Secrets Your Supply Chain Doesn’t Want You to Know (But We’ll Tell You)
When it comes to managing supply chain costs, we’ve seen firsthand how small changes can make a big difference. At L&M, we don’t just move boxes—we help businesses rethink how they handle logistics to save money and run smoother. Here are a few smart ways we’ve helped our customers cut costs (and how you can too):
1. Know the Real Cost of Delivering Goods
It’s easy to focus on one piece of the puzzle—freight rates or packaging costs—but the real savings come from understanding the total picture. We work with our partners to uncover hidden inefficiencies, like overlapping vendors or outdated processes, and tackle them head-on.
2. Use Technology That Works for You
An advanced order management system (OMS) isn’t just a fancy tool; it’s a game-changer. Automating things like order routing and carrier selection has saved our customers both time and money. The good news? You don’t need a massive IT overhaul. Start small and build on it—it pays off.
3. Build a Real Partnership with Your Warehouse
A good warehouse isn’t just a storage space; it’s a strategic partner. At L&M, we’re always investing in tech and processes to help our customers grow. Got big plans for next year? Let your warehouse team in on it. Things like regional carriers or automation only work when we’re all on the same page.
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4. Get Smart About Inventory
Too much inventory, and you’re paying for space you don’t need. Too little, and you risk losing sales. We help customers strike the perfect balance with smarter forecasting and just-in-time strategies. It's not magic—it’s good data and common sense.
5. Simplify Where You Can
Here’s an easy win: Simplify your SKUs and packaging. Generic packaging, fewer packing slips, and cutting down on underperforming products can save time and money without hurting your brand. Less clutter, fewer headaches.
At the end of the day, managing costs isn’t about cutting corners—it’s about working smarter. If you’re ready to take your supply chain to the next level, let’s talk. At L&M, we’re not just here to store and ship; we’re here to help you succeed.