Consumer goods suppliers identify $3 million in potential annual savings
Report highlights executives' focus on direct store delivery processes.
in the NewsPanjiva reports May has a bounce back month for global trade activity Where are West Coast ports at moment of truth for SOLAS? project44 heralds API transaction milestone FTR’s Shippers Conditions Index hits a five-year high, but 2017 concerns loom Weekly diesel price average remains unchanged More News
A new report from Honeywell has found that millions of dollars can be saved by evaluating and improving direct store delivery (DSD) operations – namely the way that products are ordered, sold, delivered and merchandised.
“We saw a need for additional information and released this study to focus specifically on DSD,” said Brian Schulte, industry director for direct store delivery for Honeywell, in a recent interview. “In looking for confirmation about whether DSD as a model continues to be important, the message came through strongly; many customers see the value in staying close to the consumer from a competitive standpoint.”
The report contains feedback from 350 C-level consumer goods executives and directors from across the globe. Results indicate that 49% of organizations feel increased transportation costs have severely impacted profit margins in the past 12 months. But those organizations that have carried out process evaluations in the past year to improve their DSD processes have cut, or expect to cut, costs on average by $734,000 annually.
Click here to read the full story on the Modern Materials Handling website.
About the AuthorJosh Bond, Contributing Editor Josh Bond is Senior Editor for Modern, and was formerly Modern’s lift truck columnist and associate editor. He has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce University.
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
WMS Update: What do we need to run a WMS? Supply Chain Software Convergence: Synchronization Realized View More From this Issue