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Postponement Strategies for Effective Warehousing

Effective management of a supply chain includes thinking creatively about the way of integrate and perform logistics and manufacturing activities. Postponement and speculation strategies of products during a timely and cost-effective manner by the standard production and logistics structures. Supply chain have reducing risk and forecasting techniques, cooperation and integration between the manufacturing and logistics processes.

Supply planning
Diagram taken from: http://www.hesol.co.in/secret-recipe-to-solve-complex-supply-chain-issues/supplychain-scm-alvislazarus-consultant-hesol/

Businesses that depend on high volumes of easily accessible stock as a part of their operation, in-house warehousing is not usually an option. Cost effective route is that the utilisation of off-site warehousing, but finding the proper company is crucial to the on-going continuity of supply and distribution.

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Joseph Ng Tze Kau, DLSM
Joseph Ng Tze Kau has substantive years of experience supervising warehouse operations and managing deliveries of a distribution centre in the Food Industry. He is a member of the Singapore Institute of Purchasing and Materials Management (SIPMM). He completed the Diploma in Logistics and Supply Management (DLSM) on September 2020 at SIPMM Institute.

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