Logistics consultancy Davies & Robson has produced a free pocket guide for companies seeking to reduce supply chain costs.
The booklet contains an action plan to help organisations reduce costs and to strengthen their position for the future. Davies & Robson chairman Brian Templar says: “Cost reduction – essential now – needs to be planned and managed in a sustainable way; a way which will strengthen rather than weaken long term competitive position.
“Businesses are not only at risk now but also will be when the situation eases, because that’s when leaner, fitter competitors will have the potential to out-compete weaker rivals.”
The guide cites key areas to target for cost reduction, including product and customer profitability, customer service, warehousing and transport operations, outsourcing arrangements, procurement practices and measurement and reporting.
“It’s easy to think in terms of pure cost reduction to mitigate the effect of recession, but in exactly the same way as you would in a growth phase, you should plan for reduced activity and re-engineer your supply chain accordingly,” adds Templar.
For a free copy of the guide, call 01327 349090 or email info@daviesrobson.co.uk