The COVID-19 pandemic is not only a health crisis; it has become an economic crisis as well. Entire supply chains have been disrupted and the logistics industry has been put under the microscope as communities have experienced empty shelves and long waits for medical supplies and essentials such as food, cleaning supplies and toilet paper. […]
Stocking Up On Supply Chain Overflow Read More »
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. While measures such as sourcing from
Managing Supply Chain Disruptions Read More »
Third-party logistics (3PL) services allow companies to outsource operational activities like warehousing and delivery. By outsourcing logistics, your business has more time and resources to dedicate to sales, marketing, growth and product development. One particularly important logistics service is 3PL warehousing. A 3PL warehouse takes care of your physical warehousing space for you, eliminating the
Understanding 3PL Warehousing Costs Read More »
In the world of product packaging and assembly, kitting takes separate but related items and packages them together under a single part number. This is especially helpful when items are to be used in conjunction with one another. One example might include various types and sizes of filters from several vendors packaged together in a
Kitting Remanufactured Components Read More »
Just-in-time (JIT) delivery, a method of delivering raw materials, components and products exactly when they are needed, is an important part of the mutual success of vendors and customers. JIT is a logistics system proven to reduce inventory costs by reducing warehousing and minimizing transit waste. Companies using a just-in-time philosophy in supply chain management
How Does JIT Delivery Help You Make a Profit? Read More »
Warehousing and fulfillment are important components of supply chain management. Sometimes these terms are used interchangeably, and often, warehousing and fulfillment services are offered by the same company. There are, however, distinct differences between the two. Understanding the relationship between warehousing and fulfillment, and the need for both, can significantly improve order processing and inventory
The Relationship Between Warehousing and Fulfillment Read More »
One of the many challenges associated with manufacturing a new product is finding cost-effective methods of managing production. As demand for a product increases, businesses often explore alternative ways of getting products out the door fast, efficiently and error-free. Factors Affecting Production Costs Production costs fall into three categories: direct materials cost, direct labor cost
What Effect Does Product Assembly Have on Production Costs? Read More »
Original equipment manufacturers (OEMs), remanufacturers, retailers and wholesalers establish warehouse kitting procedures to make ordering easier for their distribution network. By packaging separate-but-related items together under one part number, organizations save both time and money. Often these kitting services are outsourced to warehousing and supply chain experts instead of performed in-house. In-house kitting requires initial capital investment,
Understanding the Kitting Process Read More »
Encompassing a wide range of industries from automotive, electronics, agricultural, utilities, industrial, construction, trucking/transportation, marine and other manufacturing industries, remanufacturing is an important process in product life cycles and sustainability. Original equipment manufacturers (OEM) depend on this remanufacturing cycle to extend the life of their products, components and parts. OEMs can utilize remanufacturing service centers
Warehousing for the Remanufacturing Industry Read More »
A Unique Culture NewStream Enterprises, LLC is a full-service packaging, fulfillment, warehousing, assembly, distribution and supply chain management business centrally located in Springfield, Missouri. We are an employee-owned company that practices open-book management and business planning, as well as constant improvement processes that involve everyone on the team. These practices have shaped a culture of
What Makes NewStream’s Assembly Services Different? Read More »