An Effective Supply Chain Management Accounts
At the aftermath of pandemic, many companies are trying to have a healthier and more robust supply chain. An effective supply chain management is the key for this. However, today’s global supply chains are getting increasingly more complicated and challenging.
Supply Chain Challenges & Trends
Challenges to Supply Chain Resilience in the Aftermath of the Pandemic
How Vertada helps you have an effective supply chain
We can help you have a clear picture of the process in your supply chain.
Challenge
The global supply chain continues to be challenged in the aftermath of pandemic, shortages of critical parts, increasing logistics costs, shifting customer demands, labour shortage...All of these make the operations become increasingly more strained and challenging for many businesses.
We can help you smooth out the volatility between demands and fulfillments.
Challenge
Customers' demands always changing with great uncertainties. To maximize your profitability, your supply chains need to be as efficient as possible. You know very well that an accurate demand management is critical in ensuring sufficient inventory from your supply chain. The question is, how to balance inventory and supply to cater to the changing customer demands?
We can help you choose suppliers that add value to your operations.
Challenge
Customers' ever changing demands request you diversifying your product portfolio from time to time. Out of this, the modern supply chains are becoming more diversified. Along with the diversification, your procurement team must cater to the shifting customer demands while delivering genuine value to your operations by bringing down the outgoing cost and operational risks without damaging your profitability.
Effective communication with suppliers is key to supply chain success
How to strengthen your communications with your suppliers
A relationship between company and supplier is sustained by communications, contracts, and involvement. The effective communication in supply chain is crucial for business success and to avoid loss and breakdowns. The role of a supply chain manager has become critical in both achieving a company's operational objectives and in successfully implementing its business strategy in the supply chain management.
Better Communication for more positive outcome
The global pandemic has changed the way many supply chain management teams operate. Supply chain managers are experiencing the pressure of loss, as the rise of the global pandemic has caused many supply chain teams to reconfigure their operations due to staff shortages and shipment delays. As a result, the importance of communication in supply chain management has never been more crucial. Supply chain manager must continually seek out better ways to ensure a positive outcome for clients and the internal operation (less missed opportunities, less damaged relationship, less delivery delays and less loss of revenue.
Keep your communication with suppliers staying connected
Meeting customer demand is always half the battle in supply chain management. A damaged relationship with a supplier can result in late deliveries or a lack of supplies. So, what impact it would have on your business if the supplier stopped supplying?
We can help leverage your supply chain manager's communication and teamwork competencies with suppliers. We can regularly meet with your suppliers. By getting together with them on a regular basis (weekly for instance), you can highlight and tackle their concerns and worries as they occur.