Advatix - Logistic Supply Chain

If you own a business, you are probably going to hire a logistics service provider for your company. Though it might seem easy at first, choosing the right logistics service provider is a tough task. Without a suitable logistics management agency, your company could run into losses and not be able to meet its ultimate objective. So, here’s a list of three essential steps you need to follow for partnering up with the right supply chain logistics agency. Understanding Your Need: Before anything, you must first figure out your business ideals, goals, and objectives. Your business model must be in sync with the chosen logistics service provider for its smooth functioning and maximum profits. The industry you are in, future plans about the organizational operations, and the different methods you implement to run the company—- these are all essential factors you need to understand. So before hiring a logistics management service, you must be clear about your requirements. The Technolog

Supply chain planning and designing are one of the most crucial aspects for any business, no matter the industry. However, this is not an easy task. So, before you start here are the five aspects of retail supply chain management that must know about. Supply Chain Planning: Whether your brand is going to manufacture its products or deliver finished goods to the customers from a separate manufacturing unit are questions that are essential to supply chain planning . So, the first step is to plan ahead about every aspect of the e-commerce supply chain to ensure effective management. Sourcing: Depending on the method of the manufacturer, the next key facet of retail supply chain management is sourcing. In fact, depending on the right vendor you could not only increase the competency of your company but also save up on expenses. It is crucial that you make the right decision at this stage for your company’s advantage.  Production And Inventory: By analyzing the market, the retail supply c

Logistics technology platforms have made managing and incorporating newer features in a retail supply chain easier and simpler ever since their introduction. With real-time data not only can you expect complete visibility of all the logistical processes that are integral to a supply chain, but you also streamline the organizational functions and expect better Return on Investments (ROIs). Here are the top three reasons that make logistics technology platform a need of the hour for most business establishments.  Transportation Scheduling and Pricing: Believe it or not, transportation is one of the most important aspects of a supply chain. Scheduling and booking and the charges for a specific mode of transport vary and the rates can change in the blink of your eye. The supply chain expert implements several different technical tools to determine the best mode of transport for the goods as well as keep track of the changing prices and schedules which makes managing a supply chain infini

Most companies already have a separate in-office team to handle all the supply chain-related procedures. Yet, hiring a supply chain consulting firm is one of the latest trends for most eCommerce as well as other companies. So why exactly do you need to hire supply chain experts ? Improved Distribution System: Designing the distribution system for your company requires special expertise and knowledge to ensure maximum efficiency. One of the most important supply chain solutions is a streamlined and coherent distribution system. There is no hit-and-trial method for designing the supply chain’s distribution network and with the help of a supply chain consulting firm, you can design a network that profits the company in multiple ways. Better Supply Chain Planning and Management: A supply chain requires proper management and abled handling. From the different financial aspects to the technological platforms, without proper supply chain planning and management, you could face a bunch of pr

A retail supply chain coordinates and ensures that different aspects of a business ranging from production and warehousing to shipments and delivery are completed smoothly without any unwanted and unforeseen in the process of order completion. Logistics management is at the core of a successful supply chain and deals with all these physical aspects. The importance of logistics management for the success of any commercial endeavor is immense. Read on to find out what makes efficient logistics management vital for the proper functioning of a retail supply chain . Cost Reduction: If you are spending more than the available financial resources, no matter how satisfied your loyal customers are, your business venture is bound to face a stumbling block. With the help of logistics expert , you can not only cut down on the overall costs but also plan your expenditures to create a balance between the investments and the returns. With state-of-the-art technologies and a profound understandin

Supply chain consulting firms have become an absolute need of the hour. But why would a conglomerate or an already established business house need an additional consulting agency to manage their supply chain logistics procedures when they probably already have an in-office team in place to take care of the specific logistical needs of the retail supply chain? Information: With the whole world slowly incorporating digital systems, information is the key. The leading business establishment houses sometimes need to redesign the present supply chain, especially on the occasions of mergers and business acquisitions. And to do that they require huge quantities of updated data about the market, the necessities, and the expectations of the customers and even for supply chain network redesign and optimization. The supply chain consulting agencies offer this data within a shorter span of time. Supply chain management agencies have been in the industry for long enough to not only offer massive

Management software systems are a new addition to the different technologies implemented in the field of supply chain logistics. The inventory refers to an organized record of all the products stored in the different storage units and forms an essential portion of the supply chain design . Like transportation, order pitching and packing, and shipping, effective inventory management is crucial for the success of a company, particularly for increased customer satisfaction and for engaging a new audience. Supply chain consulting firms use inventory management software tools to efficiently manage the inventory to avoid additional inventory costs, overproduction, and under-stocking of the goods. So How Exactly Do The inventory management software systems work? Real-Time Updates on Stock Movement: Once an order has been placed, the ordered item is removed from the inventory and picked and packed, and shipped for delivery. With inventory management software, you can get real-time updates on

A company undergoes several changes over the course of time. While most companies pay particular attention to the different aspects of these changes that include budget and employees, the effect of these transformations on the supply chain network design can be overlooked. Here are the top three essential factors that play a vital role in determining the necessity of supply chain network optimization for a commercial venture. Business Expansion and Customer Needs: Supply chain planning is at the core of the primary operations of any business, especially for companies with an eCommerce page and online stores. During business expansions, if you are still sticking to the original supply chain network design, it can cause more problems than one. After venturing into a new field, your customer expectations and needs also change. This is when you know it is time you took the task of network optimization seriously to not only maximize your company’s productivity and performance but also to