The retail leaders around the world continue to disrupt established business models, supply chain velocity is increasingly crucial. The B2B companies expect more speed, responsiveness, automation, and better customer service.
Right from Planning to delivery, companies follows various strategies to meet the demand. Let us have a look on what could be made in order to make your company’s supply chain run faster.
- Easy and immediate delivery
- Expand the coverage with the help of partnership
- For Better planning employ data
- Invest in visibility
- Rely on IOT also
- Have a Predictive analysis
- Move to Machine Learning
- Have a warehouse automation
- Expand capacity
- Adapt Digital technology for last mile delivery
- Collaborate with local couriers
- Have a Network to find the capacity
Ref:http://www.inboundlogistics.com/cms/article/12-ways-to-increase-supply-chain-velocity/