Supply Chain 4.0 – The Next-Generation Digital Supply Chain

Evolution of Supply Chain Management

The field of supply chain management has always been a complex orchestration of various components, all working together to efficiently deliver products to the end customer. Historically, the primary objective of supply chain management was aligning the supply of goods and services with consumer demand. The approach was straightforward: procure raw materials, guide them through value-added stages, and ultimately deliver the finished products to customers.

Those days are long gone, as supply chains have evolved beyond national borders in recent decades, forming an intricate global web. Thanks to decreasing trade barriers and increased global integration, supply chains have gained the ability to deliver a wide array of products to consumers across the globe.

However, recent times have exposed the fragility of these expansive supply chains. Events like the far-reaching impacts of the Covid-19 pandemic, geopolitical tensions, and conflicts such as the war in Ukraine and war in Gaza have profoundly shaken the very foundations of supply chains. Furthermore, the looming threat of climate change and other global societal challenges have added another layer of complexity, creating an unprecedented challenge for companies. We can all recall the bottlenecks, widespread shortages, and even the sight of unfinished vehicles parked due to semiconductor shortages.

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Logistics Outsourcing: A Path to Business Transformation

Introduction

Companies face various challenges in today's rapidly evolving business landscape, from fluctuating demand to global disruptions. Many businesses are turning to logistics outsourcing to navigate these complexities and maintain profitability. This article explores the strategic aspects of outsourcing logistics, helping you determine if it's the right choice for your organization, how to select the right partner, and how to unlock the true value beyond cost reduction.

Why Do Companies Outsource?

Outsourcing was once merely a cost-cutting strategy for peripheral functions like IT and payroll. However, in the '90s, a transformation occurred as companies recognized the potential to outsource more strategic functions such as manufacturing, logistics, and product design. Outsourcing evolved into a critical management tool, allowing companies to focus on their core competencies.

Strategic outsourcing can help companies gain a competitive edge, reposition themselves in the marketplace, and even reshape industry dynamics. By leveraging the expertise of outsourcing partners, businesses can free up resources to focus on higher-value activities.

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Logicare unveils ‘LogiNext’ for professional last-mile delivery service for Sri Lankan retailers

Logicare Private Limited, leading logistics solutions provider, announces the launch of its new service, LogiNext, a last mile delivery platform that is now available to retailers to enhance their online shopping experience for customers. Last-mile delivery service enables retailers to enjoy a delivery service that will call the customer, pick up and deliver the product without the need to have their own delivery partner. LogiNext assists online merchants to manage and grow their businesses while offering integrated logistics solutions ranging from order fulfillment, last-mile delivery to return management. Global e-commerce sales have seen a steady growth over the past few years and spiked in 2020 due to the stay-at-home orders and concerns over exposure to COVID-19 prevented shoppers from visiting retail locations. Consequently, e-commerce sales are expected to grow despite the full recommencement of brick-and-mortar operators as majority of consumers will reportedly stick to online shopping even after the COVID-19 pandemic is over. LogiNext hopes to leverage on this growing trend. Having already partnered with some of the fast-growing e-commerce retailers who are looking to increase customer satisfaction through order accuracy and speed of delivery, LogiNext’s vision is to become the leader in the e-commerce order fulfillment and last-mile delivery in Sri Lanka. The company is backed by Logicare’s expertise in Warehousing, Transportation, Value Added Services, On-Site Management, Order fulfillment & Last-mile delivery for ecommerce, Yard Storage and Supply Chain Consultancy services.

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Technologically driven Logicare set to lead the way in resilient supply chain solutions

The economic turmoil that occurred due to the outbreak of COVID-19, and its after-effects have exposed many vulnerabilities in supply chains and raised doubts about resilience. Business leaders have started to use this crisis to take a fresh look at their supply chain networks and logistics partners, take steps to understand their vulnerabilities, and then take actions to improve resilience. Similar to most industries, the Logistics industry too currently confronting an immense change, which creates both risks and opportunities. Although the core needs of most customers have changed very little, customer expectations are increasing significantly. Therefore, businesses have to move their goods faster, more flexibly, and with more transparency at a lower cost. As a result, the logistics companies under severe pressure to deliver better service at a lower price.

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Top benefits of hiring our trucking service

Moving freight is a tough task that needs experience and expertise, because there is a lot at stack. Only the deliverables are not at stack here, but the commitment and trust. And, any mishap here can lead to the company having a bad market reputation, and would certainly impact the customer satisfaction it provides negatively.

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Logistic service providers would understand your business

Lowering costs and outsourcing logistics would lead to lowering the overhead costs associated with maintaining a fleet of carriers, manpower on company’s payroll, warehousing maintenance and related taxes, processing charges, equipment costs, cross docking expenses, and so on. With such load taken off the shoulder of the company, it can focus on other important aspects of the business and provide better products and services to end users.

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We are experienced and expert in the business of logistics

We have the latest fleet of advanced green carriers that provides high fuel efficiency, expert and licensed team of drivers, expert team of technicians and logistic support team, and so on. Our trucking service ensures you best quality services at all times, and our customer support is second to none, ensuring you stay updated with the entire process.

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Moving freight is a tough task that needs experience and expertise

While, many companies choose to have its own fleet of trucks for moving freight and load, it can prove to be expensive as a whole for the company. This is because buying a fleet of trucks, maintaining it, hiring numerous staff for its smooth operation, having technicians available round the clock, getting approval and licenses, designing logistic routes, maintaining smooth process, meeting deadlines, and so on, can not only increase the operational costs of the company, but can also prove to be a burden in the long run.

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Our experts will consult with you

We do not only provide customized storage solutions that aligns with your business, but also provide a range of other warehousing services, which includes fulfilment, returns management, packaging, specialty wrapping, transportation, logistic support, customized logistic process, supply chain management, distribution, inventory control, door-to-door transport, pick and pack operations, cross dock distribution, labelling, temperature controlled storage solutions, food grade facilities, and so on.

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