Freight forwarders are moving critical health and medical supplies in this pandemic. This poses a challenge to the safety and robustness of supply chains in America and around the world. The situation now has flipped dramatically as freight volumes go up and the markets are making tremors.
It has been pretty unstable – still going through the up and down motion – as we are facing uncertain times with this pandemic still on but our strategy is to keep freight moving.
This is how Zip Logistics acts when we sense troubled waters. We don’t crumble or head for the exit. We act on it! We integrate flexibility in shipping goods, implement advanced technologies, and develop or extend the good working relationships with more suppliers.
Communicate and Act On It!
Sound processes don’t simmer overnight. You must be able to make quick decisions and act on it right away. In this time of uncertainty, the best way to cope and survive is to communicate and to act quickly.
Shipping should always be speedy and up-to-date. An emergency action plan should always be in place to hasten delivery in this time of crisis. This helps ensure the safety of your staff, secure assets, and manage business continuity.
An Emergency Action Plan should include the following:
- Work-from-home setup for employees
- Solid platform for communication in place
- Business compliance in line with government directives
- Assessment of supply chain risks
- Plan on response protocols for emergency case scenarios
- Outline of risk management policy
Strengthen and Expand Networks
To ensure the stability of a supply chain, you must expand your network and strengthen existing ones. Building new relationships is crucial to get the business moving.
Negotiate with new suppliers and analyze the value of each one. Aim for a mutually-beneficial relationship.
It’s not effective to cut costs at this point. You cannot lower your standards of efficiency by cutting on suppliers or staff members. The only way to bolster supply chains is by keeping them in a solid lineup.
You can’t yank the chain and expect excellent results – especially at this pandemic. These people are the ones who would work to find solutions and help manage threats to your supply chain.
The more options you have in your network, the better your chances of surviving and continuing operations despite market dips.
Adopt New Technologies
You can make your supply chain resilient and secure by adopting advanced technologies that can help provide real-time tracking updates, enhance security, and streamline your processes.
Human errors can be minimized when you are able to automate your technology and track each node. Some of these business applications or technologies worth adopting are artificial intelligence (AI), integrated circuits, near-field communication (NFC), and radio frequency identification (RFID).
These technologies are easy to implement, scalable, and easy on the budget.
Redundancy is a Must!
There should always be an extra layer or excess in your supply chains across locations. Having reserves help beef up business efficiency and act as a leverage to keep daily operations running on clockwork.
There should be a strategy in place to deliver products having fewer disruptions and extra transport options. Your nodes should be redundant and dispatched in different locations.
Create a Shortcut
You have a way to cut corners in this business and become more effective. One way to ensure business continuity is by sourcing from nearby suppliers.
This enables your business to respond right away without adding up to your customer’s chaos and worries.
With the right technology in place, your supply chain can be flexible and reliable. You then become more proactive (and less reactive) as well as able to provide quick solutions to customers this way.