Supply Chain Management
Supply Chain Management is the integrated management of the physical (materials) and transactional (information and financial) flows across internal functions and third party organisations to serve the customer demand and better respond to variability and uncertainty. (Picture 1)
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We don't believe supply chains need to be reinvented despite rapidly changing environments, consumers, and customers. Similarly, a crisis like COVID-19 does not make it necessary to reinvent your supply chain. It is simply testing your capability in managing it, and highlights the weaknesses of your current supply chain.
An efficient supply chain matches the best balance between the interdependent business goals of reducing costs, optimising cash flow and achieving the targeted service level to its customers. (Picture 2)
Every single goal can only be achieved at the expense of the other two goals. Therefore, efficient supply chains are ones that establish the right balance between those goals under the current circumstances during the point in time. This is what we call a resilient and agile supply chain.
We help our clients steer towards this perfect balance by better managing their supply chains whilst simultaneously achieving incredible results.
Please reach out to us to discuss action plans for you to reach supply chain management excellence.