Best Practices in International Logistics - What Sets the Winners Apart?
Logistics processes are gaining center stage as sourcing and manufacturing activities are increasingly being done internationally. Top ranking companies are cutting costs and improving service levels by transforming their global inventory control, transportation management and import-export process management. The winners of the best practices profile include IBM, Redback Networks, Black and Decker, Williams-Sonoma, Haworth, Royal Philips Electronics and Liz Claiborne. What made these organizations, the best practice winners? When asked, all of them gave a few common yet essential factors that contributed to this:
- Effectively evaluating technology and logistics service providers
- Creating a broad organizational support
- Aligning logistics strategies with corporate strategies
- Investing less capital in international logistics and at the same time providing service to their customers.
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