Can effective Supply Chain Planning solve modern business challenges?

Supply chain has undergone tremendous changes in the past years. Earlier, the Supply Chain Planning process could mean adopting lean manufacturing and implementation of Enterprise Resource Planning system to overcome data tracking problems.

Today, investing in the e-commerce Supply Chain management process means introduction of high-end analytical systems and design solutions. Unless you have an experienced staff backing the transition to cloud and advanced technology, the entire process can backfire with messy and disconnected data.

Critical aspects of professional e-commerce Supply Chain

Before jumping on the bandwagon for professional retail Logistics Management, it is important to assess the following aspects - 

• Are the forecasts updated timely? 
• Are these relevant as per desired planning systems in sales, financing and operations?
• How do you handle disruptions like labour issues, etc. that may threaten to harm the supply chain?

To avoid problems, it is recommended to choose the best supply chain management system and procedures to attain effective outcomes.

Choosing the right planning system helps to create a suitable demand pattern and attain a balance between demand and supply in order to safeguard the financial resources of the company. 

Introducing logistics management for organisation growth

Choosing the best logistics management partners can help to deliver suitable outcomes. These offer the best logistic solutions in the following manner -

Logistics network design

It is important to adopt a data driven approach to attain the best logistic solution for your enterprise. A good idea is to choose a backward to forward approach to attain the best and optimised solution and create an optimised transport network that is resilient and speedy.

Depending on your business model and the need for an optimal delivery mechanism, the right business partners deliver quality outcomes at all times by creating a solution that delivers best solution for less. 

Logistics network technology

By deploying the latest solutions and platforms, it is easy to attain route optimisation, customer notifications, desired customer satisfaction and service standards. 

Professional Logistics Management and consultancy services

As brands undergo transformation and attain scalability, optimizing business operations and procedures is crucial. This propelled by rapidly changing buying patterns, dynamic business ecosystem and explosive growth in competitive forces has boosted the need to choose professional Logistics Management services. 

A significant shortage or bottleneck in the supply chain can have a drastic impact on your business and its reputation. Having a team of experienced professionals along with a good Logistics Technology Platform can instantly enhance your profitability and stability. Such experts answer to your complex issues and deliver transformative experience.

Choosing the best Professional Logistics and Retail Supply Chain management system

Choosing professional Retail Supply Chain management experts from Advatix can be a great idea. The brand has a team of supply chain turks that can solve complex supply chain issues, handle business challenges and overcome unconventional problems using advanced technology and analytical system.

Choosing the best Professional Logistics and Retail Supply Chain management system can deliver the desired transformation even in extreme operational environment. 

How do the Advatix Logistics Management consultants bring a change?

Experts are well-versed in handling varied supply chain challenges and help to identify potential issues and existing drawbacks. By their farsighted approach, they predict the issues and expenses that can take a toll on your business and bring adequate mechanisms to handle the situation. 

Conducting an audit helps to give insight into the errors in planning, quality of shipping processes and penalties. Having a clear understanding of the situation helps to resolve problems and aids in effective negotiations with the shipping service providers. 

These consultants also provide information about -

• Improvement in existing systems
• Enhancing productivity
• Management and tracking of goods
• Delivering quality standards, etc.

With Advatix Logistics Management services, you can get an idea into the possible changes to save on costs and time. Similarly, you get cognizant of the right methods, solutions and services to attain effective shipping with minimum turnaround time. This increases your end user satisfaction and loyalty.

Reasons for popularity of the Logistics Consulting

The post pandemic business environment has undergone dynamic changes and customers have increased their interest in online stores. It was estimated that in 2021, they invested 870 billion into these mediums and the equivalent targets were earlier set for 2023. This means that to cope with the demand, businesses need to choose Logistics Service Providers to help streamline the operations and achieve efficiency.

