Supply chain and logistics is an important aspect of the manufacturing process. How we get a product made to it consumers, reaching from point A to point B. Today we are going to diving in by giving you an A-Z guide on supply chain and logistics and how the whole intricate process works. In this article, we’re going to see what the process is all about, what in entails and the benefits of this. Where would your shipped item from eBay go without it? Where would your package of The Office DVD from JB-HIFI go without it? So many items would not reach its customers without a detailed plan for execution. Let’s take a look at the whole process!
What is supply chain and logistics?
There are many steps that come with the supply chain and logistics process. This process is the management and organisation behind handling goods, getting a product to be created, and to the consumer. It involves, transportation, shipping, importing/exporting, inventory, production, and customer service making it a whole intricate series of steps. Supply chain and logistics is a highly important aspect of the process to make sure the goods move along to its desired destination. In this case, it guarantees products will move quickly and efficiently, making them readily available to the public. Without it, you wouldn’t get your packages straight on time.
What are the benefits of supply chain and logistics?
Increased productivity levels
The process of getting a product to be manufactured and delivered to the consumer has been getting quicker and quicker. With the existence of online retailers such as Amazon, their exceedingly fast shipping rates have made consumers demand a quicker process of getting a production made and shipped to their door. Supply chain and logistics allows this to be possible, making sure products are shipped at a quicker rate and at a lower and affordable price. By overlooking and overseeing the whole process, allowed the work to be done at a faster rate making sure products are at each point of the process when it has been planned to. Due to the reliance on technology and automation, the process has become a lot quicker decreasing the amount of overhead costs and making sure products get to warehouse, suppliers and consumers. The planning involved has made products being sent much more easier. Trade has never been this fast!
With this increase of technology, has further improved the communication between many departments in the process, allowing the workflow to be smoother. This allows the workers to focus on what’s the next step in the process and how to get there, achieving that in little to no time at all. The supply chain and logistics process is based on checking of a to-do list that must be done in a timely manner to send to the end-user by the expected date. Technology has allowed workers to easily do that, making sure that there are no errors or gaps in the whole process, so that every product gets to the consumer swiftly and right in an instant. Social media has allowed commentary between the maker and the consumer, giving suggestions on the supply chain and logistics strategy, further improving their work. Software systems also make everything automated, making things such as purchase request be done within a click of a button rather than the days it took to do that prior to the Internet.
Supply chain and logistics work to make sure each and every product is delivered right as it was planned. It’s all about the right place right time when it comes all the steps in the process. The rise of technology has led us to an amazing point where the trade of goods have never been this good before!