Supply Chain Management Tips

 

Supply chain management is by nature very complicated and exists in many different ways, there are so many aspects to consider like inventory management, suppliers, ordering and stock management systems and so much more. This short blog post will talk a little bit more about some tips for improving your supply chain and making it more efficient.

Streamline

Streamline your processes involves looking at your processes and removing non-value added activities. If something is not at all required, then why would you do it? Streamlining is a great way to improve efficiency of a business and also the satisfaction of the people working in it.

Reviewing processes

We talked above about streamlining processes, but what about the old processes that you once streamlined before? Supply chain management is in essence about continual improvement of everything. Old processes that helped previously may become outdated and these may need to change again and this is a great way to keep your processes current.

Work with a consultant

Working with a consultant is without a doubt the best way to really get your supply chain moving, especially given their huge wealth of experience and knowledge of particular industries. Supply chain consultants are also great because they are impartial people that are working hard to make your business run as well as possible. If they fail to do this, they will risk their reputation, so their interests will always be aligned with the best interests of your business. They are also much less likely to become involved in workplace politics when they are working for you.

Another great aspect about working with a consultant is that you can go about your day-to-day activities as a business owner and allow the experts to come up with some solutions to any problems that you may have.

Identify bottlenecks

One of the biggest problems of managers is that they look only from above and don’t make decisions based on the problems associated with the smaller moving parts of a supply chain. For example, they may simply see a number and want to improve upon it, but won’t always be able to find out why something is the case. Managers can look at things from the ground up and address concerns from points lower down on the supply chain and then make changes to improve.