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- Supply Chain Management
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416 832 4961
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SUPPLY CHAIN MANAGEMENT
Managing your supply chain effectively can help avoid things such as shortages and improve aspects such as shipping and delivery times. Implementing appropriate supply chain management solutions can really improve end to end processes on even the highest of scales.
One of the more notable integrations when discussing supply chain management correlates to having centralized data collection and a proficient analyzation system. Streamlining through these systems can help improve various aspects of the supply chain process including operation planning, warehouse management, methods used in distribution centres, data on networks and routes, and inventory management. Optimizing your supply chain can aid clarity on the process, the vision for change and give a true outlook on any operational or technological issues that may be occurring. At Twolego we aim to make your supply chain systems cognitive and collaboratively friendly along with being cyber-aware and comprehensive.
COMPONENTS OF SUPPLY CHAIN MANAGEMENT
Supply chain management tends to have 5 major components to follow when applying an effective supply chain system into a business or organization, including:
- Planning
Managing processes need to meet the consumer’s demand. Metrics must be determined to meet these demands and company goals.
- Sourcing
Finding suppliers to provide the services needed or product creation. Applying processes and monitor the relationships with the supplier. Some major processes in sourcing include order management and inventory management.
- Manufacturing
Organizing and understanding what needs to be accomplished to manufacture the product or service. Quality testing, packaging and shipping queries are all handled here.
- Delivery
Effectively delivering customer orders and correlating them with scheduled times and dispatch loads. Also deals with payments and invoicing.
- Returning
Implementing a reliable network for returning incorrect or defective products.
Having these components are the base line to having a successful supply chain process engraved into your organization. Get in touch with Twolego today and let us lead the way in making your supply chain management as effective as possible.