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Just in Case: When Not Everything Is Just in Time
For decades, efficiency has been one of the great organizing principles of modern logistics. Businesses have learned to reduce unnecessary inventory, shorten lead times, optimize warehouse space, streamline transportation, and synchronize purchasing with actual demand. The philosophy is compelling. Why store ten thousand units when only two thousand are expected to sell? Why occupy valuable warehouse space with products that may remain untouched for months? Why tie up capital in inventory when suppliers can replenish stock precisely when it is needed? This thinking gave rise to the celebrated just-in-time approach. But supply chains do not operate in a vacuum. Disruptions happen. Suppliers experience shortages. Ports become congested. Weather interferes with…
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Challenges for national transport companies in Spain
We are already fully into 2019. And, as always, the beginning of the year has been filled with wish lists. Purposes and commitments to motivate us for the upcoming course. In our case, as our passion is logistics, our thoughts for 2019 are focused on the challenges and pending tasks that national transport companies have ahead of them. Challenges of national transport companies Coping with technological disruption In recent times, the business world in general, and logistics in particular, has been practically overwhelmed by the simultaneous arrival of many technologies, all of them promising El Dorado to those who embrace them. We are talking about advances such as Big Data,…
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