Types of processes undertaken in logistics

• Handling the supply of goods and prioritizing the same to suit business outcomes. This is crucial to attain timeliness in operations.
• Handling the production systems and managing the creation of products. 
• Managing the distribution channels and overseeing that the right products reach out to specific customers. Similarly tracking of these products is important to ensure effective outcomes. 
• Reducing losses resulting from reversals. The stuff sent back can have huge overhead expenses. Having a well-designed logistics system will absorb these quickly and safely. 

As per statistics, having a well-trained and streamlined system is crucial to maintain effective logistics system. Businesses see a reverse logistics of 30 percent which is quite higher than those of in-store returns. Hence efficiency is crucial to maintain profitability and stability in the entire system. 

Why bring in leading Logistics Experts?

As the volume of the shipments increase, the associated costs too escalate by leaps and bounds. Conducting audits can be a baby step in the direction of management yet having Logistics Expert can bring relevant scalability minus problems. 

Having the best Logistics Consulting services can aid in controlling costs, delivering highest quality standards and achieving customer satisfaction.

It is observed that investing in such experts brings in advanced technology, improvement in services and other significant returns that helps you to improve the supply chain.

They evaluate and improve the existing shipping systems and operational methods to determine loopholes in the entire chain. These suggest changes that help to optimise existing procedures and attain efficiency in manufacturing, warehousing and transportation systems.

Supply Chain Experts for your business development

Post pandemic, global supply chain leaders struggle to manage crises and issues that are eating into the business growth and success. A McKinsey report indicates that they struggle to maintain the situation by choosing a combination of inventory, dual sourcing, etc. This hit and trial methods brought success to 83 percent of businesses but such wonders are not repeated every day. This is why businesses must invest into Supply Chain Expert to create a resilient organization.

Benefits of expert Supply Chain Management 

The customer demand patterns especially post the pandemic have gone tizzy. The existing tactics to market products are no longer effective. Hence businesses need new tactics to boost their survival. Thus, investing into the Supply Chain Management experts help to reduce the challenges and drive profits.

The professional Supply Chain Solutions are critical for businesses as experts predict that the existing challenges in the supply chain are expected to last until mid-2023! Managing the situation till then on your own can threaten your existence due to issues like -

• Global political unrest
• Continued struggle to source raw materials
• Handling rising costs of fuel, etc.

Labour shortage is another major problem that causes stress on the entire chain. Similarly, businesses struggle to retain the existing staff as they turn towards new opportunities.

Supply Chain Solutions that make a difference

Choosing professional supply chain solutions is important to boost the business growth. It ensures that the right quantity reaches the desired destination timely. Professionals help to streamline the entire process adequately and deliver efficiency and effectiveness.

With professional help, you can reframe the supply chain by focusing on aspects like –

• Creating a reliable support system
• Network designing
• Eliminating gaps
• Operational flows and removing flaws
• Inventory management
• Manpower planning, etc.

How choosing Advatix helps?

Choosing Advatix means creating an optimized system that can handle flows and digital replicas to help a scaling business. Each solution is carefully selected and recommended to boost your business outcomes and profits.

3 Tips to Remember While Hiring a Logistics Consulting Agency

A logistics consulting agency is vital for any commercial establishment with an eCommerce web page. In fact, with the help of esteemed professionals, you can effectively manage the Ecommerce supply chain and logistics associated with the process of order completion without any unnecessary delays. If you are considering partnering with a logistics consulting agency, here are 5 tips that can prove to be invaluable for your endeavor. 

Specify Your Needs: Every industry has several different companies working at different scales. The most important point to remember while hiring logistics experts is to never lose sight of your company’s needs and end goals. Only when you have a clear idea about how you want your e-commerce Supply Chain to function, you can select the right agency for the purpose. If your brand deals in fragile items like jewelry or glass decorations, packing and storage should be your primary concern. Similarly, if your company manufactures medicines, the swiftness of order completion within a short period should be your primary concern. 

