Attributes of a LSP. LSPs review their business strategies on a periodic basis, to identify how they may gain a larger share of clients’ logistics services spend. The previous blog contained a table that identified seventeen different business types operating within the Logistics Services industry. These illustrate the many options and potential opportunities available for LSPs to grow their business. The Logistics … Read More
Logistics Services Providers scope in a Supply Network
Logistics Services Providers. To the general public, reading the word Logistics written on the side of a truck means that the ‘logistics industry’ is only concerned with trucks. This is far from the truth. The more descriptive term is ‘logistics services industry’, which differentiates services from the logistics activities of shippers. This term will encompass a range of businesses that … Read More
Use a matrix to structure your Supply Chain strategy
Supply Network strategy. To identify the critical issues in developing a strategy requires systems thinking, intuition and insight. There are three levels of strategy for an organisation: For large diversified businesses the corporate strategy concerns: the type of business(es) in which the organisation operates; where the business will operate; acquisition and divestment policy and the allocation of financial resources among business … Read More
Sustainability built into your Supply Chain Strategy
Sustainable Supply Chains. At the current rate of consumption and disposal of products and with an increasing consumer population, to meet the demand for resource intensive products by 2030 (only 12 years hence!), could require more raw materials than what is available – is this situation sustainable? David Yeo, a LinkedIn reader of Learn About Logistics, has provided a comment … Read More
Developing a strategy to change your Supply Chains
Steps in developing the strategy. Positioning Supply Chains to be a strategic part of an organisation will take a number of years. A strategy document addressing change in Supply Chains will therefore be a guideline that requires an organisation wide agreement concerning ‘what is to be achieved’? The extended timeline is because if too many projects about ‘new ways of … Read More