Tag: inventory management
How the Three M’s Can Help You Cut Down on Supply Chain Cost
As the global supply chain settles into the COVID19 technology driven and customer-centric decade, there’s no time to pause and reflect on what has happened. Now, more than ever is a time for action. You need to pick up the pace and ensure that your processes are leaner, faster, and you are equipped to meet [...]
A Step-by-Step Guide to Doing an Internal Audit of Your Supply Chain
A Step-by-Step Guide to Doing an Internal Audit of Your Supply ChainShow SubmenuResources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - June 10, 2020 While all facets of the modern business are important, arguably the most important to any retail, manufacturing, or goods based service is their supply chain. The supply [...]
The State of Your Supply Chain Affects the Level of Your Inventory
Inventory is the core of any business. The right inventory, at the right time, at the right point in the supply chain is crucial for the success of the business. For example, the shortage of raw material at the factory will affect production. If warehouses are not replenished on time, distribution will be derailed. If [...]
Connected Logistics is the Future of Global Trade
According to reports, the connected logistics market is set to grow at a CAGR of 30-35 percent by the year 2021. In the next 2 to 3 years, analysts predict the connected logistics industry to be worth USD 40 – 50 Billion. It is expected to change the entire landscape of the global supply chain. […]