Ways to reduce supply chain cost

Nov 8, 2016 4:53 am

Hi all,

I was just doing a small research online about the supply chain management, and supply chain costs. One of the best ways to improve your corporate bottom line is to get supply chain cost under control. And there are many way to reduce supply chain costs. Found an interesting blog giving 10 ways to reduce supply chain cost, http://www.3pllinks.com/10-best-ways-reduce-supply-chain-costs/. And accordingly, by making better use of space, having good packaging, having monitor customer demand, just in time inventory management, measuring performance are some of the ways to make this happen. So, it is definitely possible to reduce the supply chain costs, and you could be very well be away from running an efficient supply chain.