Achieving Revenue Gains from Distributed Logistics
The Value of Inventory Proximity to Customers
Gene Tyndall, President, MONARCHFx
Stephen Timme, President, FINLISTICS SOLUTIONS
Alex Baker, Vice President, MONARCHFx
Ever since its inception, supply chain management has largely been focused on cost and expense management, seeking methods to reduce the costs of logistics, transportation, warehousing, distribution, procurement, manufacturing, and all the other business processes that make up supply chains. Further, in recent years the costs associated with inventories (including working capital), fixed capital (facilities), and supply chain technologies have been measured and targeted for reductions. Since these processes and supporting investments were established as necessary functions of the enterprise, their operations were viewed as important for cost management.