Title: Manufacturing & Distribution Consultants (1)
1Leveraging supply chain solutions give businesses
the edge
2The importance of a dynamic supply chain
network A business needs a dynamic and flexible
supply chain network to compete in the global
marketplace. Such a network empowers businesses
to
Be Agile Capitalize on innovations Seize new
market share Reduce cost Respond better to the
changing demands of its customers and unforeseen
disruptions in the marketplace. Gain a
competitive advantage
3A companys supply chain has to address several
severe challengescost reduction, predictable
risk management, flexibility, and customer
service levels. Growth is difficult to achieve if
its supply chain fails to address such challenges
effectively.
4Many businesses fail to realize the numerous
advantages of putting a highly responsive and
high quality supply chain in place. These
organizations are slow to respond to innovations,
technological disruptions, and changes in demand,
competitive pressures and customer preference.
Aged supply chain processes dont provide
management teams with the required information to
properly run the business and require much higher
levels of operating capital in the form of
inventory that could be used for RD, launching
new products, acquisition and other business
activities that accelerate growth and increased
profitability Because of this they remain stuck
in a rut.
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6These issues are prevalent in middle market
companies because of their inability to hire and
retain employees who have the sufficient skill
sets necessary to implement complex supply chain
systems and develop the appropriate supply chain
strategies.
7As a result, they should consider turning to
outside consulting groups who specialize in
planning and developing supply chain strategies
that are focused on supporting the overall
business strategy.
How supply chain consultancies become an asset
for organizations that wish to create, recreate,
or renovate their supply chain networks?
8To be precise, a supply chain consultants will
enable clients to deliver high performance by
working with their existing team to revamp their
respective supply chains. Some of the key
benefits, which a business can experience by
hiring a specific consultant, are mentioned below.
Some experienced, knowledgeable consultancies
design a special assessment program that enables
them to check the efficacy of a companys
existing supply chain. This process gives the
company a basic roadmap for designing the
appropriate supply chain strategies. A well
designed assessment program will have the
following focus to gauge an existing supply
chains performance
9- Strategic objectives
- Market value drivers
- Quality
- Vendor commitment
- Deployed working capital
- Responsiveness
- Organizational design and skillset
- These consultants have a singular aim of
improving the existing. For that reason, they
work alongside a client to rethink and redesign
its
- Product designing processes
- Product portfolio management processes
- Material acquisition methodologies
- Product- or service-delivering strategies
- Inventory management practices
- Vendor management
- Global distribution strategies
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11- Supply chain management solutions, generally,
comprise designing solutions that transform the
capabilities of an existing network. Such
transformation takes place when
- Global operations are optimized
- Operating models are aligned to business
strategies - The skills of a supply chain workforce is
enhanced - Management dashboards are in place to monitor
performance objectives
12Because of these reasons, every company (which
plans to streamline and improve its supply chain
and network workflows) should leverage the
services offered by an experienced supply chain
consulting company. Such companies boast the
capabilities and special insights that make a
supply chain not only a technical process but
also a competitive edge for a business.