NewStream Blog

As industries today continue to segment themselves into more well-defined niches, their needs become more specific as well. As a result, and not surprisingly, companies needing warehousing and storage assistance look for solutions tailored to the unique challenges of their industry. 

Many corporations today understand the role logistics and supply chain management plays in successful business operations. Developing an optimized and well-executed logistics strategy requires the right expertise, infrastructure and human capital. With many businesses lacking these capabilities and focusing on core competencies, it’s no wonder they often look to outsource their needs to those specializing in logistics. 

Kitting is a process by which separate but related items are picked, packaged, and supplied together under one part number, providing the manufacturer with a list of benefits, both internal and external. The process is usually provided by a third party logistics (3PL) provider due to their knowledge and expertise with inventory accuracy and other integral portions of the supply chain.

Just-in-time (JIT) delivery refers to a supply chain management strategy that coordinates supplier orders with production or delivery schedules. JIT delivery is intended to improve efficiencies and reduce costs. For example, a company that sells automotive parts but doesn’t manufacture them will only order a part from the manufacturer when a customer makes a purchase.

Reducing fulfillment costs is a priority for most companies that are either creating a new fulfillment process or trying to improve upon a current system. If you’re looking for information on how much fulfillment will cost you, comparing costs of outsourcing or doing research on how to reduce fulfillment costs for your organization, this post will provide valuable insights.