Transportation is a massive segment of the global economy, as much as 12% of cash flows, and there are so many parties involved: shippers, carriers, customs and the companies that provide fuel for trucks, planes, trains, etc. There are so many transactions associated with any shipment. Now think about having to wait 60 to 90 days for payment across each…
The international economy is facing the difficult problems caused by the Covid epidemic, especially in sectors such as food & beverage, and vehicles. Many countries have released alarming figures about the economic downturn in 2020 and not decline in 2021. However, objectively judging, the Covid pandemic has also awakened the management awareness of many businesses, especially in logistics. The impact…
“Do It Right The First Time” – determining the scientific demands is an essential basis for building a supply plan and implementing an efficient production process. Without knowledge of future demand forecasting, all the time and money invested in production planning can be wasted. By generating production demand forecasts, manufacturers can simulate market trends, enabling them to balance supply and…
Change is so difficult! Many businesses still keep this idea, that’s why they develop slowly even bankrupt. Not only that, some businesses still maintain the working style “If it’s not broken, don’t try to fix it”. However, the effects of the Covid pandemic as well as the development of e-commerce have awakened many businesses that are still slow to change.…
The best thing to enhance the customer experience is to leverage capabilities from Warehouse Management System (WMS) and Transport Management System (TMS) while synchronizing modern and scientific workflows. The most obvious evidence of the WMS & TMS synchronization’s benefits is an optimization of enterprise operations, including advanced planning and employment, and improved cycle times, throughput, improving responsiveness as well as…
In the modern supply chain, visibility is more critical than ever; it helps managers minimize analysis time and get fast, accurate information to make timely decisions. Key Facts Visibility Visibility is a critical industry-wide requirement for 2020. These days, changes in shopper behavior and regulatory requirements from the environment put pressure on supply chains. This requires supply chains to leverage…
Have you ever asked yourself “ With the same a warehouse management method, but there are many high-efficiency businesses, the process of transporting goods quickly, but there are many enterprises inefficient warehouse management process?" The critical point of this problem is that the managers have to know how to control inventory activities well. In order to do this, managers need…
In today's economy, we are sure that you have heard a lot about the term "supply chain." No matter what field you work in, a trading company, or a production company, there is a supply chain at your workplace. For many people, the term "supply chain" is quite particular, but to others, it may be new and unfamiliar. However, we…
To build a more accurate, speed, and scientific operating warehouse system for Gonsa, on June 27, 2019, Mr Nguyen Cam Tuan – Deputy General Director of GonSa Joint Stock Company and Mr. Tran Anh Minh Huy - General Director of Total Solutions Logistics Company Limited have officially signed the warehouse management project (WMS). Accordingly, TSL Company will be in charge…
