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4 Ways to Simplify Supply Chain Strategy for Your Business

4 Ways to Simplify Supply Chain Strategy for Your Business

Do you want to optimize your business?

Alone, this can be a tedious task. Equipment and supplies often put dents in your budget, and finding the right company for every one of your needs is tiresome, but the rewards that come with optimizing your business can make all the effort well worth it.

Minimize Manual Operations

Service delivery automation or SDA minimizes disruption and offers newer and more cost-effective benefits. It adds productivity and reliability. Operations that are automated help ensure that jobs are not run out of sequence or forgotten. This guarantees that all jobs will be completed successfully, that the input data is correct, and that any special processing is performed.

With this, keeping track of your inventory at any hour of the day is possible. The more people your business interacts with, the more your supplies will be touched. This can lead to unwanted confusion or misplacement. Whether you need to ship large loads, such as vehicle parts, or smaller loads, like yard-work equipment, the less interaction those products have with actual people, the better.

For example, many parts get lost during delivery, but to minimize this, try creating automated or timed services. This process will reduce the amount of traffic in warehouses and speed up processes.

Utilize Commercial Truck Leasing

When it comes to truck rentals, both flexible and cost-effective solutions are at your disposal. If your business needs to haul anything, there are companies that specialize in customer assurance and delivery.

No matter what your business specializes in, whether it be construction, engineering, or power, obtaining hassle-free vehicle rentals is an easy step. Economical and convenient flatbed or pickup truck rentals are at your fingertips. There’s no need to wait in line or even go to the rental company to pick up the vehicle.

When you’re searching for vehicles to rent, consider the vehicle’s mileage, gas consumption, high-risk versus low-risk vehicles, regulatory requirements, operating conditions, and tax options. While choosing a rental company for your needs, don’t forget to think about seasonal changes. It’s not unusual for your needs to go up during certain months throughout the year.

With increased business, it may mean you need to lease ten trucks rather than only four. That being said,, the company you choose to rent from may also be going through peak season. If they can’t supply the trucks, you’ll have to find a new company quickly. Planning ahead can save you the hassle when the time approaches.

Consider Third-Party Logistics (3PLs)

 Companies of various sizes increasingly rely upon third-party logistics (3PL) providers to manage supply chain functions, transportation, access capacity, and explore technology capabilities. This can create less work for you and your company. You can use them as an extension of your supply chain, or as you would any asset-based carrier who handles only specific lanes of business.

When exploring your options, take note of their specializations. Some 3PL services focus on warehousing, while others specialize in transportation. Remember to check their financial history and stability. When exploring the world of third-party logistic companies, be prepared to explain exactly what you’re looking for.

 A 3PL company can be helpful, but choosing the wrong one can affect your business negatively.

Enhance Technology

Since technology is so vital to most businesses, it’s important to create a budget for future upgrades. Leveraging the right technology to manage any shipments and connect your customers allows you to easily access and implement the best options.

Your technology platform should also offer your customers ease of use and configurable choices. It can be best to harness a single point of control for your customers when it comes to your technology selections.

Explore your previous investments and create an outline of eventual possibilities. With that outline, continue on to the next step of deciding where to go with what you already have. Maybe you’ll realize that there are two services you use that could be formed into one, therefore saving time and money. Various affordable bundle packages for technology are often readily available.

Going to the Cloud is an option as well. This is a convenient and cheaper way to organize everything you have, rather than buying a software license for each device. Should anything happen to your business, Cloud would be able to protect your data.

No matter what your business goals may be, offering accessible communication is important. You want to be visible at all times. To successfully manage shipments, it is essential that your system links shippers, suppliers, and carriers. Whether through the Internet or a different platform, customers need to see where their freight is every step of the way.

If you are just starting out in business, or if wanting to make your current endeavor better, it’s always a good idea to get the logistics down first. Finding out what’s best for your company can be chaotic, but there are others who can help. From choosing specific rental vehicles to building your online platform, your business can be successful. All you have to do is get started!



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by Sarah Saker // Sarah Saker is a business coach and freelance writer that specializes in helping SMBs setup processes for customer support and predictable growth. When not writing or coaching, Sarah can be found on her (small, but growing!) family farm. Connect with Sarah on about.me for coaching or writing help.

Opinions expressed by contributors are their own.