Logistics Strategy
A company’s logistics strategy is the foundation for optimising supply chain performance and reducing costs. It must support the sales & marketing strategy and ultimately be aligned to the broader goals and objectives of the overarching business strategy.
3 Core Objectives of a Logistics Strategy Review
- Evaluate and articulate the current logistics network across the entire business.
- Identify cost savings and efficiency upliftment opportunities.
- Determine best practise, and initiatives that can be implemented to future proof the supply chain for sustainable and scalable growth.
The importance of getting your logistics strategy right upfront
In the past, most companies' logistics strategies primarily concentrated on choosing transport or 3PL service providers, securing the best rates, and ensuring sufficient capacity to meet demand. Today, companies are becoming increasingly sophisticated in developing a logistics strategy that is aligned with the overall business strategy and goals. Top-level executives are recognizing that significant bottom-line savings can be achieved with the right logistics strategy and a dedicated focus on enhancing logistics processes within the organization.