The tragedy of the modern world is that while we know time flies, we seldom realize we can be the pilot too, as Michael Altshuler says. In the context of the supply chain, lead time is the silent navigator that enables efficiency. From the birth of a product idea to its final delivery, “lead time”…
The freight world often uses two standard terms: Supply Chain Management (SCM) and Logistics Management (LM). These terms are often used interchangeably, and not many people know the difference between them. Logistics management is a small portion of Supply Chain Management that combines the flow of goods, services, information, and capital right from raw material…
The history of the slave trade has the mention of a bullwhip. It was a tool for abuse and straight-line disobedience. While, since then it has been dreaded and inhumane and it is no less in the context of supply chains as well. When a whip is cracked, a small wrist movement creates a much…
They say the sky is the limit for excellence and so is the same for optimizing processes in supply chain logistics. It is ironic how the most deferred attitude of greed drives us as humankind towards excellence. So, in supply chain logistics, what more is there to optimize?Sadly, if you do not see the scope,…
In the course of rapid innovation undergoing in the supply chain management paradigm, logistics automation is the next milestone. But what exactly is it? Logistics automation refers to the strategic integration of technology, including machinery and software, to optimize various aspects of the supply chain. This encompasses everything from receiving raw materials to warehousing, order…
Can your business deftly navigate turbulent market shifts, effortlessly manage supply disruptions, and seamlessly adapt to evolving customer demands? What if we tell you that you can do this all while your competitors struggle to keep up. This is the reality that supply chain agility promises, a power that equips organizations with the flexibility and…