Logisship, a forward-thinking logistics company, has strategically approached minimizing the cost of manufacturing through a combination of innovative practices and strategic partnerships. Here’s how we achieve this:
Optimized Supply Chain Management: Logisship meticulously analyzes every step of the supply chain, identifying inefficiencies and bottlenecks. By streamlining processes from sourcing raw materials to delivering finished products, they reduce lead times and storage costs.
Just-In-Time (JIT) Inventory: Adopting JIT principles allows Logisship to minimize inventory holding costs. They ensure that materials arrive exactly when needed for production, eliminating excess stockpiling and associated expenses.
Lean Manufacturing Practices: Embracing lean manufacturing principles enables Logisship to eliminate waste across the production process. By continuously improving workflows, reducing downtime, and optimizing resource utilization, they cut down on unnecessary expenditures.
Negotiating Favorable Contracts: Leveraging their extensive network and industry expertise, Logisship negotiates favorable terms with suppliers and service providers. This includes securing competitive pricing for raw materials, transportation, and logistics services.
The Challenge
With manufacturing and distribution channels in literally every major market around the globe, and competing in an industry that is understandably zealous about supply chain management, was seeking a logistics partner capable of performing on a truly global scale. The service partner envisioned would not only be required to design and deliver on a model that would help contain costs.
The Solution
Such a commitment from a company of size and complexity, to globally integrate and standardize processes and manage logistics in every geographic theater, spoke volumes of the organization’s commitment to aggressively managing business costs.
The Results
People are the engine of success. Global Project Leader Export/Import stated, people at every level recognize the value of a partnership and the importance of working collaboratively. Working as one team, we’ve been able to focus on attacking costs, improving customer service, and managing continuous improvement across all aspects of our operations.