What is Flexible Warehousing? Flexible Warehousing has been a kind of oxymoron as Flexibility and “warehousing” haven’t traditionally gone hand in hand. Warehousing has been a fixed cost for decades—requiring resources to build and manage new infrastructure or long-term, fixed contracts with third-party providers. That’s how traditional Supply chains have been built to cater to
Resilience in Supply Chain Network: COVID-19 pandemic has disrupted the current Supply Chain across industry segments. The organization is struggling on multiple fronts, from wondering where their supplies are coming from to how much to produce. While some of these problems are not new in the supply chain, this pandemic has thrown them into our
Business models are highly irreversible and cannot be altered every day. Likewise, the primary supply chain models aligned to the business model cannot be changed abruptly & frequently. A business model coupled with the suitable supply chain model forms an integral part of a success story. These also include a crucial part of the Decentralisation
What is a Bonded Warehouse? A bonded warehouse, or bond, is a building or other secured area in which dutiable goods may be stored, worked on, or undergo light assembly operations without payment of duty. It may be managed by the state or by private enterprise. In this concept of 'bonded warehousing,' the importers could
