How does logistics differ among manufacturers across the globe? Do the logistics needs of a particular steel manufacturer differ from that of a food and beverage supplier versus or a chemical manufacturer? In some instances, absolutely – But, according to a recent Logistics Management article that discusses the results of the “Business Strategy: 2012 Supply Chain Survey – Manufacturing Priorities and New Technology Adoption,” most all manufacturing companies share a common concern – reducing supply chain costs by implementing simple solutions through the use of technology.
There is no doubt that the global economy is impacting all manufacturers and retailers. Consumers demand faster production, higher quality materials, and lower prices. Transportation logistics typically accounts for 30% of the cost of any good. Here are some ways you can stay competitive in your marketplace, while increasing your bottom line:
- PLAN AHEAD: Begin planning for the increase in demand for the holiday season this year. Retailers have prepared their forecasts and are analyzing consumer purchasing trends. Perhaps your item is going to be on the “hottest-selling” list this year. Are you ready? Back-to-school season is fast approaching and the ports have been planning for a virtuous year for retailers. As we all know, no matter how well you plan – stuff happens! You must be flexible, react and make changes when necessary.
- Lean strategies and operations: Whether it’s wasted materials or labor hours, a business must adopt lean thinking and processes to remain competitive and profitable in a global market. Eliminate waste in your production: hours, materials, etc.
- Transportation efficiency: That’s where we come in, and there’s that word efficiency again! Trucking companies, ports, and 3PLs (like BlueGrace Logistics) are continuously searching for ways to move goods across the globe seamlessly. Technology plays a critical role in efficiency and a transportation management system (TMS) could be just the perfect solution for your business’ logistics needs. With a TMS, you are able to quote freight shipments, book the carrier of your choice, and track 24-7. BlueShip® offers customization and can be integrated to your businesses information system. Controlling transportation costs is led by route optimization, reduced fuel consumption, and reduced idle time.
Take a look at the findings of the Business Strategy: 2012 Supply Chain Survey – How does your company’s concerns differ or mirror those of over 350 U.S. manufacturers surveyed? Leave a comment below with your thoughts!
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