How would you reduce distribution costs?
When it comes to reducing distribution costs, there are several areas to focus on, including inbound and outbound freight costs, storage costs, indirect costs like energy and customs duties, and direct manning costs. Reducing these costs is essential to saving potential revenue and contributing to the overall profitability of the business. There are several strategies that can be employed to reduce distribution costs, such as optimizing the transportation network, negotiating with suppliers for better rates, implementing automation technology, and improving inventory management.