NewStream Blog

In recent years, managers have become more adept at managing supply chains and mitigating recurring risks in the supply chain through improved planning and execution. However, supply chains are still (and will always be) vulnerable to unforeseen events from disruptive forces such as pandemics, natural disasters and economic downturns. 

Meeting consumer demand for products or services continues to be a challenge as technology affects buying trends. For businesses, adjusting to this reality requires updated supply chain management strategies and efficiency improvements. 

Product managers, purchasing managers and VP’s are concerned with keeping their costs contained and reducing friction points, thus, proficient and well-planned logistics and supply chain management procedures will always be key. Whether outsourced to a 3rd party logistics provider (3PL) or done in-house, companies can increase cash flow and reduce costs with custom-designed logistics capabilities. Are you looking to better understand why you need to be making this a priority in your organization or considering looking for ways to improve your current operation? We have constructed an overview of logistics & supply chain management concepts to help you gain more perspective on this important topic. 

Thinking about outsourcing your warehousing and distribution? It's a big step, but one through which your business will see big gains. Here are some reasons why outsourcing can be a cost-saving answer to your supply chain concerns.