A chain is only as strong as its weakest link.

A flexible and lean Supply Chain is the key to thriving in the global marketplace. Understanding all aspects of the supply chain from your supplier to your customer, including reverse logistics, globally, is critical.

There are two main aspects of supply chain, the physical flows and informational flows. Most focus only on the physical movement, from receipt of materials to manufacturing to the distribution of finished goods. Information or key metrics of the flow of goods and materials is important to manage these movements effectively. This information will help determine any required improvements and for strategic planning purposes.

One critical factor in a successful supply chain is for a manufacturing company to produce quality product in a timely and cost effective manner. If the product can’t be produced based on the demand requirements, this could result in incurring higher supply chain costs or ultimately losing customers.

There are many ways to manage a supply chain, such as the SCOR (Supply Chain Operations Reference) model. This model was developed by the Supply Chain Council. It includes delivery and order fulfillment performance, production flexibility, warranty and returns processing costs, inventory and asset turns, and other factors in evaluating the overall effective performance of a supply chain. This model is most commonly used.

At Strategic Concepts, we strive to implement a high performing supply chain that enables growth.We have over 25 years of experience in supply chain management in developing, improving, enabling and collaborating. Our experience encompasses:

o   Global demand management, forecast accuracy

o   Master scheduling, manufacturing variance financial impact analysis

o   Global distribution, continuous replenishment, network strategy, logistics

o   Global inventory management, shelf-life, E&O

o   S&OP Process, monthly cycle

o   Capacity planning and analysis

o   New product introduction

o   Finished goods procurement, materials buying and planning, supplier forecasts

o   MRP/CRP

o   Materials risk management

o   Operational and customer service metrics

The end result is how you’re servicing your customer in an efficient and cost effective manner. Implementing metrics to understand and to lead your supply chain transformation will help develop the best organizational plan and change management to facilitate supply chain excellence. 

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