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Riding on the wave of digital transformation, companies can employ logistics management software for simplifying logistics and supply chain cycle, improving efficiency, quick decision making, cost optimisation and on the top have more and more satisfied customers. <br><br>https://shipox.com/<br>
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Management Inventory management is one of the very crucialpart of supply chain which includes storage, labelling, packaging, and processing of the inventory. It is alsovery important to always be updated about the status of inventory so that it can be replenished as and when required. Allthese things need to be doneseamlessly as a small human error cancost you a fortune. 1. StrengthenedInventory
2 . Intuitive DataCollection andAnalysis Datamanagement while using heterogeneous data sourcescan be a cumbersome task. Also, it is a challenging job to analyse the data and come up with an apt solutionwhile using multiple systems. Original dataloses its integrity as and when itis transferred from one system toanother.
3 . SeamlessTransportation Success ofthe logistics and supply chain strategy lies inthe management ofthe transportation. If you fail to deliver products to warehouse or end-userwithin promised time and in a seamless way,you run the risk of incompleteorders. This in turn will showcase a sharp fallin order fulfilment rate and youwill lose your market share to yourcompetitors.
4 . AI And Blockchain- LeveragingEmerging Technologies The inclusion of constantly advancing and emerging technologies likeBlockchain, Machine Learning (ML), and Artificial Intelligence (AI) is another significant trend in logistics and supplychain. According to a study, the global Blockchain technology market has showna sharp rise of around 83 percentin logistics in2019.