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The United Kingdom (UK) automotive aftermarket industry, including business, fleet and privately owned vehicles, has seen record growth in the last few years. According to the Society of Motor Manufacturers and Traders (SMMT), the UK automotive aftermarket industry turned over a record £69.5bn in 2015. This is an increase of 6.6...Read more
The term ‘logistics’ encompasses the process of storing, transporting and handling goods. Even in ancient times, logistics was a science in itself. For example, the Romans maintained their own transport systems and troops specifically for supplying their legions abroad. Today, logistics are active and visible in all areas of life....Read more
*This post was updated July 2018* In today’s competitive business environment, getting the correct products to the right place at the right time via the most cost-effective manner is paramount for your business’ success. To stay ahead, tech-smart operations, logistics and supply chain professionals are using logistics and supply chain...Read more
Inventory optimisation is often likened to balancing on a hire wire. The process of optimisation is a method of balancing capital investment constraints and service-level goals over a large assortment of stock-keeping units (SKUs) while taking demand and supply volatility into account. Owners of the business want to keep customers...Read more