The success stories of today, in the context of the supply chain, are the ones that are backed by rigorous and coherent planning. Production planning, which is central to the manufacturing exercise, defines the utilization of resources for meeting sales targets within the limiting constraints of the supply and production environment. The plan should set achievable production targets, specify resource allocation for the complete product portfolio for the planning period, and direct the flow of energy, labour, and costs to meet the same. If planning is optimal and efficient, it is intrinsic to ensuring greater profit and service levels in […]
The pressures of globalization are not just experienced for the supply, production, and logistics segments of the supply chain but also packaging. The way these products are produced, assembled, and brought to the market has implications on their marketability and the customer buying decision. However, many businesses have made it a part of their supply chain strategy, however there are others who are trying to catch up. But lately, with the emergence of a global conscience on sustainability and a focus on process optimization, greater interest has developed in this dimension.
The Dimensions of Packaging Planning
An analysis of packaging systems including […]
Efficiency is the foundation stone of a successful business. The upstream and downstream effects of errors and inefficiencies propagate through the supply chain in increasingly uncertain and equivocal ways that create weak links throughout the chain. Every day, immense human effort and initiatives are directed towards managing the entropy of the supply chain lest errors go unaddressed. Planning, which is a centre point of supply chain management and is at the forefront of supply chain activities, requires consistent improvement and adherence to efficiency and accuracy standards. One such planning dimension is that of dispatch.
It is essential to accurately plan how […]
Supply chain competitiveness is rarely seen from the lens of productivity. Often, the perspective is replaced with that of profitability – of cost margins and savings. Yet, attitudes towards productivity are changing. Studies suggest that for many businesses, improving the productivity of systems, processes, and the workforce has emerged as a critical target. To understand why this is so, it is necessary to understand the implications of productivity for the supply chain.
Productivity essentially is a ratio of the output to the input. In supply chain terms, the productivity of an organization can be high if it produces more units of […]
The path to continuous improvement for the manufacturing industry today is fraught with challenges. As businesses grow and strive for a greater global presence, variabilities and supply chain complexities rise. The impact of this is often experienced in terms of burgeoning costs. Variable market demand leads to greater juggling of capacity and firefighting approaches to fulfil orders – increase in overtime leads to added costs; over-utilization of machinery and energy leads to greater downtime, and material deficiencies are managed with last-minutes supplier orders. All of these contribute to a high manufacturing cost overhead. Yet, efficiency is critical to the health […]
Every supply chain in the world sees an immense incentive in pushing their stock for faster distribution. The expectation for shorter lead times is compounded with an expectation for reduced operational costs and high efficiencies. This implies the smooth fulfilment of orders, handling of damaged goods, cancellations, and returns without causing excessive delays and costs.
For businesses, the model of dispatch differs relative to order volumes. Orders may be dispatched in bulk to a network of dealers, distributors, or retailers on receipt of order requests, or in smaller quantities directly to customers. Irrespective of the nature of the operation, each business […]
Warehousing for the cosmetic industry has its unique set of challenges. These are high value, temperature-sensitive products with high SKU depth and are prone to damages during transportation. Batch and expiry control are crucial to ensure that the products have enough shelf life when it reaches the stores or to the end customer.
Cosmetics products need to be stored in dust free and clean environment to make sure that the appearance of products is intact, and the gloss and freshness of product remain until they reach the end-user. A trusted 3PL partner should understand the intricacies of the cosmetic industry and […]
The Indian logistics industry is highly fragmented and unorganised. However, the prevailing situation has left the logistics industry in disarray because of the nationwide lockdown on account of COVID-2019.
As a logistics solution provider, we are conditioned to be innovative and flexible in a face of frequent and continuous operational disruptions we face on day-to-day such as changing policies, closures, congestions, and weather-related interruptions. However, nothing prepares you for a high impact and low probability situations such as the current outbreak of COVID-2019.
The prevailing lockdown has placed severe operational constraints on logistics operations such as the availability of manpower, transportation, warehouse […]
It may seem easier to monitor & manage the inventory from a single fulfilment centre however it may not be a great strategy for a business that wants to expand the consumer base across the geographies.
Storing inventory at a single location can create many risks for the business especially in a crisis like COVID19 which had a huge impact on the supply chains.
For a business, it will be challenging to re-start the operation during the crisis, if they have stored the inventory at a couple of locations. This further means an extended impact on sales or losing an opportunity to […]
Strategies that you can adopt during and immediately after COVID2019
The spread of the new coronavirus, COVID-19, is being felt globally across operations in ways which are very difficult to model and assess right now. As the immediate toll on human health from the spread of coronavirus mounts, the economic effects of the crisis and the livelihoods at stake are coming into sharp focus.
With lockdowns and no sale scenario, the cash flows have been affected. Lot of the affected regions are at the centre of global supply chains. How long the situation will prevail no one has a definitive view. With […]
The Latest Digital Trends Shaping the Future of Delivery & Logistics
Digital transformation has dramatically increased efficiency throughout the day-to-day operations of countless industries. Repetitive tasks can be automated, information can be shared very rapidly, and workers can get things done at any time (and from almost anywhere). The Indian economy has done an excellent job of taking advantage in recent years, using digitization to make significant strides in the World Bank’s Ease of Doing Business Index — and being the only big economy to feature in the 10 most improved over the last 2 years.
Even so, there’s still so much […]