Now that the effects of the COVID-19 pandemic are finally starting to stabilize, we can now see a much clearer picture of just how important good logistics management was in the past year. With a huge shift in online business making and sales, many old-fashioned companies were not able to make it based on their old business model. Other companies learned from their failures: they either must adapt to the new normal or risk a total shutdown. One thing a lot of business owners jumped on to stay afloat was the great management of their company’s supply chain logistics model. After all, in a mostly online shopping world, having a better supply chain and shipment logistics became more important than ever before. Here are some sensible ways you can begin adapting your supply chain and shipment logistics management today for a more efficient tomorrow.
Think Diversity, Even in Logistics
As we have all seen from this pandemic, cross-country and global supply chains must become much more flexible in the coming years. Of course, this means that shipping logistics must also become diversified. If you only use one air service, for example, as your only source of shipment, perhaps consider adding ground shipment via a trucking service for the closest domestic orders. This will allow customers to have different options when it comes to shipment, which is very important to some people. This also applies to suppliers as well. Try out many different types of suppliers of the same product, and you may be able to come up with better ideas and more refined logistics.
Try Automation and Analytical Focuses
It would be great if, as soon as something was ordered, a robot found the item in stock, packaged up the box, and flew it to the customer’s destination. However, we aren’t quite to that level yet in terms of logistics. However, there is a number of logistics software out there that are equipped with AI to make shipping much easier, even though all shipping channels like boats or air travel. Analytics also allows for better feedback loops and helps to identify potential problem areas in logistics. These small investments over time will save you time and money.
Increase Lead Times
A staple rule for logistics management for many years is to extend the lead times as much as possible. However, it can seem redundant, since the world nowadays seems to run so quickly and on impulse, making a sound decision when it comes to suppliers and clients can really make a difference in public relations, loyalty, and quality of product and delivery service.
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