With the current economy, budgets are tight. Instead of spending any of the extra incoming revenue on redesigning their supply chains, businesses shelve it. Supply chain redesigns are time-consuming, expensive, and have some potential drawbacks. Regardless, managers and owners need to recognize that exhaustive supply chain analyses can save from 12-20% of total transport and warehousing costs.
For that reason, supply chains should put a higher priority on doing a supply chain redesign, but how do you know if yours actually needs one? In the link at the button below, find 7 ways to know if your supply chain needs rethinking and alternative network configurations.
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