Supply Chain Management Statistics That Might Surprise You

Some think of logistics and supply chain management as simply moving goods from one place to the next. In reality, it’s a complex and dynamic trillion-dollar industry, with outsourcing proven to be mission-critical for companies edging out competition.supply chain management

Reliable supply chain management partners know it’s always been a challenging field, though it’s true lately many of us are facing down some tough realities. Those include higher rates, capacity shortages and now a pending trade war and import/ export uncertainties. This tightening of the market (especially in ground transportation) means those of us on the front lines need to be innovative now more than ever – while also holding true to the best practices and relationships that allowed us to ride out past tumult.

If you depend on Cleveland supply chain management, you may be interested in these surprising statistics offering insight into the industry – and where it’s headed.

Why Warehousing is Critical to Ohio Logistics Operations

Warehousing is essential in Ohio logistics operations, where the goal is faster, cost-effective facilitation of your supply chain. The best warehouse management systems help companies keep pace with seesawing compliance regulations, increasing order cycle demands and oscillating supply chain requirements.warehousing Ohio logistics

It’s no shock the global market for warehouse management systems is expected to climb from $1.7 billion this year to $5.72 billion in 2025, according to Grand View Research. Clearly, a growing number of industries recognize the value of third-party warehousing.

At On Time Delivery and Warehouse, we know that when warehouse operations are smooth, you get better results with:

  • Proper inventory accounting;
  • Order fulfillment accuracy;
  • Fewer picking errors;
  • Practicable stock replenishment;
  • Ease of scalability;
  • Real-time tracking and trouble-shooting.

Partnering with a trusted Ohio logistics firm allows for all this, plus shared costs.