Small Enterprise - October 2015

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When a large business needs to ship products, it can call upon massive land, sea, and air resources to move goods quickly and at the lowest possible cost. When a small business wants to ship products, it has to think smart and maneuver nimbly—or risk logistics spending spiraling out of sight.

Getting your product quickly and efficiently is a relatively easy task for larger companies with big budgets to match. But for an SME watching its spending, shipping goods by land, sea or air requires careful consideration to ensure costs remain manageable. So how can small businesses get the best deal and ensure their goods are delivered on time, safely and cheaply?

Many small businesses think they're not large enough to negotiate rates with the delivery services, but they can. How can they set up a delivery system which fits their company's budget? What should startups and SMEs think about when formulating their shipping policy? And how can they ensure delivery costs don't spiral out of control?

Getting the right logistical solution may be the differentiator that puts you ahead of their competition. The type of product they sell will determine whether they need to consider logistics companies that offer more than just the standard logistics and transportation services for an SME to meet their customers' demands. They will also need to consider the following to come up with a comprehensive and unique strategy for their business like - Transportation, Inventory Management, warehousing, Distribution, Material Handling and Packaging.