution practices? 1.    Understand your customer’s purchase route : The first step is to understand the journey between the point the customer becomes aware of the brand and the endpoint of making a purchase. What channels are they traveling through, and wha

Advatix is one of the leading Retail Supply Chain management consulting firms in the nation. We, at Advatix, offer the most innovative supply chain technology solutions along with warehouse facilities. We help different companies to overcome supply chain obstacles and provide customized supply chain designs that are specific to the companies’ goals, challenges, and opportunities. Our team of experts design, develop and implement result-oriented solutions to ensure efficiency, measurable improvement, and significant cost reduction. Our customized models help the companies to fix the supply chain problems and find opportunities to grow in the market. Along with supply chain management solutions, we offer Inventory Planning and Management services to the companies. We use smart devices and technologies like the inventory tracking system (IMS), Order management system (OMS), etc to offer real-time management, manage the inventory, improved visibility, accountability, and prompt exe

The pandemic has put enormous pressure on the existing storage and fulfillment centers of many organizations. You may be wondering if you should invest in a bigger and better facility or improve the one you have considering the peak demand you have been meeting. Analyzing variables like the layout of the facility racking slotting and material handling equipment will give you the right answers. To start with, you need an understanding of the capacity of your current space. Having a supply chain Consulting organization analyze your warehouse can help save time. Evaluate vertical storage Determine the possible maximum racking height versus the current state in your warehouse. Check if there is room in your existing or potential facility to build vertically. Be sure that the remaining clearance me local fire regulations and is compliant with building codes.   Dock space Include a complete accounting of total inflows and outflows to avoid overcrowding at your warehouse's Dockin

The word “Inventory” stands for the merchandise a business wants to sell to customers and make a profit. Managing inventory is a key step of the supply chain; it involves tracking inventory from the manufacturer to warehouses and then on to a retail center. Why is inventory important? Inventory management aims to have the exact products needed in the required quantity at the right place and at the right time. Inventory planning and management systems include:   1.    Overseeing of purchase: Goods that are ready to be sold are bought and transferred to the warehouse (or directly to a retail center) 2.    Stock maintenance: The goods in the inventory are stored in expectation of demand. 3.    Order fulfillment: The extent of product for sale is controlled for optimum Management and dispatched to customers to fulfill orders Inventory is a business’s most vital resource, and it has to be maintained at optimal levels. Low levels of inventory, when needed, can cause customer di

Inventory management is a crucial part of business profitability and bottom line. Some brands may have too little stock creating a bad impression with customers. And with some cases, over-stocking is also a problem creating losses in the long-term. Good inventory management lies in between these two extremes. Inventory management requires a lot of planning and is always worth the effort. Managing your inventory is an important lesson you will learn in your business journey. Let us discuss a few important tips that will help to manage your inventory easier. ●      Keeping records of product information for items in your inventory is crucial. Data like the suppliers' countries of origin, lot numbers, barcode information, etc., should be stored for better tracking and Management.   ●      Regardless of your inventory audit frequency, make sure to physically count your inventory to ensure it matches your idea of the stock.   ●      It is important to analyze your suppliers' perfo