Category: Logistics
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Military logistics: what is it and how does it work?
Military logistics has been part of the history of mankind and has evolved to become a science of application to different processes of the Operational Forces. Many of its theories and applications have been efficiently put into practice in the business world. In this article we will talk about the logistics cycle, the principles of…
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Slotting: warehouse productivity
Slotting is the process of determining the best location of goods within the warehouse. This improves the warehouse productivity. A good slotting strategy is necessary to ensure the efficient installation of goods. For example, decreasing delivery times or more expensive warehouses mean that companies have to optimize the performance of their storage space to remain…
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3 ways a TMS can improve the Supply Chain
Having a reliable software solution nowadays for your transportation management is a must; it is a necessity. Even if many users underestimate the importance of a TMS for their business. A Transportation Management System is an irreplaceable tool that, under the pressure of the pandemic crisis, has been able to reduce the transportation spending in…
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Digital capabilities model (dcm) for supply networks
The Digital Capabilities Model (DCM) for Supply Networks has the objective to provide the supply chain a reference model to guide the development of digital supply networks. This model is designed in order to help supply chain professionals and to build digitally-enabled capabilities that are required to transform their linear supply chains into a set…
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Logistics & Configuration Management: Concept and importance
Configuration management (CM) is a process used to establish and maintain the consistency of the performance of a product. This is thanks to a engineering system that also helps to establish and maintain the functional and physical attributes of a product, its design and operational information throughout its life. This process is used with IT service…
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Becoming an owner operator trucking business: how does it work
If someone wants to start their own business in logistics, there are factors they need to keep in mind that are specific to the trucking industry. Here are five of them: Self-evaluation Before starting in the trucking industry, you have to ask yourself what are going to be your long- and short-term goals for your…
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Simplified logistics: Tracking number, shipment and parcels
In simple words, logistics is a term that generally means: management of transportation of information from place A to B. Logistics involves: inventory, packaging, supplies, transportation, tracking number, and occasionally, social security and warehousing. Why Logistics is important? The major role that logistics plays in many small businesses is the focus on their products and services…
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Dropshipping business in 2020: Profitability pros and cons
The concept of dropshipping is simple: a company has to list products on an online platform (eCommerce). The products are manufactured and held by a third party (supplier). When someone places an order to a company (seller), the third party ships it directly to the consumer. Development Many dropshippers have emerged in China, since 2006.…
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Cross docking in inventory management and supply chain
Cross docking reduces the need to store products in a warehouse. It involves less material handing and inventory delivering products from a manufacturing plant directly to customers. This can happen with little or no material handling in between. In most cases, the products in inventory that have been sent from the manufacturing plant to the…
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VMI: The benefits of the Vendor Managed Inventory
Vendor Managed Inventory (VMI) is a business model. Is a process where the vendor creates orders from information provided by their costumers. And the vendor takes full responsibility by an agreement between the customer and vendor for maintaining an inventory of the material, fill rates and costs. This arrangement can improve the supply chain performance…