Supply chain management crucial during the holiday season
December 6 2013
It's the holiday season, and businesses around the world are feeling the pressure to get products off the shelf and into the hands of consumers. Any delay in the shipping process can have major negative consequences that are difficult to come back from. Aside from losing revenue, businesses would also deal with the blow to their reputation, even if a third party logistics company is responsible.
A recent article from Search Manufacturing ERP covered a recent study from Capgemini that examined several hurdles that supply chain managers are facing during this time of year. The piece features an interview with Kavitha Krishnarao, the firm's director of supply chain services.
According to the responses from 150 supply chain managers, 83 percent of managers believe adequately preparing for the holiday rush is key. However, only 21 percent believe the current technology solutions are able to provide the real-time information that many organization require. To make matters worse, many managers are not fully aware of the problem.
"Despite the fact that supply chain issues can really be a make or break thing from a profitability standpoint during the holiday season, there's always a good number of senior executives in client organizations that are not paying adequate attention to these issues," Krishnarao said.
By partnering with an experienced third party logistics and supply chain service, any organization can make sure all shipments are handled responsibly and with a technology system that can help with tracking during every step of the delivery process.