Operational Features and Services: In the era of internet, information is easily available and the leading logistics consulting services have their own websites with detailed info about their services. Once you know what sort of facilities you need, you must match them against the available data and see which logistics consulting establishments offer the services most suitable for your commercial venture. What’s more, the logistics expert and their team’s availability should also be considered to tackle unforeseen situations relayed to the eCommerce supply chain. While fundamental support from your chosen supply chain management agency must include advantages like live visibility, order tracking, and easy returns besides quick delivery, there are other factors and additional services like management systems to further improve your business operations. 

Ask For Quotes: Rather than signing a contract with the first logistics consulting agency you come across, ask for quotes for the required services and compare the prices before deciding on any particular supply chain and logistics management firm. This helps in making the best selection which is super important for the long-time benefit of your company.

The Four Different Inter-Related Layers of Logistics Service Providers Essential for The Success of Your Business

If you are looking into logistics service providers and planning on hiring an agency or a consultancy that specializes in supply chain solutions and logistics management, you need to be aware of the different levels of logistics services that are available in the field. While first-party logistics service providers involve only the cargo owners, third-party, and fourth-party logistics service providers offer a more comprehensive range of amenities and benefits for the company depending on the scale of the business operation. Read on to find out everything you need to know about four interrelated layers of logistics service providers that are crucial for eCommerce supply chain management.

First Party Logistics: 1PLs or first-party logistics service providers essentially deal with the shipment of the orders and their reception before delivery. The distribution process is an internal matter of the hired eCommerce supply chain and logistics management agency. 1PLs usually involve the manufacturer of the said product and the retailer who generally makes bulk orders and acts as the primary customer. It does not involve transportation or warehousing of the said goods.

Second-Party Logistics Service Providers: 2PLs cover more than just the basic source and destination. It also includes the transportation of the manufactured products from one storage space to the next until the order has been shipped and received for delivery. The transportation networks involved in an e-commerce Supply Chain could be a shipping company or a trucking service that is used for transporting the cargo from the manufacturing unit to the distribution center.

Third Part Logistics:  3rd party logistics service providers are probably the most popular of the four tiers. Not only do they have storage and warehousing facilities, but also ensure safe transportation and swift order fulfillment by optimizing the routes and coming up with the best shipping alternative supply chain solutions. 

Fourth-Party Logistics: 4Pls play an active role in supplier selection, routing, order fulfillment as well as customer services. Such supply chain solutions and consultancies basically supervise every aspect and the different stages of order fulfillment benefiting the client as well as their customers.

How Does Logistics Execution Platform Offer by The Top Supply Chain Management Companies Help Your Business

There are several different technologies implemented by the top supply chain management companies to boost your sales and magnify the efficiency of your commercial venture. Logistics technology platform include tools like Order Management Systems and Logistics Execution Platforms that provide the ultimate solution to retail supply chain management and execution. With LEPs you can achieve a higher standard of business operation and offer your customers state-of-the-art services to keep them content and satisfied. The automated system also reduces the margin of error and benefits your business in the long run. The top three advantages of the logistics technology platform include the following:

Lesser Transit Time: A big chunk of the order fulfillment depends on the transportation and shipping of the placed orders. With the help of the LEPs offered by the supply chain management companies, you can reduce the time of transit and thereby accelerates the process of order fulfillment. Network planning and route optimization as well as feasible and best shipping options suggested by the retail supply chain service providers are a huge help for companies with an online store and Ecommerce page.

Cost Reduction: What makes LEPs one of the most popular logistics technology platforms is that they offer direct solutions to the changing conditions that the market often exhibits. This means LEPs give you comprehensive knowledge about how you should be investing your resources and the prospective areas where you can cut down the expenses. Add to that the fact they provide the most advantageous networks and shipping alternatives and voila, your overhead costs can be decreased to suit the needs of the business operations. This also paves the way for flexible yet highly efficient operational functions that ensure that your customers get the same level of service while you can save and invest in other areas and better manage the retail supply chain.

Real-Time Order Information: With the help of LEPs the supply chain management companies offer your buyers live visibility and tracking of the order. With real-time information about the stages of the order fulfillment process, customers can stay updated about the whereabouts of their purchases.