Although many distributors undervalue logistics capabilities, an efficient strategy can increase profitability and market share, while helping to fend off competition and improve customer satisfaction, according to industry executives in Cut Costs, Keep Customers with Logistics.

“You’ve got to be good at logistics,” says Jack Ampuja, president, Supply Chain Optimiz­ers. “If you’re not efficient at that, how do you stay in business? If you’re not efficient at mov­ing the stuff and getting it to the right place at the right time, how can you compete?”

Achieve logistics efficiency by partnering with a trusted third-party provider, hiring the right in-house talent, incorporating lean principles – or some combination of these and other practices.

You also should regularly evaluate logistics processes to stay ahead of the competition and take advantage of any new technology available.

Read more about the benefits of logistics efficiency in Cut Costs, Keep Customers with Logistics.