10 Steps to Develop a Winning Logistics Strategy
Don't be scared off by the global market. Cost-cutting, efficiency, and quality are principles that never go out of vogue. These pointers will help you create a successful logistics strategy and boost client satisfaction.
1. Leverage price with volume. Nothing out of the ordinary here; negotiate based on expected volume. If there is a better margin of cost savings by ordering in the future, take advantage of it. 2. Determine what you want to achieve. Begin a campaign with a specific goal in mind, whether it's speed, accuracy, or a combination of the two. Different goals necessitate different strategies. A supply chain that prioritises speed will differ from one that prioritises cost reduction. For a customer-centered process, understand and communicate these goals to your staff. 3. Concentrate on your skills. If you're not comfortable giving value-added services to your consumers, such as pick-and-pack or same-day shipping, don't provide them. To separate yourself apart from the competitors, work on your strong qualities and nurture these skills. 4. Make use of the available technology. Advances in barcoding, order monitoring, and social networking ushered in the customer service revolution. To improve accuracy and responsiveness, use public platforms. To give real-time updates to its clients, many thirdparty organisations employ networks like instant chat and Twitter.