There is a paradigm shift in the global supply chain world as you read this. Logistics professionals are examining every node in their supply chain to reconstruct the top-to-bottom structure of their operations. To increase efficiency without letting it eat away working capital at a time where warehousing prices are on the rise.
If you look at how it got here in the first place, there are two major reasons:
Firstly, Covid-19 exposed flaws in supply chain functions as E-Commerce scaled up. It brought to light inefficiencies in conventional retail warehousing set-ups which were slowing down global end-to-end logistics.
Secondly, demand patterns do not confirm to historic trends. Customers today expect more from brands than before. And with competition on their toes to cater to it with varied product options across sales channels, there’s a vital need to keep up.
That said, if there’s one thing that can help address the above concerns and build supply chain resilience in the face of a fluctuating trade landscape, it is a flexible warehousing and distribution solution.
Read our whitepaper Why is greater flexibility in warehouse and distribution operations so critical to omnichannel supply chain performance and get opinion, insights, and findings that can take your business to the next level.