How To Improve Your Supply Chain Strategy

Could Your Current Supply Chain Strategy be Improved?

 

Customers are seldomly aware of the complex chain of activities necessary to provide them access to the goods and services they acquire. They are even less likely to be conscious of the actions and inactions that can sometimes result in delayed or denied access.

Perhaps, more surprising is that many of those directly or indirectly involved in servicing their customers’ needs are equally unaware that their current supply chain strategy is less than optimal and that one or two well-placed adjustments could improve customer satisfaction and add significantly to their bottom line.

In practice, there are probably few, if any, businesses that could not improve their value chain following in-depth analysis and consultation by a team of professionals specialised in supply chain strategy.

How Might This Work? 

Taking the required steps to improve the flow of information between the manufacturers, suppliers, distributors, and customers can offer a company the means to reduce costs while fully meeting its customers’ needs. Identifying those areas that could  be improved through the use of automation is just one way in which an analysis by a specialist in the management of supply chain strategy could prove beneficial.

Certain businesses such as road transport and public warehousing tend to respond to ad hoc changes in their particular market and often have no formal planning policy. However, most others base their activities on a pre-agreed, detailed plan with set financial goals. For those in the latter category, their marketing plan should include a compatible action plan, tactics and a supply chain strategy that, together, will assure them a long-term, optimised return.

Plans are Not Guarantees

It is not possible to plan for the abnormal, especially if it should occur with little or no warning. At the moment, many companies worldwide are battling to adjust to a very different business model due to the outbreak of COVID-19 and the restrictions that followed. Nevertheless, some businesses have adapted successfully. For those who may be still struggling to do so, there is much to be gained by calling on a specialist’s experience and expertise in developing supply chain strategies that work.

Where Can You Get Help?

Inhance is an organisation that is currently providing such expertise and experience to benefit more than 100 companies in 25 countries, including South Africa. The company employs a team of 130 specialists consisting of data scientists, engineers and developers. The team boasts more than 500 years of combined experience in business and the technology to support it. This has been instrumental in acquiring such prestigious local clients as Nandos, Pick n Pay, Clicks and Standard Bank.

Given the opportunity, Inhance can gain insight into your supply chain and develop a customer-centric strategy that will improve your service delivery through the application of innovative technology solutions.

 

 

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