What is Freight Management?
What is Freight Management? Freight management is the process of planning, organizing and monitoring the transportation of goods to achieve efficiency and cost-effectiveness. A good freight management system picks carriers, tracks shipments, and handles paperwork. Numerous companies provide solutions to streamline operations and provide timely delivery without the risk in the supply chain risk management […]
Importance of Inventory Management
Inventory management ensures the right stock levels to meet market demand, avoiding overstocking or understocking. Efficient inventory control minimizes risks, optimizes storage costs, and supports smooth supply chain operations by ensuring timely order fulfillment. Proper inventory management is critical for achieving operational efficiency and minimizing costs. It emphasizes the importance of inventory management in improving […]
India’s Largest Single Location Warehouse
India’s Biggest Warehouse Is Here: A Game-Changer! India’s largest single-location Grade A warehousing and industrial park is finally here, and it’s a big deal! Unveiled by Welspun One at JNPA Special Economic Zone, Navi Mumbai, this ₹2,700 crore marvel spans 55 acres, making it the country’s first port-based logistics ecosystem. With India’s industrial landscape demanding […]
Overview of Circular Supply Chains
What is the Circular Supply Chain? The circular supply chain involves recycling materials and manufactured goods for as long as possible, focusing on optimizing a product’s life cycle with circular practices and positively impacting the environment. This approach embodies the core circular economy principles, ensuring a transition from the traditional linear supply chain to a […]
What is Supply Chain Traceability?
What is Supply Chain Traceability? Supply Chain Traceability is the path a product journeyed from raw material through to where it eventually reached, while collecting and storing data at each stage to enhance transparency, quality and efficiency. This allows businesses to attain supply chain visibility, enhance supply chain risk management and conduct effective supply chain […]
What is Product Traceability?
What is Product Traceability? Product traceability logs details about manufacturing and supply chain. It controls the quality, lowers the recall costs and increases the production. Such a process is necessary for the effective operation of product traceability manufacturing. What is Traceability in Manufacturing? Manufacturing traceability is the act of keeping records about inspection results as […]
What is Backorder?
What is A Backorder? Backorder is the term used for an out-of-stock product that a business continues to sell and promise delivery as soon as inventory is replenished. This leaves the businesses to maintain order processing and keep customers until they are ready for the delivery. Knowing the backorder process and having the ability to […]
Digital Twin in Manufacturing
What is a Digital Twin in Manufacturing? A digital twin in manufacturing is a virtual model of a physical system developed through the use of sensor data and analytics. It simulates and predicts system performance to help manufacturers visualise and solve problems efficiently. This approach improves operational efficiency and the digital twin manufacturing paradigm is […]
What is Digital Logistics?
What is Digital Logistics? Digital Logistics is a technology that automates and digitises supply chain processes. Real time tracking, data transparency, automation and features like the above help boost operational efficiency. It enables digital transformation of order fulfilment, lowering costs and using digital solutions in logistics to create digital twins for forecasting visibility and digital […]
What is Production Lead Time?
What is Production Lead Time? Production lead time is the time it takes for a product through its manufacturing process including sourcing of materials, assembly, and delivery. Shorter lead time in production makes production meet the customer’s satisfaction by timely delivery. Product complexity and planning efficiency in production logistics are the key determinants of the […]
