Supply chain optimisation can be a difficult endeavour for manufacturers and distributors. Changes in trade and capital policies, currency volatility, competition for raw materials, environmental regulations – all of these create uncertainty and risk. Yet optimising your supply chain is one of the most important keys to profitability.
Whether you operate a single factory or a multinational network, you need all of the cogs in your supply chain to work at peak efficiency to realise maximum profit. How can you minimise overall costs to produce and ship your products, while at the same time staying flexible and responding quickly to demand?
Supply chain optimisation connects your entire manufacturing or distribution value chain, from R&D and materials sourcing through production and delivery. Rather than focusing on individual suppliers, you gain a holistic view so you can look at your entire system and find ways to improve delivery speed, while reducing costs and risks.
If you’re serious about finding ways to streamline your supply chain operations, here are some keys to success.