Logistics best practices become more important

Technology Briefing -- Supply Chain Management Review, 2/28/2008 7:18:00 AM

According to a report from AMR Research Inc., logistics best practices are becoming more important than ever in building successful supply chains. The report asserts that improved logistics performance and practices will help drive revenue, improve service levels, reduce costs and improve working capital. Here are the four best practices that bring the highest level of improvement in logistics operations:

• The logistics network must be agile, aware of changing demand and able to adjust
• Smart logistics partnerships can help differentiate products and services, while reducing costs
• Efficient global movement of the supply chain product relies on logistics
• Logistics decisions should be core elements in making the tradeoff of cost versus service