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Smart Cities, to the Rescue of Logistics
Cities are becoming denser, busier, and more interconnected. Every day, millions of people move through urban areas while an equally important but less visible movement takes place alongside them: goods traveling from warehouses to stores, restaurants, offices, factories, and homes. Urban logistics is under pressure. Traffic congestion slows delivery vehicles. Limited parking makes loading and unloading difficult. Rising customer expectations demand faster deliveries. E-commerce generates more individual shipments, while cities simultaneously seek cleaner air, quieter streets, and lower emissions. At first glance, these objectives appear contradictory. Cities need more deliveries, but fewer vehicles. Customers want faster service, but authorities want less congestion. Businesses want efficiency, while residents want quieter and…
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Inventory Market: Push and Pull Systems Explained
Inventory is one of the most visible components of a supply chain, yet managing it effectively is far more intricate than simply counting products on shelves. Every unit represents capital, storage capacity, labor, and a prediction about future demand. When businesses decide how much inventory to purchase, produce, or replenish, they generally rely on one of two broad philosophies: producing or moving goods based on anticipated demand, or responding to actual demand as it occurs. This distinction is commonly expressed through the push or pull system debate. A push system attempts to anticipate what customers will need. A pull system responds to what customers actually need. Neither approach is universally…
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What is Satoshi? Advantages of a technology that has changed the way business is done
The world was hit by a radical change that affected everyone equally. It was time to stay at home and many businesses had to reinvent themselves in order to move forward. Many entrepreneurs asked themselves the same question: What is a Satoshi? They came across cryptocurrencies and the well-known Bitcoin (BTC). Conventional payment platforms are lagging behind and cryptocurrencies are gaining more and more importance. It used to be said that a business had to have a website to be able to sell. Today it has to accept cryptocurrencies in order not to perish. But what is Satoshi? While in the FIAT currency the smallest accounting form is known as a…
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Logistics and Marketing: a love story
Logistics and Marketing were born not only to understand each other, but to enhance each other. And it is that, strange as it may seem, there are still many companies that have not internalized the importance of both departments working hand in hand, in constant communication and cooperation. For those skeptics, we are going to analyze some of the key points in which Logistics and Marketing can excel if they cooperate or fail if they each work on their own. Logistics, Marketing and the ‘Four P’ Marketing schools have been teaching the concept of the Marketing Mix and the Four P’s for decades; that is, four fundamental aspects that marketing…
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The four “R” of logistics
The need to compete more and better never ends for companies or their logistics. Both need to meet the new needs of their customers and, to do so, these four principles are gaining presence, vital to adapt to current scenarios. These four “R” of logistics, proposed by Donald Waters in ‘Global Logistics’, are: Responsiveness (responsiveness), Reliability (reliability), Resilience (resistance) and Relationships (relationships). The four “R” of logistics Responsiveness (responsiveness) Companies not only have to adapt to new demands, but they have to do it faster and faster. Markets and customers change faster and faster and everything indicates that speed will continue to be a determining factor in the coming years.…
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Logistics 4.0 for Industry 4.0
What is Logistics 4.0? In a world in which the number of acronyms and new terms does not stop growing, there are few that finally remain in time due to their usefulness. If we go by its importance, Logistics 4.0 has many chances to be long-lived, since it will be essential in the latest revolution in the business world: Industry 4.0. Industry 4.0 is the name by which the fourth industrial revolution is known. The first, which began in the 18th century, arose with the application of steam to manufacturing processes. The second, in the 19th century, has electricity and chain production as protagonists; while the third, in the last…
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