Supply Chain Trends to Look Out For

The progression of supply chain and logistics in global trade is ever evolving and thus, it is important to say on top of the supply chain trends that keep evolving, especially those that would affect your business model.

Smart Warehouses

The norm of warehouses is that at least 10% of the market deals with pallet shipping and of course pallets, whereas nearly 70% also facilitate small shipments, complete loads, split shipments and groupage services.  However, with added labours costs and developments in channels and not to mention the growth in access and automate solutions, the means of which distributions centres and supply chain trends are developing and evolving too.

The need for better warehouse management systems are being requested so that the smooth running of manual and automated processes can co-exist efficiently. Having said that, with these supply chain trends, you can expect that warehousing management will be more complex as freight forwarders in Australia and the world will be expected to do their part for the partnered customers.

Distribution Nodes/Redistribution Centres

One of the most anticipated supply chain trends, it is highly applicable to those in the ecommerce trade whereby smaller storage or distribution centres will move closer to such business to make use of economies of scale, faster service levels, lower pricing models, and not to mention improved tracking. Online shopping drives the need for ecommerce logistics and improved strategies and models.

BlockChain

Having said that, contact logistics can at times be tricky waters to navigate often with banks and lawyers becoming involved due to issues with payments.

There are also concerns with traceability which will need to be improved on. Especially in the case of returns/defects. Furthermore, there is a great need for direct communication between suppliers, retailers, and customers in order to reduce issues. The answer to this may well be BlockChain Supply Management as the solution provider to aid in multiple aspects of Supply Chain Management.  With these supply chain trends in light, you are able to make necessary changes to your processes to adapt and evolve with global trade evolution.

 

 

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