There are several methods to reduce transportation time in supply chain management. One method is to leverage local supply chains. This can reduce the time it takes to get finished goods to your facility, allowing you to acquire products in a matter of hours versus days or weeks. Another method is to integrate technology into your supply chain. This can provide visibility into employee behavior and help streamline processes. Additionally, maintaining strong relationships with key suppliers can also help reduce transportation time, as it allows for better negotiation and collaboration in times of crisis.
This question was asked on the following presentation:
Increase your organization's business efficiency, output level, and overall profitability with better supply chain management. Use our Supply Chain Ma...
Go to dashboard to download stunning resources
Download
Text this question was asked on:
Value relationships – ecommerce isn't the ultimate remedy, Hicks says. He stressed the importance of having relationships with the suppliers that are key to your business. "You need to be able to negotiate and collaborate with people in a time of crisis in order to brainstorm and adapt to the situation at hand," Hicks says. Leverage local supply chains – when life happens and disrupts your supply chain, the time it takes to get finished goods to your facility is crucial. To reduce transportation time and allow you to acquire products in a matter of hours versus days or weeks, Hicks recommends looking for local or regional sources. He says: "Local and regional distribution can (and should) still provide global reach and planning. Search out the providers who can manage and execute a supply chain on the local level." Integrate technology – technology can offer the necessary clarity in "fog of war" situations, Hicks says. Provide visibility into employee behavior when it comes to product...
Ask another question
PowerPoint
Google Slides
Apple Keynote