Identifying and solving common supply chain headaches
Few things are as stressful as managing a supply chain that feels perpetually out of sync. Whether you’re facing unexpected delays, inventory shortages or unpredictable costs, worries about your operations can often leave you staring at the ceiling, running through a list of possible solutions.
If this sounds familiar, you’re not alone — and there are strategies to help regain control.
Thinking these thoughts? It might be time to adjust your strategy
Managing a supply chain comes with its share of complexities, but certain problems could signal a need to rethink your approach.
“I’m under pressure to reduce logistics costs”
Balancing transportation fees, warehouse expenses and operational costs is no small feat. Small inefficiencies — like using the wrong shipping mode or overpaying for underused warehouse space — can quickly add up. However, without a solid strategy on where to trim costs, businesses could unintentionally reduce service quality, which can lead to unhappy customers and lost business.
- Potential solution: Your shipping data likely holds the answers you need. For example, analyzing your freight costs might reveal lanes where consolidating shipments could save money. Partnering with a logistics provider that offers technology-driven insights is a great way to uncover optimization opportunities.
“Regulations are overwhelming”
From industry-specific requirements to cross-border processes, staying compliant with supply chain standards can be a full-time job. But failing to do so can lead to fines and disruptions.
- Potential solution: Partnering with a logistics provider can help simplify the process. Look for a company that can help you keep up with changing regulations, generate necessary documentation and streamline processes like customs clearance.
“My team spends too much time managing shipments”
This could stem from manual processes, lack of visibility or tools that don’t fully integrate with your workflows. Whatever the cause, it’s critical to make changes that improve your team’s efficiency and focus.
- Potential solution: Work with a carrier that offers a digital shipment visibility platform that consolidates all your data into one easy-to-use place. Look for options like real-time tracking and reporting capabilities that free up your team to focus on higher-value tasks.
“We’re losing money to freight damage and loss”
These issues can hurt your bottom line, especially if they result in product replacements or unhappy customers. Poor handling, inadequate packaging or inexperienced carriers can contribute to these issues.
- Potential solution: Reevaluate your packaging standards (especially in the LTL environment) and consider working with carriers known for handling your type of goods. Implementing standard operating procedures can also reduce risks and improve overall shipment quality.
“Our current operations can’t scale with our growth”
Business growth is exciting, but it often exposes inefficiencies in your supply chain. If processes aren’t optimized, it can lead to bottlenecks that can limit your ability to scale.
- Potential solution: Work with your logistics provider to design a scalable system that ensures you can handle increased demand without compromising service quality or adding extra stress to your team. Managed solutions may also be a good option in this case — you can offload day-to-day management while your team focuses on other tasks.
Curious if managed is right for you? Check out these other signs that you could benefit from this solution.
“Product returns are too difficult (or expensive)”
This can be an overlooked aspect of supply chain management, but it’s critical for keeping things flowing smoothly. A difficult returns process can lead to higher costs and customer dissatisfaction.
- Potential solution: Implementing a streamlined reverse logistics system helps reduce costs and provides a better experience for both your business and your customers.
Say goodbye to sleepless nights
Supply chain challenges can feel overwhelming, but you don’t have to tackle them alone. By identifying root causes and implementing targeted solutions, you’ll not only regain control but also position your business for long-term success.
Every problem has a solution — and ArcBest can help you find what works best for you. Contact us for a supply chain analysis to get started.
Have other freight needs? Explore all ArcBest solutions.