What do you do if your logistics management network lacks diversity?
Logistics management is the process of planning, implementing, and controlling the efficient and effective flow of goods, services, and information from the point of origin to the point of consumption. It involves coordinating and integrating various activities across the supply chain, such as sourcing, transportation, warehousing, inventory, distribution, and customer service. A logistics management network is a system of relationships and interactions among the different actors involved in logistics, such as suppliers, carriers, intermediaries, customers, and regulators. A diverse logistics management network can offer many benefits, such as increased innovation, improved performance, reduced costs, enhanced customer satisfaction, and greater resilience. However, building and maintaining a diverse logistics management network can be challenging, especially in a dynamic and competitive environment. What do you do if your logistics management network lacks diversity? Here are some strategies that can help you address this issue and improve your logistics management network.