Whether you manage your logistics yourself, or you outsource part or all of the job to a third-party logistics provider, the goal is to improve your agility – the speed at which your business can respond to changes in consumers’ desires and in the business environment.
Industry Canada offers a toolkit for logistics and supply-chain management. The kit outlines some of the main cost categories of logistics and supply-chain management, and it provides data to help users benchmark their logistics performance for their particular industry.
You can begin to make your business more agile by examining the different aspects of logistics planning, and seeing where you can implement changes. Then you can use the principles of operational efficiency to reduce waste wherever possible. You may wish to hire an external consultant to review your business processes from a fresh perspective.
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