Strategies for Minimizing Logistics and Supply Chain Transportation Cost (Update version 2024)
The best way to minimize transportation cost is providing a good customer experience for cargo owners and trading patterns. In this case, business tycoons try to create a consortium of buyers to purchase the necessary logistics supplies at a lower cost due to buying in larger quantities through invitation of suppliers with a structure agenda at their facility. Key areas where cost can be reduced in transportation of cargo are consolidation, investment in technology and collaboration with cargo carriers. Cargo consolidation, investment in technology and collaboration with cargo carriers is great way to optimize shipping operations , reduce costs, and increase customer satisfaction.
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Udonwa, E. (2024). Strategies for Minimizing Logistics and Supply Chain Transportation Cost (Update version 2024). Afribary. Retrieved from https://afribary.com/books/strategies-for-minimizing-logistics-and-supply-chain-transportation-cost-update-version-2024
Udonwa, Ekerete "Strategies for Minimizing Logistics and Supply Chain Transportation Cost (Update version 2024)" Afribary. Afribary, 20 Jan. 2024, https://afribary.com/books/strategies-for-minimizing-logistics-and-supply-chain-transportation-cost-update-version-2024. Accessed 24 Nov. 2024.
Udonwa, Ekerete . "Strategies for Minimizing Logistics and Supply Chain Transportation Cost (Update version 2024)". Afribary, Afribary, 20 Jan. 2024. Web. 24 Nov. 2024. < https://afribary.com/books/strategies-for-minimizing-logistics-and-supply-chain-transportation-cost-update-version-2024 >.
Udonwa, Ekerete . "Strategies for Minimizing Logistics and Supply Chain Transportation Cost (Update version 2024)" Afribary (2024). Accessed November 24, 2024. https://afribary.com/books/strategies-for-minimizing-logistics-and-supply-chain-transportation-cost-update-version-2024