An overview of the different logistics 1PL, 2PL, 3PL, 4PL, 5PL First Party Logistics (1PL) First-party logistics (1PL) are handled directly by a company. The company does not outsource transport & logistic activity to external agencies. The company uses its assets, for instance, vehicles for logistic operations. No external vendors have been hired for these…
Inventrax is the global leader in 3PL WMS Software. Inventory Management with 3PL WMS Software Inventrax 3PL WMS software helps in inventory management, recurring activities, and the ability to process returns as easily as new shipments. Our 3PL WMS software helps in Product tracking within a warehouse and outside the warehouse & able to track…
Global Supply Chain solution provider, “Inventrax” headquartered in the city, has announced this Friday, that it will be assisting “StarQuik” , a TATA Enterprise, in its Micro-Fulfilment Centre Operations. Inventrax ‘s brainchild “FalconWMS”, an Enterprise Warehouse Management. System will be integrated with StarQuik’s Fulfilment hereafter, empowering StarQuik’s Operations with its distinctive Traceability. “FalconWMS”, has proven…
Industrialization 4.0 changed the way businesses operate. Warding off the silos created by the legacy infrastructure, the wave of digital transformation welcomed a whole new era of automation and interconnectivity. Nearly every industry has been hit by the change and the logistics sector remains no exception. While a few believe that the industry took too…
Warehouse spacing is one of the toughest jobs to do. Even though supply chain managers spend a considerable amount of time figuring out what to place and where not everyone manages to do is the right way. As per the research conducted by the Wall Street Journal, there was a huge demand for warehouse spaces…
IoT in transportation and logistics: Does this sound weird? Even if it does, the time to retrospect has long gone. True that we live in a consumer-first, technology-driven era. Today, people are more fascinated by the quick delivery of a product than the product itself. In fact, delayed or obstructed delivery is a crucial factor…
Inventory visibility is all about knowing the exact location of a product within the warehouse and also being able to track its movement when in transit. Time travel to a decade ago, predicting the total number of goods in stock was merely guesswork. Or, the manager would have to walk down the entire warehouse to…
The year 2020 might have started well but, soon things were out of control. The deadly virus created havoc enforcing mass closure of retail shops, offices, and institutions worldwide. Since then, everything has changed. While the corporate sector has resorted to the work from home culture, other business organizations are grappling to keep up with…
Whether you agree to this or not, the pandemic crisis hasn\’t been anything less than a Black Swan event. Characterized by uncertainty and rarity, COVID-19 has caused immense disruption across all lines of business operations. The one facing serious repercussions is the supply chain and logistics industry. Upending supply chain operations in multiple ways, the…
Die COVID-19-Krise hat in allen Branchen zu enormen Störungen geführt. Obwohl das Virus seinen Ursprung in der chinesischen Stadt Wuhan hatte, entwickelte es sich schnell zu einer Epidemie und dann zu einer Pandemie. Dies führte nicht nur zu einer Notlage, sondern zwang die Menschen auch dazu, sich hinter ihren Türen einzuschließen und gesellschaftliche Zusammenkünfte zu meiden. Die Bedrohung durch...
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