CitySprint and Clean Air Day 2019 Top 4 logistical challenges that face small busine | Page 2
A streamlined logistics strategy is something every small business needs, but not many
have the time to master. As such, learning a few key principals could give you an
immediate advantage over your competitors. When it comes down to it, planning is the
key success factor in any logistics strategy; tracking the product journey from the point of
sourcing or manufacture, directly to the customer’s doorstep. When developing your own
logistics plan, you need to consider the following points:
● What is the lead time on preparing new stock?
● Where will you source product/materials from? (Or will you manufacture
independently?)
● If required, how will you get that stock to you, do you need to consider import
support?
● How will you ship products locally, nationally and internationally?
● Will you handle shipping internally, or via a third-party solution?
Combined, these factors all influence the order fulfilment cycle, which determines how
long it takes for deliveries to reach customers. By carefully planning each part of the
cycle, and comparing several options for each stage, you may be able to reduce delivery
time and even costs.
This planned approach is enough to build a solid foundation for effective logistics — but
deeper knowledge may be required in order to ensure a competitive execution. To help,
hiring an expert, such as a logistics manager, to join your team or working with a
third-party logistics provider could help you to elevate your service above the
competition.