Transportation is a vital part of any business, as it is the core of the supply chain and has a big impact on the business’s bottom line. Supply chain management is one of the toughest tasks any business owner has to face. It is vital to get it right because the supply chain is the backbone of any business. There are many different ways to approach supply chain management, and for this blog, let’s focus on the four S’s of logistics.
- Supply chain
Logistics is a vital part of the supply chain, and it refers to the process of acquiring, transporting, and storing resources. A well-functioning supply chain relies heavily on information technology, logistics, and transportation. In most cases, numerous businesses are responsible for the different links in the supply chain. - Scheduling
A great schedule is a key to a successful logistics process because it ensures that each step is moving along at the right pace, not too quickly nor too slowly. This careful balance is important because it leads to both less waste and fewer stockouts (which can cause customers to become frustrated and leave). - Safety/Security
- This includes being aware of potential hazards and knowing how to lift and move items safely.
- Boxes and other items should be stored neatly, and pathways should be clear.
- Equipment including trolleys and pallet trucks, safely.
- Warehouse safety procedures should be followed at all times. Posters outlining these procedures should be displayed in a prominent location.
- All staff should have the appropriate protective equipment. This may include gloves, safety glasses, or a hi-vis vest.
- Stock or inventory management
Stock management is a crucial part of any successful business. It involves organizing stock flows in the warehouse in a way that meets customer demand at an optimal cost for the company. Having an adequate level of stock in the warehouse is essential for competitiveness.
The 4S’ of logistics are used to define the core elements of supply chain management.