Keeping Your Logistics Budget Lean

As many companies come out of the summer, they’re looking at ways to cut costs and keep budgets in check. That often means reviewing absolutely everything, including the logistics budget. Fortunately, there are several things you can do to save some money without damaging your services. Take a look.

• Lean Inventory May Not Be Right For You: Almost any blog about the costs involved with logistics will tell you to go lean when it comes to your inventory practices. For most companies, though, that’s simply too impractical. It can be ideal, but it can also lead to increased transportation costs. The key is to stay as lean as you can without increasing costs in other areas.
• Trust Your Operational Team: You’ve created a great team, now trust them. While the knee-jerk reaction may be to limit purchasing power and dump the overtime, the simple reality is that your operational team knows what decisions need to be made. Motivate them to help you, and you’ll get the results you want.
• Create a Better Logistical Schedule: Unexpected costs may mean increased costs, and planning your logistics effectively can help put a stop to those. Know what might be coming, then you’ll be able to budget for it.
• Find a Partner: Working with Performance Plus Logistics means the best way to get a more competitive rate. We can meet all of your logistical needs and help you keep your budget under control.