Startups and Small Business – Having Trouble with your Logistics?
Image Credit: Fatos
Tips and tricks for successful logistics
You’re running from your warehouse to your office, recalculating your inventory every few days, losing records of your order… Logistics management can definitely be challenging. What you need is a proper plan — one which will improve your logistical efficiency and eventually, profit growth and better customer relations.
If you don’t already have a cohesive workspace (you should), it’s time to switch things up: consider renting a conducive yet affordable space at Work+Store, where tenants not only get a proper environment to work in, but have access to their storage space in the same unit.
- Review storage options
Pay your current warehouse a visit and analyse the space. Is it enough? Is it not fully used? Maybe you’re paying for more storage space than you actually need.
Invest in shelving units or install wall racks — you’ll realise you don’t need a huge warehouse to begin with! Save costs on smaller storage units instead, like the ones at Work+Store.
Space wastage isn’t an issue at Work+Store, where you’ll get to rent affordable storage spaces (of a size you actually need) and maximise it.
- Consider automated systems
Another way to ensure your business logistics is more efficient is to engage automated systems. A logistics management software — one which tracks delivery, reports raw costs, has access to freight data — would give you a clearer overview of warehouse management, supply chain management, order tracking, inventory management, and accurate delivery of customers’ orders. Affordable and reliable warehouse management softwares are available online, like those on Shopify.
- Have a contingency plan
Accidents are unavoidable. To be safe, always have a contingency plan ready for action. Include a “Plan B” in every step of your logistics plan, then troubleshoot when the time comes. Also, use your backup plan only when necessary — sometimes, it may be wiser to stick with your original plan, but that’s something you’ll come to learn through years of experience.
- Hire a logistics manager
Don’t underestimate the importance of a logistics manager. A good logistics manager is one with high interpersonal skills — one who is calm, confident, and a good communicator. It’d be even better if they had a wide network of contacts in the industry.
- Learn from your mistakes
Your business journey won’t be a smooth ride for sure — the road to success is bound to be rocky. But no matter how poor your logistics management may be or how many bad decisions you’ve made, it’s important to learn from your mistakes. Gather your team to discuss what went wrong and what should be done to prevent these situations from happening again.
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