Written by Ryder Supply Chain Solutions
Today’s complex supply chains require applied knowledge – not just on the inner workings of the supply chain itself – but also with big-picture insight into the impact that changes in one area of the supply chain will have across the network.
It Takes Expertise in Logistics, Industry & Execution
Whether you’re managing your own supply chain or relying on a qualified third-party logistics provider (3PL), excellence in operational execution depends to a large extent on functional expertise. And that’s not just in supply chain activities like distribution and transportation management, cross-docking and network design, but also in areas specific to your industry.
For example, truly optimizing a supply chain means understanding your requirements, drivers of profitability, and challenges and trends specific to your industry segment. With in-depth functional and industry-specific expertise, you can better synchronize supply and demand to optimize the flow of goods across the network.
If you’re working with a 3PL to optimize your supply chain, it’s important to make sure your logistics provider has deep expertise and years of operating in your industry group; preferably developing solution sets that are scalable and repeatable across similar companies in the same market.
For example, Ryder has deep expertise in four key industry groups
- Automotive
- High-tech/electronics
- Retail
- Consumer packaged goods
Case in point, consider the food and beverage market. Our customers’ supply chains must be able to accommodate rigorous shifts in seasonal demand, special promotions and new product launches.
To help consumer packaged goods clients compete, we provide sophisticated source-to-shelf solutions that streamline the entire process. Those solutions include more than 15 million square feet of specialized distribution space, including packaging and temperature-controlled facilities.
Do you – or does your 3PL – have the depth of expertise it takes to truly optimize your supply chain for the unique challenges and requirements of your industry? Leave us a comment to discuss or ask questions!
Learn more about how deep expertise in supply chain optimization can help you drive improvements. Look for the next post from Ryder Supply Chain Solutions, which considers the importance of resources and capabilities in taking your supply chain to the next level.
