How Renting Vans for Long Term Improves Supply Chain!

Renting vans and vehicles for long-term use is a growing trend among companies that need to keep up with increased demand.

These businesses are saving money by leasing their vehicles instead of buying them, and they’re also enjoying improved supply chain management due to their increased mobility and flexibility. But what does this look like on the ground?

If you haven’t already considered renting vans for your business, here are a few ways to benefit your supply chain management efforts.

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How to Optimize Material Handling!

One of the priorities of distribution and manufacturing firms is to regulate costs, especially since they operate with slim margins. This explains why such industries spend a significant time enhancing programs that emphasize advancing operational productivity. However, part of this is to manage and optimize material handling.

Material handling can affect the company’s operation, from forecasting, production, and after-sales to support. And due to the complexity of material handling and its effects on the operating margins, it’s essential for business owners and managers to understand how it works and learn ways to manage it efficiently. 

In this article, we’ll outline tips for optimizing material handling throughout the supply chain.

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7 Essential Attributes of Strategic Supplier Partnerships!

Though the phrase partnership is often used, what really constitutes a strategic supplier partnership?

In a previous article about supplier management, I suggested that the more a supplier tells you that they are strategic, the less they really are. Strategic is a term that is often overused. Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent.

The notion of partnerships is equally ubiquitous and similarly both mis- and over-used. This article will identify a taxonomy for a strategic partnership between two parties.

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Warehouse Fulfillment – Move Material to the People, Not Vice Versa!

“Here Come The Bots!”

Wow!  This was the headline caption on the presentation I was about to see.  I had just joined the company.  I had just spent the last few years in Retail.  I had done a lot of research on how to improve efficiencies and productivity in Online/E-Commerce Fulfillment Distribution Centres.  And I had lived through the agonizing process and resource challenges of fulfilling E-Commerce orders during the Holiday season, which is far and away the busiest time of the year in Retail.

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Top 10 Logistics Companies in India!

Flawless logistics can really be the secret ingredient to the recipe for a successful business. And for a business expanding to a country like India – which is the hub of trade (and ever-increasing consumers) working without a solid logistics partner can land your business in a risky position. 

The logistics industry is big in India. According to a report, in the year 2021, the logistics industry in India was valued at 250 billion US dollars! The industry is expected to grow at a rate of 10-12% annually. In fact, experts predict that by 2025, the industry will be 380 billion US dollars.

This huge figure indicates that there must be a number of companies contributing to the growth of the industry. And well, it is true!

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Tesla Supply Chain Issues and Lessons!

Tesla’s relentless research and development produce innovative solutions powered by cutting-edge technology. Tesla is a perfect role model for using advanced automotive technologies that further enhance modern vehicles’ efficiency and safety.

Automobile makers, including Tesla, utilize automation, machine learning, artificial intelligence, and other technologies when designing vehicles, including innovative accessory feature comparisons such as flow formed wheels vs forged

While Tesla’s milestones in automotive manufacturing are impressive, the company also faces a fair share of issues, including supply chain management.

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Blockchain and Information Governance! (Infographic)

Consider any company that procures goods and services from a vendor. There are numerous processes involving several departments which have to draft different records – purchase orders, term sheets, statements of work, incremental revisions, etc. These records are crucial for resolving any disputes, including Blockchain information governance.

Now, imagine there was a disagreement and forged documents were presented. It would be a long, tedious, and most probably costly process before parties get to the bottom of the issue. That’s why we need information management and corporate governance, which main task would be to keep track of all documents.

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5 Essential Tips for Choosing the Right Relocation Company!

Finding the right relocation company is crucial to ensure a smooth and hassle-free experience when moving to a new home or office. The process of moving can be overwhelming, with countless tasks and decisions to make. 

From packing and transporting your belongings to navigating the logistics of the move, the expertise and reliability of a professional relocation company can make all the difference.

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Discover the Power of AI: The Cutting Edge Technology Revolutionizing Fleet Efficiency!

In the fast-paced realm of modern fleet management, a silent force is reshaping the landscape. Propelling businesses toward uncharted realms of efficiency and prosperity. 

Imagine a future where every vehicle, every route, and every decision become synchronized ballets of perfection! orchestrated by the enigmatic conductor called Artificial Intelligence (AI).

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4 Steps for Establishing Healthy 3PL Relationships!

The key to establishing healthy 3PL relationships starts with quality of the information that is provided at the time the request for a proposal (RFP) is submitted.

If you ask any 3PL service provider you will find that the lack of quality information provided in RFPs is one of their greatest frustrations.

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A Comprehensive Warehouse Safety Guide!

When it comes to the state of working in America, warehouses have seen a huge increase of workers with over 1,000,000 total since the start of 2018. With this trend looking to continue into the next couple of years, it’s time to examine the state of the industry, especially when it comes to safety with all of these new employees entering the field.

Warehouses, often full of moving machinery carrying heavy loads, are inherently one of the most dangerous places to work. If you’re a warehouse manager, failing to control these risks can lead to high employee turnover, decreased productivity, legal issues, and, at worst, injury or fatality.

In most case scenarios, the law requires companies to train their workers for a CPR certificate to improve workplace safety practices.

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Make Freight Sourcing More Efficient!

The Freight sourcing team and procurement are critical components of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right.

In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements.

These are the must-haves for any effective freight sourcing team.

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Getting the Education and Experience to Land a Job in Supply Chain!

The supply chain and logistics fields are among the fastest growing career fields. There are hundreds of different positions and career paths open to qualified candidates. It can be thrilling to work towards becoming a part of a fast-paced industry that is experiencing rapid growth, but you also need to be prepared with education and experience

It’s important to know how to prepare yourself for entering this specific sector. If you don’t prepare well and thoroughly, it will be nearly impossible to gain a worthwhile position. Not to mention preparation can provide you with invaluable learning education and experience that can help you maintain your footing once you are a working professional. 

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The Baby Supply Chain!

We have a newborn Grandson!  A beautiful baby boy!

Aside from being a parent there is no better feeling than being a Grandparent!

A whole new world of joy and responsibility has begun for my son and his girlfriend.  It is such an exciting time but their routine will be completely turned upside down as new parents.

They will have to figure out so many things that they never had to deal with before.  Parents immediately  have to care for their child in every way.

They have also just entered the world of the Baby Supply Chain!

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Featuring Our 10 Best Warehouse Order Fulfillment Articles!

Our latest “Featuring” series article covers the topic of Warehouse and Distribution Centre order fulfillment. With the exponential growth of E-Commerce and online shopping the backbone of activity that makes it all happen is order fulfillment.

Every time you place an online order someone somewhere is picking up those items and placing them in a box for delivery to you. Given that hundreds of millions of people are doing the same thing at the same time it is imperative that companies have the most efficient fulfillment process possible, whether they do this work themselves or outsource it.

We have had the opportunity to lead the implementation of some world class fulfillment processes, even surpassing the speed of Amazon. So take some time and check out our very best Warehouse and Distribution Centre fulfillment articles!

Enjoy!

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