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Source: About.com
What Can Logistics do for Your Company?
Date: 17:21 01.03.06Source: About.com
Logistics includes all the processes required to go from raw materials to end customer delivery, including purchasing, inventory management, warehousing, shipping and even customer returns. All product-oriented businesses have logistics as a cost of doing business. Some may think it only applies to large businesses, but companies of any size can benefit from logistics improvements.
The good news is that any improvement in logistics you make results in savings in your cost of doing business. Best of all, these savings drop right to your bottom line as profits.
Some examples of how logistics can help your company include:
- Cost savings
- Reduced inventory
- Improved efficiency
- Improved delivery time, which improves customer satisfaction and can be a competitive advantage if your competitors can't deliver as quickly