When it comes to high value goods, it’s often the complete purchasing experience that provides value to your customers and your brand. Whether they’re shopping for the latest high-tech device or coveting a designer handbag, they will pay a premium for quality and expect a service worthy of the price. Therefore, when the latest trends come around your customers will want to receive their purchases in perfect condition and as fast as possible.
Creating an energy-efficient supply chain is only possible if you understand its overall carbon footprint. Certainly, there are huge opportunities within the industrial supply chain for reductions in CO2 emissions – particularly on the ‘Final Mile’ - to meet stringent regulations and streamline costs. A 3PL or 4PL partner who is committed to researching and developing green innovation is best placed to find long-term solutions across the entire supply chain. Recent research into smart tracking and accurate reporting undertaken by Yusen clearly indicates that it is possible to improve the sustainability of supply chain solutions of any complexity.
Topics: Pharmaceutical Industry, Supply Chain Management, Supply Chain Solutions, 4PL, CO2 Emissions, Supply Chain Innovation, Cold Chain Logistics, 3PL, Shipment Visibility, Cost-effective Logistics, Customer-centric Logistics
Transparency is key if you’re looking for a 3PL partner that strives to hone their customer-centric logistics. From factory floor to end destination, our recent study found that having full sight of your supply chain will best serve your needs – and your customers’. Not only does a customer-centric ethos foster stronger relationships between you and your supplier, but it delivers cost-effective supply chain management and innovative solutions.
For the consumer electronics industry, in particular, trusting a 3PL partner to drive continuous improvement will help you tackle the pressures of short lead times in an increasingly competitive consumer landscape.
Topics: Supply Chain Management, Control Tower Management, Warehousing and Distribution, Added Value, Shipment Visibility, Cost-effective Logistics, Consumer Electronics, Pre-Installation, Customer-centric Logistics, Productivity
Consumer tastes can change in the blink of an eye, often leaving the shelf life of your high value consumer electronics shorter than their production cycle. The latest mobile phone, tablet, or laptop is soon superseded by a new model, with value plummeting as consumers’ interest peaks elsewhere. In such a dynamic industry, long lead times for technology products are a particular pain point as your speed to market becomes a priority.
Each shipment of consumer electronics could hold goods worth millions even billions: their loss undermining the market and badly bruising your bottom line. However, the costs of cargo theft go beyond the simple loss of product, with interruptions to the supply chain, supporting customer services, criminal investigations, and increased insurance all draining potential profit. When evaluating a 3PL partner, then, their supply chain security is crucial for the handling of high value goods whether that be the newest tablet, mobile phone or even crucial medicines and pharmaceutical products.
Topics: Pharmaceutical Industry, Control Tower Management, Real-time Solutions, Warehousing and Distribution, RFID, Griffin, GPS Tracking, Shipment Visibility, Technology Industry, Consumer Electronics, Supply Chain Security
Being able to continuously improve is becoming more and more crucial in a highly competitive supply chain management market. Arguably, nowhere does this trend become more evident than in the Pharmaceutical industry and particularly in cold chain logistics, where the standards of technical, legal and operational scopes are especially high as they directly affect human life.
Innovation has always been one of the core principles of Yusen Logistics and our research collaboration with Cardiff University in 2016 undoubtedly added value in some demanding areas of supply chain management for customer-centric logistics.
For the healthcare industry, the priority is always to get your high value, highly sensitive products delivered in the right condition. That means a temperature controlled supply chain is a must, with up-to-date technology in warehousing and transit to secure physical stability. However, as a business you also need to make sure that you’re meeting demand on time, every time.
Topics: Pharmaceutical Industry, Short Lead Times, GHPD, Control Tower Management, Warehousing and Distribution, European Superhighway, Integrated Supply Chain, Cold Chain Logistics, Temperature Controlled Supply Chain, GPS Tracking, Inventory Management, Shipment Visibility