Most Common Logistics and Inventory Management Mistakes

Posted by The Kiran Group
1
Jun 1, 2020
471 Views
Logistics and inventory management industry is always on the move and requires constant innovation. Failing to do so only means getting lost in the competition and left to the oblivion by the customers. Logistics and supply chain solutions Services providers in India say that optimizing logistics and supply chain is extremely essential.

It is quite obvious of most ecommerce brands to understand how much delivery and packaging is given importance by the customers, yet most of them fail to meet the desired expectations which is quite ironical.

Below are some of the most common logistics and inventory management mistakes.  Let’s take a look-

1. Bad visibility to inventory
Inventory management is the backbone of the logistics industry. The multi-channel environ requires a better visibility to inventory. Both customers and businesses need to have a good visibility to inventory. On one hand it allows sellers to plan their sales more accurately. Customers are also aware of the in-stock products.

2. Poor order management
Sellers can never achieve their revenue goals with poor order management. When order management is not up to the mark, it sabotages the entire cycle. Seamlessly integrate advanced order management tools with other tools for optimum customer satisfaction and revenue generation. Logistics companies in Gandhidham with a good repute place special emphasis on seamless order management.

3. Too much of dependence on in-house resources
Too much of reliance on in-house resources can be disastrous. As you expand you need to have more partners who can help you meet your business goals and objectives. You should not hesitate to outsource your logistics and inventory management to a competent logistics and inventory management partner.

4. Holding excess inventory
According to competent logistics companies in India, one of the biggest mistakes to avoid at all costs is holding excess inventory. You must focus on reducing your inventory levels. More often than not wholesalers buy too much volume of a single product to avail bulk discount offers. You should not store too much of inventory. When you reduce your inventory levels, it also helps make your supply chain leaner.

5. Insufficient attention to house-keeping
Any warehouse without sufficient attention to house-keeping is bound to doom. It cannot be efficient or productive. House-keeping must be given proper attention and there has to be a proper regime to be followed.

6. Poor health and safety management
Companies offering container transportation services from Mundra say that another big mistake to avoid is poor health and safety management. Companies often fail to identify loopholes until an accident takes place. It is the biggest mistake a logistics company can make.

Hope you found the post useful. For more information related to logistics companies in India, feel free to get in touch with us. As the best logistics company in Gandhidham, we will be glad to answer your questions.
Comments
avatar
Please sign in to add comment.