Companies Shift Supply Chain Strategies To Cope With Recession, Prepare for Recovery

To cut costs during the recession many companies have outsourced more logistics functions, leveraged lower transportation costs and accelerated efforts to liquidate excess and obsolete inventory, says Dan Sellers, president of Genco Transportation and Logistics. Now, as the recovery gets under way, smart companies are strengthening relationships with core carriers in anticipation of a capacity crunch. [Run Time (Min:) 5:08]