There is no longer any debate regarding the far-reaching, and disruptive impact that e-commerce has had on retail business models, and the supply chains that support them. As traditional retailers attempt to retain market share by introducing companion e-commerce sites, the approach adopted when doing so can ultimately have a marked impact on the success of such venture down the road.
The Oxford Dictionary defines excellence as the quality of being outstanding or extremely good, and John W. Gardner said: “Excellence is doing ordinary things extraordinarily well”. When it comes to supply chain, excellence is an ideal most organisations strive for, but within the supply chain world, the definition of excellence is harder to express. On a very simple level – supply chain excellence is encapsulated in the oft-repeated phrase – “delivering the right product, in the right quantity, to the right people, at the right place, at the right cost, every time”. While this phrase rolls off the tongue quite easily, achieving this utopia of supply chain performance is slightly more difficult.
At Barloworld Logistics, sustainability is more than a buzzword. It’s a vibrant, vital reality. It’s a statement about what the world needs and wants right now – to be conscious, consistent and conscientious in everything we do. Earth Hour 2018 is to be commemorated in a few days, highlighting once again the need for every industry, organisation and individual to be mindful of the footprint we leave behind. This year the South African Earth campaign focuses on food, energy and waste urging organisations to examine their relevance in preserving food security, minimising energy usage and limiting the amount of waste that ends in landfill
Basic to the human condition, and indeed fundamental to our existence is the food that we eat, and arguably, our access to health care. Imperative to the successful supply of these two categories of product is a well-managed temperature controlled supply chain. In simple terms, the ability to move and store products at a temperature that retains their intrinsic quality is vital to the continued provision of such to consumers throughout the world.
Setting up a new warehouse seems relatively straightforward. Average stock holding equates to a specific square meterage, perhaps increased to accommodate for peak demand, and a location in proximity to your head office – simple! There is no doubt that this type of matchbox calculation touches on essential aspects of a warehouse such as space and location, but there are many more factors to consider. A fundamental question to ask when considering a new warehouse space is not how much cost can my business save per square meter, but instead, how can our inventory be stored and distributed most efficiently to meet your client expectations and demands.