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Making the Most of the Downturn: Lay the Groundwork Now!
Many organizations large and small are reeling from the recent developments with the COVID-19 pandemic and the resulting downturn in economic activities. This downturn leaves many of us facing the reality of thin margins, and the significant impact of operational costs. Never has proper management of inventory seemed more relevant and important than now.
Over the years, many organizations (ourselves included) have put off making changes or investing in improvements that would help lower our internal logistics and asset/supply management costs. With more states, cities and counties having moved to temporary “shelter in place” and closing non-essential businesses down, now is the opportune time to assess how your organization will look after the country reopens. The three overriding questions are:
What will we need to do to get customers back?
How much will the workforce have changed?
Where will we need to focus resources to improve operations and maximize our assets?
AdvanTech, Inc. is a Logistics Technology Integrator whose focus is based in operations, not IT. We provide organizations with the hardware and software needed to increase efficiency and decrease labor costs through the effective management of supplies and assets. Our solutions are based on our first-hand experiences with real-time Total Asset Visibility throughout all segments in the Supply Chain.
Our blended (Low Energy Bluetooth and RFID) RTLS and Business Intelligence systems provide total Accuracy, Visibility, and Accountability of all your assets (equipment, supplies and labor) by increasing automation and reducing non-productive time managing these assets. Now is the perfect time to discuss the next steps you should take for what most certainly will be a brand-new chapter in your organization’s successful operational transformation.