In 2020, the buzzword for supply chain management was flexibility. It seemed you couldn’t read one article that didn’t revolve around how supply chains needed to be more adaptable to address the COVID-19 pandemic.!
Here in 2021, flexibility remains just as crucial for the success of material handling companies. Having a flexible supply chain is not only important in times of crisis, but provides benefits to your material handling company in times of normalcy, too.
At HAWKER®, we’ve seen firsthand how the efficiency of supply chains affects individual companies, the material handling industry, and beyond. If you want to enhance your supply chain’s flexibility, consider how these factors can benefit your material handling company.
A flexible supply chain is demand-driven, meaning that it is adaptable to ever-changing consumer demand trends. When a shift in demand occurs, a flexible supply chain can quickly respond. Additionally, this flexibility gives a considerable advantage against other slower, more rigid systems. Readiness for change, specifically the ability to adapt to external disruptions, allows for cost-effective solutions.
Because flexibility helps appropriately meet consumer demand, companies can more appropriately manage their costs and resources. More efficient operations lead to better processes, higher volume of production, and a faster time to market. Beyond that, maintaining a state of efficiency allows companies to pursue technological advancements, AI, and other automation processes that could further enhance their operations.
Finally, maintaining a flexible supply chain will enhance the value of your material handling company. With the ability to effectively manage cash flow, you won’t miss opportunities to grow your business. When hard times hit, your supply chain is built for scalability, with an almost effortless ability to adjust production, purchases, and overall capacity. A flexible supply chain helps your material handling company be perceived as proactive, consistent, and reliable.
At HAWKER®, our goal is to provide the industry’s most reliable motive power solutions. Through our commitment to innovative technology and data-driven solutions, we’ve developed high-quality alternative motive power batteries, chargers and accessories.
The HAWKER FLEX® Thin Plate Pure Lead (TPPL) battery and the HAWKER FLEX® Li 3 Lithium-ion battery are the industry’s latest premium batteries that can power your material handling vehicles. With these motive power batteries fueling your supply chain, you will have the right products needed to pursue flexibility, efficiency, and productivity.
