High Tech/Technology Logistics
Challenge We Face – There was a problem concerning an increase in real estate and labor costs, the result of which was that our customer was denied the warehouse space to stage components for high-tech assembly and integration. Furthermore, the client/customer’s freight expense had increased considerably following the sourcing of many key components from overseas.
Solutions
- Created a supply inventory hub.
- Discovered multiple vendors within a stipulated mile radius.
- Developed a pickup schedule and route, garnering a more consistent product flow for vendors, better customer cash flow, and lower inland transportation expenses.
- Consolidated air freight cargo for better rates, establishing a set shipping schedule.
- Adapted purchase order management mechanism and procedures for the customer in compliance with custom clearance methodologies.
Results/Outcomes Culminating in Engaging Success Stories – Thanks to LML7, the client has better control over its supply chain and greater flexibility with its inventory. Moreover, SKU-level visibility aids in purchasing order timing, quantities, and destinations, supporting the consolidation of shipments at origin for more cost-effective transportation. Most importantly, integrated systems provide instant access to information and knowledge via consignees, buying houses, destination agents, and other parties involved in the supply chain management procedure. Belting out success stories is the other name for LML7!
Needless to say, all these aforementioned logistics strategies, planning, and execution in other industries like Satellite, Solar, Natural Resources, E-Commerce, etc., are managed tactfully and deftly by the skilled and expertise hands of diligent professionals who know the ‘tricks of the trade’ and apply them meaningfully!