The various ways which contribute to reducing logistics and supply chain cost are: 

(i) Optimise Inventory Levels: Maintain optimal inventory levels to avoid overstocking or stockouts, which can lead to unnecessary storage costs or lost sales. Utilise demand forecasting, just-in-time inventory management, and inventory optimization tools to streamline inventory levels.

(ii) Streamline Warehousing Operations: To streamline your warehouse operations is to automate your processes as much as possible. Automation can help you eliminate manual tasks, reduce human errors, and enhance accuracy and speed. By automating your processes, you can save time and money, improve quality and safety, and meet your deadlines faster.

(iii) Utilise Technology Solutions: Technology solutions are programs or services that provide technology to internal or external clients in various areas, including software, business and systems analysis, cybersecurity, data analysis, or network infrastructure.

(iv) Supplier Collaboration and Negotiation: Supplier collaboration occurs when a business engages with vendors within a supply chain, integrates them into its processes, and aligns them to core business goals.

(v) Optimise Packaging: packaging optimization” is a process that utilises smart packaging. This refined method of packaging is designed to safely contain, protect and communicate the specific contents of your packaging as your products travel through the various handling processes within the supply chain.