How to earn more with logistics
This Sargona blog article is primarily aimed at logistics managers or other types of companies that have a logistics department. Here you will find proven strategies to help you earn more from logistics, improve customer service and make your business niche dominant.
Increase revenue through computerisation
Attract more customers by improving service
- Increase revenue with demand forecasting analytics tools such as SAP Analytics Cloud or Tableau.
- Set up automatic replenishment of stock to meet demand. For example, with an inventory management system that analyses historical sales data.
- Set up order tracking systems so your customers can see where their orders are at all times. For example, AfterShip or Track-POD programmes provide real-time information on the status of packages.
- Use programmes to improve logistics processes. For example, IBM Planning Analytics - analyses information to identify problem areas in the supply chain and help optimise your company's performance.
How to deliver goods faster
- Plan the most efficient delivery routes to reduce transport time and costs. You can use programmes such as Route4Me or OptimoRoute. They can help you find the shortest and fastest routes. These programs take into account several factors: distance, travel time and number of stops to help minimise logistics costs.
- To improve route planning, use applications that take into account traffic and weather conditions. For example, you can use the Google Maps API to adjust routes in real time, and the weather forecasting site ventusky.com to avoid adverse conditions. All of this will help you avoid delays and extra costs, and maximise control.
- Try a cross-docking system. With this approach, you don't need transport or storage space. The vehicle carrying the goods from the supplier meets the customer's vehicle at a fixed location. All you need to do is synchronise the delivery and control the transfer from one vehicle to the other.
- Use transportation management software. For example, SAP Transportation Management. It provides tools for selecting carriers, tracking shipments and calculating shipping costs. This will help speed up operations and reduce errors.
- If you have a large logistics operation, you can purchase robots to pick orders and prepare them for shipment to customers. This will help you save on labour costs for order pickers.
How to optimise warehouse operations
- Implement systems to track your stock so that you always know what and how much you have in stock. This will help avoid situations where there are too many or too few items.
- Use the just-in-time (JIT) method. The idea is to get goods from suppliers only when you need them, minimising stock levels.
If you are considering changes to your business, Sargona's experts can provide professional advice and work with you to find the best way to optimise your business performance. Contact us here: https://sargona.gr/en/contacs
What's the best way to manage stock?
