Looking back at more than 500+ supply chain-related projects we have completed globally, across industries, we see three areas that process industries consistently focus on:
- Cost Reduction
- Inventory Optimization
- Plant Reliability
The three are so intertwined, that it is impossible to address any one of them without considering the links to the other two. In many cases, clients even seem to believe that you can achieve only two of the three – which we don’t agree with!
We firmly believe that all three are very much achievable, if organizations look at the holistic picture. With large organizations, teams tend to work in silos, leading to discussions being around which team’s perspective is ‘right’ vs. ‘wrong’. That is often when we come in as a catalyst to help organizations understand the real areas they can focus on to achieve objectives.
If we look forward, there is no doubt that the exact same three topics will continue to be a top priority in the minds of senior executives. Significant investments are being made by organizations into tools, technology and processes, but in many cases, the ROI becomes hazy as they go forward.
While supply chain managed services helps to keep businesses operating at its most optimal level, Supply chain network optimization is the key to keeping track of inventory and optimizing the supply chain.
Supply chain vendor management is the process that enables an organization to take correct steps for controlling cost, decreasing potential risks related to vendors, ensuring best service deliverability and deriving value from vendors in the long-run.
Our supply chain optimization services serve as a bonding factor for organizations, enabling clients to: