V-Logistics

It’s clear to see that smartphones are taking the world by storm and the logistics industry is no different. There are a wide range of apps out there to track parcels live, while many taxi companies will provide smartphone users with their location so you can find them quick and easily.

Many transportation companies are looking to app development, but the major corporations are already there. Tracking really has never been easier, and there are many specialist app creators who focus on tracking applications in particular. Their services are well suited for any company with a fleet of vehicles, whether that’s a florist delivery company or a local takeaway.

Smartphones are at the centre of many people’s lives and it looks as though they’re going to be the way forward for many logistics companies. Actually, they already are!

Google has not only re-defined the way that human beings seek information, interact with organisations or browse the web. They are always pushing the boundaries in terms of products and service offerings. With that being said Google have expanded their service offerings in West LA and Manhattan to compete with the likes of Amazon in terms of same day delivery for extended customer service.

The service is called Google Shopping Express that was originally pioneered in San Francisco in 2013. It originally is a service that is free for the first 6 months then will be a fee of $4.99 per store to pick up. for this service Google will happily go to your store (including big retailers) and pick up your items then have them dropped off at your home (or whatever obscure location you are in) within a few hours. This is in efforts to compete with the likes of Amazon and their already established fulfilment centres in the US.

Logistics can be seen as a step to enhancing your business more efficiency and essential take the delivering of your goods into your own hands. Not many small businesses have the advantage to be able to incorporate a logistics strategy into their business operations and it can certainly prove to be a powerful tool when it comes to dominating competition.

Businesses can cut costs as they’re not using third party mail providers while speed and precision can also improve with a logistics solution. It’s all about simplifying your stages and processes for your customers when it comes to logistics, and a solution can be as advanced as you want it to be, but either way it will always be a step forward in terms of decision making and taking full control of your business.

You may then begin to use environmentally friendly vehicles and packaging and that can only benefit your business in terms of attracting customers. There’s definitely a certain advantage in power when it comes to a logistics solution, especially when you’re competitors are not able to offer their customers the same type of solution.

Logistics strategy is defined as the act of evaluating most cost effective way of distributing products to the market while achieving the service level objectives. Companies should be aware that logistics strategy may be location-specific, product-specific, customer specific and that the supply chains for the industry are evolving and dynamic. In order to obtain supply chain excellence, it’s very important to continuously evaluate all alternative cost-cutting strategies which enable competitive advantage.

Some examples include;

1. Fast / slow Does the company have an established logistics strategy to adequately handle the fast moving goods differently from medium and slow moving goods? Within the distribution center(s),etc?

2. DSD / Non-stock

Does the company have an understanding of all the lost profit opportunities and cost components for the goods that are deemed ’non-stock’’ or ’’ Direct store Delivery’’?

Is there an established logistics strategy that delineates clearly when a product should be inventoried?

3. Third party services

Does the company need to operate its distribution facilities or would it be better to have 3rd party providers manage all or some aspects of its logistics functions?

4. Inbound Logistics

Are there any opportunities to reduce the landed cost of products through a better inbound logistics strategy such as backhauls, reduced handling, load consolidation, etc.?

5. Outbound Logistics

Are there any opportunities to cut down the outbound transportation costs either through better private fleet routing,load consolidation opportunities etc.?

Regardless of your company’s size, supply chains are very complex and transcend many departments within the firm. In order to make the best decisions for your customers and your business, it’s advisable to hire a good supply chain consulting firm to provide value by carrying out unbiased evaluation of all statistics and facts behind your enterprise.

Business is the base for financial stability of more than one person. Be it the company owner, or the person employed, every person is wrapped in the business owns unchanged economic condition. So one has to be very aware of the business strategy implemented to flourish the business and provide much more employment.
The word logistics strategy is coined to the action of strategically managing each sector of the concern organizing to yield high monitory output. Developing a logistics strategy one must be keenly concerned about constantly evolving supply chain and highly technologically evolving world. Developing a logistics strategy includes steps like Strategy, Structure, Function and implementation. The steps concerned are extremely dependent on climatic, geographical and economical of the specific reason.

Developing a logistics strategy and its productive execution is a necessary for a business to keep up its customer service invariable and flourish the business economically as well as strategically despite the constant changes in the supply chains.