OTIF compliance is a performance metric that measures how well a supplier delivers orders. On-time refers to meeting the agreed-upon delivery window, while in-full means delivering the exact quantity and type of products ordered, with no missing or incorrect items. OTIF compliance is critical in modern supply chains for several reasons. Reliable on-time deliveries ensure…
The logistics industry is experiencing significant changes due to the growing influence of Artificial Intelligence (AI). Once considered futuristic, AI is now a vital tool for businesses aiming to optimize their supply chains and stay competitive. Consequently, the future of logistics is closely connected to the advancements in AI technology. Given that AI has made…
Juggling quotes, tracking packages, and praying for on-time deliveries, the shipping struggle is real. We get it. Spreadsheets can turn into tangled webs, and chasing down carrier rates feels like an endless game of whack-a-mole. But what if there was a way to streamline your shipping process, slash costs, and gain real-time visibility into your…
Drayage, the movement of freight containers over short distances, is a crucial yet complex link in the global supply chain. Traditionally, managing drayage operations involved a lot of manual work, leading to inefficiencies and delays. This is where Drayage Transportation Management Systems (Drayage TMS) come in. Drayage TMS are software solutions designed specifically for the…
Lean manufacturing, a philosophy aimed at eliminating waste and maximizing value in production, extends its impact significantly when applied to the supply chain. This approach, lean manufacturing in supply chain focuses on streamlining operations across the entire chain, from raw materials to customer delivery. With this elimination of waste at every stage, lean principles enable…
Big data has heralded a new era where today’s leading organisations are basing their decisions, not on guesswork, but concrete information. Data-driven supply chain management and automated analytics have become imperative to staying relevant amid our fast-moving times. From the point your goods are manufactured to the point they are delivered to your consignee, your…