Is It Time for a New Network Strategy?

If you have not evaluated your network strategy lately, you are likely sacrificing service to customers, or spending too much money.

A successful supply chain network design gives companies a competitive advantage, pinpoints ways to significantly reduce costs, improves service levels, reduces overall cycle times, streamlines all processes and systems used, and more.

With ample benefits, a new network strategy is something all businesses should consider, but when is it truly necessary to reevaluate an existing plan? There are six questions you should ask to find out, including:

• If you're a retailer, did you recently implement a ship from store strategy?
• Have you recently reassessed your inventory flow path?
• Has it been five years or more since your last network strategy was implemented?

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