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respond to For this discussion I am focusing on the logistics strategy and the importance of it to the overall company performance. From reading the
respond to For this discussion I am focusing on the logistics strategy and the importance of it to the overall company performance. From reading the book it clearly shows how important having a good logistical strategy is to the company. I think you need to have a good Logistics strategy because it is all about finding the cheapest way to deliver a product but still doing it efficiently and keeping the product delivered on time. The book talked about how there are some companies that are outsourcing their Logistics departments to companies that specialize in the field. Saving the company money which in the end is the most important thing. An example the book gave was Ace hardware created an online system for individual stores to see if there is a cheaper way to order something. Because of this "Ace hardwares transportation costs are down 18% and warehouse costs have been cut 28%."(Wheelen) This really interested me so I tried to see how much this actually saved the company. From what I could find this move along with a couple others was able to save Ace hardware "over $18 million in transportation costs while also reducing lead time and inventory
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