Improved supply chain management will enable you to
1. Get clear and complete data for informed decision-making, so that you can
- Accurately determine the ROA/ROI for inventory, trucks assets within the supply chain.
- Run strategic modeling on historical data to better understand where distribution centers could be located
to provide better service and increase the number of customers by reducing shipping costs to new or existing markets.
- Help your employees practice cost management, instead of potentially destructive cost cutting.
- Identify unprofitable processes and business lines.
- Keep costs proportional to the revenue they generate.
- Improve profits and sales by reducing shipping costs though optimizing freight across customers, opening up new markets and allowing products to be sold at a lower price.
2. Benchmark your company’s supply chain performance against competitors and industry averages in a range of areas,
from on-time delivery to cost-per-pound to cost-of- transportation-as-a-percentage-of-sales.
3. Improve your cash flow by saving on inbound and outbound freight and reducing inventory levels.
You may also want to consider these questions:
- Would an improved supply chain be a competitive edge?
- Is customer satisfaction with deliveries where you would like it to be?
- Would you like to save money and provide better service by being in control of both inbound and outbound deliveries?
Our supply chain coaches not only show your managers how to improve your supply chain but train them, on the job,
so that they develop the expertise to make continuous improvements and adjust to changes – such as new product lines
– that will impact your supply chain in the future.