It makes smart business sense to expect the unexpected. But when your product is high-value or perishable, you cannot afford the delays that come with supply chain disruptions and improper handling. Instead, you need supply chain resilience strategies to ensure your goods—whether that's pharmaceuticals, luxury items, food,k or temperature-sensitive products—get to their destination on time and unharmed.
Proper perishable goods supply chain management is a critical issue. Every year, the global loss of food to poor logistics amounts to $1 trillion or 14% of all food.
Here at SEKO, we use advanced technology and tracking, cold chain logistics, and contingency planning to anticipate, respond, and recover from disruptions. The result? A resilient supply chain that upholds product quality and availability.
How Resilient Supply Chains Reduce Risk
Delays will occur—it is an inevitable part of freight. However, by creating a resilient supply chain, you can soften the blow of disruptors. Here's how high-value goods logistics cuts risks and strengthens your market position by improving the customer experience:
Faster Response Times
You cannot avoid disruptions entirely. They are often outside of your control. But you can change the way you respond to them. For example, SEKO's technology-powered response systems and 360-degree supply chain visibility identify issues before they escalate. From there, a response can be initiated immediately. Team members on the ground act fast, which reduces delays and, if relevant, the window for environmental exposure.
Consistent and Optimal Environments
Some products require a consistent temperature to maintain their integrity. If their temperature varies, their quality reduces. SEKO uses temperature-controlled logistics to prevent spoilage across industries like medicine and food.
Lower Cost, Higher-Quality Transportation
Resilient logistics and supply chain traceability for high-value goods demand an investment in technology. But this upfront expenditure repays dividends. In many circumstances, spoiled goods like compromised medicines must be thrown away. This results in a huge amount of waste. By adopting supply chain resilience strategies, you can avoid these situations, which reduces resource wastage and, therefore, lowers the overall cost of transportation.
The money-saving benefits go deeper. With a resilient supply chain, your deliveries become more predictable. The goods meet your customers' expectations on arrival. Together, these advantages improve the delivery experience. Your customers are delighted by your service and are more likely to choose you again. They stay loyal, which gives you a leg up on your competition.
6 Supply Chain Resilience Strategies
What, specifically, can you do to improve resilience and ensure proper handling of high-value goods? Here are six supply chain resilience strategies you should adopt:
Strategy 1: Diversification
Just as you would diversify your investment portfolio to reduce risk and improve your returns, you can diversify your supplier network to ensure availability amid global disruptions. This is something we do at SEKO. We use multi-threaded sourcing, onshoring, and "friendshoring" to reduce reliance on vulnerable areas and spread risk. If one source should become unavailable, we can turn to another right away. This means fewer delays and happier customers.
Strategy 2: Contingency Planning
A contingency plan is like a safety net. It protects your supply chain when the unexpected occurs. It includes the steps to follow and alternative solutions to use when transportation is delayed, natural disasters strike, suppliers experience shortages, or equipment fails. At SEKO, we are proactive contingency planners. We use cold chain and expedited shipping options, among other risk-mitigating measures, to protect your goods—whatever happens.
Strategy 3: Inventory Buffers
Inventory management for perishable goods can be complex. On the one hand, you don't want to store so many goods that your supply outweighs demand. The products might spoil before they are sold. On the other, you don't want to risk selling out. If you're unable to fulfill orders, you're leaving money on the table.
Smart inventory buffers are the solution. We use predictive algorithms to adjust inventory in response to demand fluctuations. This enables us to achieve continuity for high-value and perishable items.
Strategy 4: Temperature-Controlled Logistics
Temperature-sensitive goods rely on stable cold-chain logistics. Laser-precise temperature control maintains product quality from origin to destination. SEKO uses refrigerated containers and real-time temperature monitoring to safeguard the integrity of high-value goods and perishables along the entire supply chain.
Strategy 5: Real-Time Tracking
Resilience demands supply chain visibility for perishables and high-value goods—you need to-the-minute data about the state and location of your products and any potential obstacles further along the supply chain. That way, rapid adjustments can be made to maintain quality, avoid bottlenecks, meet delivery timelines, and satisfy your customers.
Our end-to-end tracking technology offers full transparency on shipment status. Our team leverages this data to take preemptive action against delays and disruptions.
Strategy 6: Predictive Analytics
Predictive analytics forecasts demand and supply issues. This allows you to anticipate spikes and make data-backed decisions about high-value and perishable inventories. We apply predictive analytics to adjust logistics dynamically. As a result, sensitive shipments become more resilient against supply-demand mismatches, saving you money and resources.
How SEKO Has Built a Resilient Supply Chain
In a globalized world, high-value and perishable goods transportation becomes a challenging undertaking. Delays are a part of life, but proper storage is a non-negotiable. Without the right logistics strategies for perishable products, you risk wasting resources and damaging your reputation. At SEKO, we won't let that happen.
We have invested in cutting-edge technology to deliver true end-to-end visibility. Our cold chain logistics network is airtight, and our approach to risk management is proactive, not reactive. For us, it's about quality—preserving the quality of your goods through a high-quality service. That is genuine resilience, and it's how we support clients through an unpredictable and ever-changing landscape.
Benefit from SEKO's resilient supply chain. Contact us today, and let's discuss your top challenges and our solutions.