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Fleet Warehouse is the leading supplier of aluminum extrusions and replacement repair parts specializing in trailer, truck bodies, and containers. Our ASAP approach makes us the industry's 1st choice for over 37 years.
Article | April 3, 2020
All businesses face risks, and your business is only as strong as the weakest link. A failure on the part of any supplier or other supply chain partner could result in cascading problems across your business, and supply chain. However, today’s supply chain technology can help manage vendor relationships, improve payment protocols, overcome geographic challenges, ensure continued success through information technology (IT) patches and provide the end-to-end visibility necessary to gain effective control over your supply chain risk management strategies. Let’s take a closer look at how supply chain technology aids in risk management.
Lower back pain is the second most common reason for a doctor visit, and costs the supply-chain industry around $100 billion per year. One of the leading culprits for this pain and expense is the pushing and pulling that occurs in the hundreds of thousands of distribution facilities throughout the world. Thousands of employees injure themselves each year because of some sort of pushing activity with industrial equipment. It’s clear that we’re not doing enough to solve this problem. However, we are seeing improvements in measurement standards for equipment that’s involved with pushing.
Handling or managing the entire process of production flow is known as supply chain management. The activities cover things like Product development, sourcing, production, and logistics. With the help of logistic software, the supply chain firms can effectively develop and run the supply chains. The Supply Chain Management concept is basically built upon two points. One of them is that the effort of a number of organizations reflects on every product that reaches the consumers.
Fixed assets, comprised of high value, long-term use inventory, can cost $260,000 per hour in unplanned production downtime if mismanaged. Common enterprise asset management challenges include inaccurate data, lack of visibility, timeliness, costly downtime and inability to scale. Modern asset tracking software can drive operational efficiency and oversight, even across dispersed geographies.
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