FLOX's Guide to Logistics Jargon
Every industry has its jargon so we’ve put together this helpful guide to logistics terms.
Activity-based costing (ABC)
An approach to the costing and monitoring of activities that involves tracing...
Every industry has its jargon so we’ve put together this helpful guide to logistics terms.
An approach to the costing and monitoring of activities that involves tracing...
FLOX discusses the benefits of using external fulfilment solutions and fulfilment centers aimed at business owners. These solutions can enhance customer service. We also provide tips on selecting the...
AI is no longer a futuristic concept; it is actively reshaping supply chains today. As traditional tools become obsolete, the integration of AI offers unprecedented opportunities for innovation and...
Warehouses are not just storage spaces; they are dynamic hubs that drive the efficiency and success of supply chains, adapting swiftly to the evolving demands of modern commerce.
Could the future of logistics be a world where Artificial Intelligence not only supports but elevates every strategic decision we make?
Imagine a future where every decision in the modern supply...
How do hauliers make sure they’re not the next to succumb in a challenging macro environment.
As we recently discussed, in the challenging and ever-evolving landscape of the sector, independent...
Is your inventory management keeping pace with your business's growth, or is it a hidden brake on your potential?
Managing inventory is crucial for businesses of all sizes, balancing rapid growth...
While M&A deals are often celebrated as markers of impending growth in the logistics sector, the increasing number of insolvencies suggests that we may be heading into more challenging times for...
Your startup/SME can turn the tide against surging storage costs and transform challenges into opportunities with cutting-edge logistics and warehousing strategies.
The COVID-19 emergency may be a thing of the past, but if there’s one lasting change that more than a year of lockdowns and social distancing mandates engendered it’s the continued rise of...
In the ever-evolving world of logistics the race to optimise supply chain operations and enhance overall efficiency is never ending.
This is where FLOX, from Value Chain Lab, emerges as a...
The logistics industry, a cornerstone of global commerce, faces a myriad of challenges. Operational hurdles, combined with ESG pressures, have only grown over time. Factors like razor-thin margins,...
If your UK enterprise involves the movement or handling of consumer goods or equipment, then some form of storage facility or warehouse space will be an integral part of your business...
Discover the importance of efficient warehouse storage and how it can maximize operational efficiency while keeping costs in check. Learn valuable tips in this article on how to streamline your...
Over the years, the sector saw strong growth and progress in automation and advanced analytics. However, not everything went as expected. Now a range of innovative solutions targets further increases...
Companies and managers constantly use jargon whilst talking about their specialist topic. Supply chain and logistics management is no exception.
The problem is that often the speaker and their...
Despite massive improvements in analytical capabilities and applications of AI, companies still produce greater results by implementing operational productivity systems rather than management...
As enterprises grow over reliance on Excel spreadsheets, especially for planning, operational and financial controls becomes problematic.
Microsoft’s Excel will celebrate its 40th Anniversary in...