Logistics is a field that is growing at an exponential rate. It affects how our global commerce functions, whether good or bad. Great logistic businesses rely greatly on one major thing: precision. According to the Merriam dictionary, precision means to be in a state of quality and accuracy. Without quality and accuracy, logistics would not be what it is supposed to be. JIT Services creates precision by focusing on these three key factors:
Visibility means to have clear access to where products, receipts traceable by lot numbers, serial numbers, date codes, packing slips, shipments, sort inspections, etc. are and a schedule or forecast of when they should arrive. Logistics functions solely on meeting deadlines and having extreme time management. Without an end-to-end visibility, organization is lost, and even worse; a client’s trust can be broken. Logistic businesses must build a reputation of being on time, every time with up-to-date knowledge of where a client’s product is at all times.
Being organized on how you track products and shipments makes everything run smoothly. One key aspect to doing this is through technology. Logistic businesses must have current technology to compete in today’s fast-paced economy. In short, innovate or close your doors. This applies to many types of businesses, but it is crucial for logistics.
Just in Time.
Being quite literal, this practice means to have quick response in order to replenish, ship, and distribute––just in time. Companies thrive on ordering and replacing products, right at the moment the product runs out. The key to “just in time” logistics is quick response. It also requires keeping a close eye on inventory and purchasing frequency. Encompassing all of these elements allows logistics companies to provide excellent service and providing a return on a client’s investment by saving them money.
Logistics is tricky and complex. However there are simple processes that keep it running precisely. Using these three key factors amongst other tactics will allow clients to feel protected and relieved that their products are safe, visible, and are arriving to their customers––on time.
This post was originally published on October 31, 2012 and updated on June 18, 2019.