Hi
Yesterday had a interesting discussion on the supply chain initiatives, have listed the few on what felt was important for the moment-
• Re-Design Your Warehouse Network, Add Regional Warehouses and
• Save Transportation Costs
• Compete on Service, Fend Off Price Concessions
• Re-Bid Your Freight Spend, Deepen Your Routing Guides
• Invest in Non-Transportation Resources–Inventory, Labor, Technology,
• Time-That Offset Transportation Cost
• Fill Orders Flexibly
• Change Inventory Management Logic-Set Safety Stocks and Order
• Quantities Differently
• Accelerate Your Forecasts to Catch-up with Decreased Demand
• Re-Engineer Packaging
• Shift to More Productive Transportation Modes–Expedited to Normal,
• Parcel to LTL, LTL To TL, TL To Rail, and Air to Ground
• Design Supply Chains and Position Products Around Green
• Sustainability
Tags: Drive, Initiatives, Supply Chain
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