OPTIMIZING THE SUPPLY CHAIN WITH LOGISTICS INDUSTRIAL CLUSTERS

24October 2024
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In the context of globalization and the growing wave of FDI investment in Vietnam, the Logistics Industrial Cluster (LIC) model has proven effective, not only in meeting production and distribution demands but also in optimizing the supply chain for businesses.

Modern logistics infrastructure: Logistics industrial clusters are developed with integrated infrastructure and modern logistics systems that can minimize supply chain management risks, such as transportation delays, inefficient inventory management, or high operating costs.

Shortened supply chain timeline: Being part of the same ecosystem reduces the physical distance between stages in the supply chain, leading to shorter transportation times and significantly lowering CO2 emissions.

Logistics cost optimization: Businesses located within logistics industrial clusters can easily share infrastructure and support services, significantly reducing transportation, warehousing, goods handling, and inventory management costs.

Improved production and distribution efficiency: Companies can share facilities, warehouses, transportation services, and advanced logistics management systems, enhancing efficiency from production to distribution.

Sustainable development in logistics industrial clusters: The linkage between companies within the LIC ecosystem helps businesses expand their markets, increase competitiveness, and create sustainable industry clusters that contribute to local socio-economic development.

Learn more about the LIC ecosystem at: www.westernpacific.com.vn

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