If there’s anything that COVID-19 taught us it’s that you can never underestimate proper planning. Your business needs proper logistics management planning to ensure that the supply chain is ongoing throughout the year, especially when it comes to the holiday season shopping.
The best time to start your logistics planning is as soon as possible. That is because you have to figure out what works for your company, with the large surge. You have to figure out if whatever you used before still works and if it there are changes that you might need to make to have a steady supply of products to carry you through the holiday shopping season.
To make these changes and improvements, there are some parts of your business planning you need to work on. These are some of the things you can look for:
Assess Your Previous Planning
Industry norms and standards are constantly changing. With the pandemic, we now know that businesses have to be more flexible when it comes to the supply chain. The original knowledge you might have, or what you always used might need to change to incorporate that flexibility.
You will need a proactive approach. Look to the trends and competitive businesses to see if there is something in your practices that might be hindering your scalability or flexibility. Rigidity and the old methods that you normally used for planning might not be as helpful now, especially after the pandemic.
Review the changes that COVID-19 brought to your operations, see the impact made, and decide on the changes and potential weak points that can hurt your business. Address the challenges and add flexibility to your supply chains to put yourself in a better competitive position that will influence future changes and challenges that come up.
Focus on Technology
From 2020 onwards, most supply chains turn to technology. You can see this from trends like two-day shipping demands and e-Commerce. Technology is now impacting logistics planning and it is a great time for you to jump on it. You should try to find the perfect blend of technological and old-time practices to fit your budget. Some companies blend ocean freight shipping and ocean freight forwarding with technological practices to monitor transport. This brings in a balance of the new and the old for best practices.
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