Supply Chain Management (SCM) is an increasingly important source of competitive advantage. Reduction in inventory, especially high value inventory is a critical issue and a key area where market leaders excel. Efficient supply chain design increases customer satisfaction and saves money by reducing inventory holding costs, speeding inventory turnover cycles, reducing operating costs, and reducing order handling and mailing costs. Given that logistical costs can typically constitute 10% to 30% of the total landed cost of an international order, the importance of SCM is clear.
As supply chains have become more globalised, the skills and resources required to manage these systems have become more sophisticated. Not surprisingly, the global logistics market has seen consolidation among Third Party Logistics Providers (3PLs) into bigger and broader brands, with a stronger mix of capabilities and services.
GHK’s expertise in ports, airports and related logistics, has ideally positioned it to provide a range of services to clients seeking a wider picture of SCM, whether it be advising government agencies how to enhance their territory’s competitiveness for Regional Distribution Centres (RDCs), or informing the investment decisions of a logistics facilities infrastructure fund.