Roy Strauss, president of The Strauss Consulting Group, LLC www.scg4u.com has been helping companies increase their profitability and competitive edge by improving customer service while reducing costs since 1983. SCG has expertise in all aspects of supply chain including space/ layout, software, automation, equipment, sta ng as well as the complete design and implementation of distribution and manufacturing centers.
WHAT IT IS
In the life cycle of any business, conditions change. Acquisitions and divestitures of products and product lines occur, new products and services are developed, the customer base changes, and distribution philosophies change (centralisation vs. decentralisation, for example).
In some cases the introduction of new technology results in the need for an increase or decrease in space.
As a result of these changes, management often faces the need to expand or consolidate facilities. The process of deciding on proper sizing for a distribution center is complex, and a disciplined analytical approach toward making these decisions is required.
WHY IT IS NEEDED
Companies consolidate their available distribution space when the space required to house inventory is reduced by the divestiture of product lines, better planning, changes in product characteristics, changes in business philosophy, or lost business, etc.
Companies expand their space requirements due to business growth, acquisitions, additional product line development, changes in business philosophy, and the implementation of new technologies.
THE PROCESS STEPS
This story is from the June 2018 edition of SME Magazine Singapore.
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This story is from the June 2018 edition of SME Magazine Singapore.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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