Supply Chain Management Strategy: What a True Partner Should Do

Creating a decent supply chain management strategy can be challenging. On the opposite side, delegating such a huge part of your business to a third-party company essentially needs credibility and confidence in your logistics partner.

To find a good supply chain management partner, check out the list of services that third-party has to provide!

The checklist below gives a brief overview of the factors that a true supply chain management partner should offer.

Supplier & Inventory Management

• Keep service levels consistent with stocking levels
• Provide real-time inventory visibility
• Forecast demand accurately
• Eliminate lost sales because products are out-of-stock
• Provide control over inventory investments
• Introduce speed and flexibility into the order process
• Increase error-free deliveries
• Reduce the cost of transportation, warehousing, and distribution
• Streamline purchasing process
• Improve supplier collaboration

Business Decisions

• Provide company-wide visibility
• Enable better decisions with real-time information
• Track, monitor, and help solve any issues
• Always provide alternative decisions
• Provide a real-time business status upon request
• Minimize direct and indirect labor costs

Customer Service

• Ensure customer-facing personnel is fully prepared to handle any situation
• Help identify the most profitable customers
• Provide sales and service performance reports
• Help improve responses to customer inquiries
• Make suggestions based on customer insights, preferences and trends

Enable Company Growth

• Help prepare for sizeable business volume and growth
• Help integrate with new technology
• Improve capabilities without major changes in business strategy
• Improve the quality of services

Learn more about our supply chain management services and contact us for the supply chain advice!

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