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4 Steps to Improve Supply Chain Management

4 STEPS TO IMPROVE SUPPLY CHAIN MANAGEMENT



Refining and reinventing your supply chain can increase profits, reduce wastage, and improve customer satisfaction. No supply chain is ever perfect and there are always steps you can take in order to deliver improved performance.



Any steps to improve supply chain management should follow these four stages:



STEP 1: Increase trust amongst vital links in the supply chain.



STEP 2: Increase the exchange of information.



STEP 3: Manage the supply chain as one overall unified process.



STEP 4: Identify and implement radical transformation for added value.



STEP 1: Increase trust amongst vital links in the supply chain.



Every new partner added to the supply chain must be advised of key processes to ensure they fit naturally into the chain.



Involve employees in processes, educate them on your systems and request feedback on how to improve the processes.



STEP 2: Increase the exchange of information.



Get rid of Excel. For high level data Excel can't provide enough information on the supply chain, or help you to make key decisions at scale. Instead invest in supply chain management software.



To help track your products consider

- RFID

- voice picking

- SMS

- warehouse automation systems

- warehouse management systems



SMS messaging can be used to quickly share important information such as delays in deliveries, stock updates, unfulfilled orders or technical problems.



STEP 3: Manage the supply chain as one overall unified process.



Cloud based supply chain systems can help to reduce costs and allow for faster access to key data across the supply chain.



Not everyone will be in front of a computer, but most people will have their phone, so use SMS messaging to reach everyone at once when you have an important announcement.



STEP 4: Identify and implement radical transformation for added value.



Keep Change Remove



Your supply chain is only as strong as its weakest link, so any underperforming systems must be changed. For example, if your serves don't have 100% uptime, then upgrade them.



Don't be afraid to change or remove suppliers if the do not add value. Be ruthless, to get the best results and don't wait for suppliers to make errors as by then it's too late.

4 Steps to Improve Supply Chain Management

shared by koozai_mike on Mar 23, 2012 in Business

4 Steps to Improve Supply Chain Management

shared by koozai_mike on Mar 23, 2012 in Business

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Increase profits, reduce wastage and improve customer satisfaction in 4 easy steps! This is a great resource for anyone interested in business, technology, or infographics in general - not just SMS...
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