This Business News Story Was Uncovered By Us From: https://www.entrepreneurshiplife.com/how-the-holiday-season-affects-supply-chains-and-your-business/
We hope this Editorial, that was specialy found for you, to think of Tactics to add Thrust into your own online business venture.
It is no surprise to most companies that the mad rush of Christmas causes a huge impact to your business and the wider supply chain.
Forecasting these major fluctuations in demand will hold you in good stead when it comes to specifying and sourcing flexible efficient logistical solutions to combat the highs and lows of the holiday season. However many curved balls may be encountered along the way, so flexibility and contingency support can be key.
What factors will affect a business’s supply chain?
X2 take a look at the factors you may be facing that could stand in the way of a “seamless and undramatic” supply chain operation.
Predicting Customer Demand
‘Great!’- demand for your goods or products has increased tenfold from last year and the average invoice amount has had a 30% increase.
But how are you going to deliver all these additional orders? From production efficiency and management to logistical solutions, you’ll need to make sure you have the right transport and distribution companies onside to help you deliver all your orders.
Predetermining expected growth and the increase in your volumes, is a conversation you will no doubt be having with all stakeholders in the supply chain along with logistics suppliers in advance. By having these conversations as early as possible based on historical trends and forecasted growth, you’ll be able to predict and prepare for larger than expected orders and their delivery without searching for last minute solutions.
However, having the flexibility in dealing with those curved balls of higher than anticipated volume, or conversely lower volumes than expected, is just as important.
Communication Issues
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