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Elastic logistics refers to a company approach that is adaptable and flexible enough to scale up or down in response to market demands. This enables supply chain activities to expand or contract in near real-time in response to foreseen (and even unpredicted) market events.
We live in a fast-paced, rapidly changing world, and businesses must be able to adapt and keep up. Elastic logistics aims to achieve this kind of rapid reaction.
Picking and packing are automated in elastic logistics, forcing warehousing and logistics to make more supply-driven decisions. This never-ending supply-driven expansion and contraction of warehouse activities allows for more reliable financial control.
Companies may run supply chains more efficiently in the face of volatility with elastic logistics, which allows for scalable upscaling and downscaling based on seasonal activity and other changes. The balance of supply and demand has swung heavily in favour of demand.
The Global Elastic Logistics Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Transportation Insight Holding Company, a North American provider of non-asset, tech-enabled logistics and brokerage solutions, has announced the availability of a free transportation management system (TMS).
This TMS is a component of the company’s Beon digital logistics platform.
3Gtms, Inc., a pioneering TMS software company that addresses the real-world demands of shippers, brokers, and 3PLs, today announced the SWORD “Savings Without Risk… Delivered” Program.
The initiative provides businesses with a once-in-a-lifetime opportunity to use 3G-TM, the industry’s top Transportation Management System (TMS), to decrease freight expenses and reap the benefits of transportation management automation at no risk.
Danone, a leading global food manufacturer, teamed up with BluJay to manage growing customer needs and complexity in today’s fast-paced industry.
Danone used data from their TMS to support planning, execution, claims, and appointment scheduling, providing end-to-end visibility and control across the whole supply chain.
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