Supply
chain management is a very complex area in an organization.
Therefore, it has the chance to be a source of great efficiency and
cost-savings gains. Organizations are realizing it today than before,
that supply chain management excellence leads to a competitive edge
over others, shareholder value and better consumer relationships. The
business case for an improved supply chain management mandates a
thorough review of the multiple source of potential benefits that
comprises task productivity and SCM staff. Generally, the
productivity enhance includes savings in sourcing, production
planning and analysis, supplier management, production staff,
production management, change
for order processing and management, sales order entry, quality
control and analysis, promotions management, fulfillment
solutions,
logistics and transportation.
Benefits
of Supply Chain Management
When
an organization implements reasonable supply
chain management
solutions
then it can generate great value, such as:-
Enhanced
supplier collaboration
Collaboration
and dialogue to enhance social and environmental conditions that will
strengthen ties with suppliers and might also help to minimize
expenses resulting from maximized productivity and minimized resource
consumption
Enhanced
product quality
For
numerous organizations, reasonable supply
chain solutions
assist
in ensuring product quality and set up more sustainable products
Guaranteeing
compliance with consumer demands and expectations
Today
more and more organizations are witnessing demands from consumers to
manufacture their products under various social and environmental
circumstances
Eliminating
the risks of negative PR
Efficient
supply chain management program helps to secure an organization from
negative PR resulting from social and environmental hazards in the
supply chain. In worst cases, responsible supply chain management can
function as a security body against possible human rights violation.
Today
eminent brands specializing in reverse
logistics
introduced
innovative supply chain solutions with which you can package products
for store shelves or installation, ship products directly to the
retailer, distributor or any other destination. Furthermore you can
fill orders track orders from the inventory stage from your desktop.
Other services include:
- Material Planning and Procurement
- Turnkey Materials
- Consigned Materials
- Domestic and Offshore Sourcing
- Supplier Qualification and Certification
- Vendor Managed Inventory
- Kan/Ban
- Lifecycle Management
- Web Based Inquiry and Reporting
That
is not all. Efficient supply chain management can also help in
attracting and maintaining employees. Today a good brand reputation
is essential for organizations who are looking forward to attract and
retain qualified employees. When an organization outsources, it is
essential to signal the employees that it prioritizes social and
environmental conditions.
Read
more about : Rack
and stack
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