Tag: logistics
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5 keys to master ecommerce
Ecommerce is a booming business and there are millions of people who want to participate in the sector. What sets it apart from traditional businesses is the fact that anyone can do it at home. However, there is more than meets the eye when it comes to running a successful ecommerce store. There are many…
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Reverse logistics examples in 2022
Reverse logistics is a subset of supply chain management that encompasses the entire reverse process. In retail, this typically involves the sale of used or returned goods at a discount and their subsequent resale. Reverse logistics also takes into account the packaging, shipping and storage of returned products until they can be resold or recycled.…
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How to optimize the safety stock?
Safety stock is an important part of the business, but it also requires costs. A good alert system is necessary to minimize stock loss and avoid losses when inventory is below the optimal level. Efficiency allows us to evaluate cost reduction opportunities and optimize our safety investment by maximizing ROI. Safety stock is important, but…
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Raw material inventory: what does it refer to?
We know that raw material is the set of elements, inputs or basic and indispensable materials required by the company for its transformation, so that we can obtain a finished product from it. That is to say, the raw material inventory is the basic food in the productive process of the elaboration of a final…
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Logistics and the importance of inventory control
What is an inventory? We know that an inventory is a specifically organized and detailed, ordered and valued list of the elements that make up the assets of a company. Now the main objective of inventory control is to guarantee the availability of a product required by a customer when and how the customer needs…
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5 examples of the global supply chain
We will try to define what a global supply chain is, also called a global supply chain. Global supply chains are varied, dynamic and complex organizational structures that are constantly evolving in order to adapt to the requirements of the global market. They are also described as global production networks or global value chain. Consequently,…
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Raw materials in 2022
We begin by defining raw materials as materials that we obtain directly from nature, i.e., natural resources that are useful and valuable to man. Raw materials can be of the following origin: animal (wool, silk, fur), vegetable (plants, seeds, wood), mineral (sand, marble, iron) and fossil (natural gas, oil, coal). Raw materials are all those…
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3 benefits of Logistics Management
By definition, logistics is a set of methods and procedures necessary and designed to achieve the organization of a company, in order to carry out its goals or objectives. We can say that logistics management is a fundamental part to achieve efficiency in the supply of products or merchandise, from its point of origin or…