FedEx’s David Poole discusses how a supply chain becomes too long and too complicated, and what steps you can take to ensure your business doesn’t suffer because of too complex a supply chain.
When transporting goods domestically or internationally, a streamlined supply chain is important to helping a company grow and succeed. That being said, logistics is more than simply transporting goods from A to B and businesses of all sizes, often find this process complex. Logistics is a solution for bringing real value to a supply chain, ensuring the right product arrives at the right place and at the right time. It is about access; access to a solid integrated supply chain, access to new markets anywhere in the world and access to new revenue streams. it’s about maximising your business? potential in the complex marketplace we live in and there are numerous elements involved to help micro businesses achieve this.
Globalisation may have diminished the relative distance between nations, in an abstract sense, but physical distance is still a reality for businesses looking to transport goods and is why an efficient supply chain is ever more important. As a micro business owner, there’s a world of opportunity in today’s international marketplace, as businesses are no longer disadvantaged by size or economy of scale. Yet, with any sized business, meeting increasing international demand can place a strain on operations and is why delivery and an emphasis on streamlining each stage, so supply chains do not become too complicated is hugely important.
I’ve compiled three simple ways to help your business streamline its supply chain:
(1) Improve your visibility
Visibility is fundamental to operations when it comes to sending time sensitive goods, so make sure you take advantage of a range of tracking options. In order to meet increasing customer demand, it’s important to monitor and track your shipments throughout each stage of the supply chain to their final destination. Utilising such tracking services will notify you of any potential delays before the customer does, and enable you to keep them updated on the situation. This is an essential aspect of avoiding any potential disappointment and ensuring repeat custom.
(2) Label it right
David Poole is managing director of sales, UK South at FedEx Express and FedEx UK. FedEx Express is the world's largest express transportation company, providing fast and reliable delivery to every US address, as well as more than 220 countries and territories.?