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Are supply chain management strategies important?

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  • #16
    Re: Are supply chain management strategies important?

    The supply chain can be the lifeline of a business. So, it’s critical to have sound strategies for supply chain management. The strategies should focus on optimizing operations and maximizing both speed and efficiency. Hiccups in the supply chain can cause costs to soar. With faster and predictable deliveries, you can reduce costs while providing better customer service, thus gaining a competitive edge. Most companies ensure tight supply chain management with the use of software, such as http://www.keysoftwaresystems.com/xcelerator.html which can help with managing warehousing, distribution as well as same-day and next-day deliveries.

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    • #17
      Re: Are supply chain management strategies important?

      I found this site was very helpful, and helped on my studies in warehousing issues, also it would be more helpful if providing warehouse operations procedures
      Synchronzed Supply Systems Ltd

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      • #18
        Re: Are supply chain management strategies important?

        Obviously, having great technique is the key to each kind of business achievement. Regardless of whether you draw in your customers or concentrate on your advertising, what you do to build notoriety and get a strong client base structures some portion of your business technique.
        Synchronzed Supply Systems Ltd

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        • #19
          Re: Are supply chain management strategies important?

          Yes, of course. In fact, any business cannot be executed without any strategic plan. As the competitiveness among the supply chain firms is increasing day by day , there is a need of proper strategic plan for a successful supply chain. Effective strategies coupled with a well-defined plan and the right tools will help to alleviate pressure today and ready managers for market changes in the future.

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          • #20
            Re: Are supply chain management strategies important?

            Supply chain management strategies are indeed very important for an organization to optimize its operation and maximize the speed and efficiency of the goods supplied. Here speed is most important as customers values fast services. With optimized strategies, you can expect maximum utilization of resources and avoid unnecessary problems. Also, by applying these strategies we can be cost effective.

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            • #21
              Re: Are supply chain management strategies important?

              Absolutely. One of the most important pieces of supply chain management strategy is getting visibility into every part of your supply chain. For more info on how to achieve true supply chain visibility, you may be interested in reading the new white paper from Tive: Beyond Visibility: How to Build a Supply Chain That Thinks. You can get a free copy here.

              The white paper offers a new perspective on the challenges of managing a modern supply chain, and the advances that are making the next generation of supply chain visibility possible. In addition, it covers:
              • What are the key elements of a digital supply chain?
              • What new technologies are enabling the digital supply chain?
              • How can my organization use these new capabilities to take waste out of the supply chain?
              • What organizational changes are required to adopt a cognitive supply chain?

              To learn more, download the white paper, Beyond Visibility: How to Build a Supply Chain That Thinks.

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              • #22
                Re: Are supply chain management strategies important?

                In my opinion, it is very important indeed. It will help to ensure that your business gets its products and services delivered as promised to the customers. Without a proper strategy in place, delivery schedules could get jeopardized and inventory could be miscounted which would lead to delays and even unnecessary costs. Thus, a proper supply chain management system ought to be put in place to keep inventory in check.

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                • #23
                  Re: Are supply chain management strategies important?

                  Yes off-course, strategy is the most important factor while starting a business in supply chain management.

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                  • #24
                    Re: Are supply chain management strategies important?

                    Did you know that supply chain automation can help your organization to shorten order to delivery cycle time by 14%?
                    Know more:https://goo.gl/yTFaWJ

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                    • #25
                      Re: Are supply chain management strategies important?

                      Hii
                      There are some points I mention it shows the importance of supply chain Management such as
                      Boost Customer Service,Reduce Operating cost,Improve Financial Position, Ensure Human survival etc.

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                      • #26
                        Re: Are supply chain management strategies important?

                        Supply Chain Strategies are the critical backbone to Business Organizations today. Effective Market coverage, Availability of Products at locations that hold the key to revenue recognition depends upon the effectiveness of Supply Chain Strategy rolled out.

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                        • #27
                          Re: Are supply chain management strategies important?

                          Not only are supply chain management strategies important, but also it’s particularly important to have absolute control of your strategies. Without a supply chain strategy you will fall behind, succumbing to the constant shifts of the industry or competitors.

                          A company that has a supply chain management strategy in place is insulated from the unknown. Any disruptions to the supply chain will be taken care of naturally, avoiding delays that will result in dissatisfied customers and resulting in a loss of revenue. The most effective strategies have the ability to be fluid, something that is necessary in an industry that is constantly changing.

                          Hope this helps.

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                          • #28
                            Re: Are supply chain management strategies important?

                            Supply Chain is a complete process that starts from the raw materials and the inbound logistics all the way to the outbound logistics and bringing the idea on the table. Without an efficient supply chain, there would be a lot of bottleneck involved in the organization.

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                            • #29
                              Re: Are supply chain management strategies important?

                              Originally posted by GenevB View Post
                              They are in fact very important, as a bad strategy for a supply chain will get you through a lot of unwanted troubles, without a proper management you will either end up with your racks empty, with too much stuff which it's over the limit date for consumption or with no clients at all.
                              Yes, that's true! One of my friend's company almost collapsed because of that.

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                              • #30
                                Re: Are supply chain management strategies important?

                                Originally posted by Steven Nicks View Post
                                supply chain management strategies
                                Yes, they're very important because this type of management creates a basis for really effective and profitable work of your whole company, without it any company can't develop effectively. Its main things are planning and controlling tools, integration methods, types of tracking items, connecting your workers, managers and clients from different locations. Optimization and balancing all elements of your business belongs to it too. As it's seen, it provides a big system for better control and organization of your whole companie's work Inventory management is one of its parts too, it's worked now usually with the help of special software like Xero, PartKeepr, magento multiple warehouse, Snipe-It, XTuple and so on. Also accounting, e-mail and documentations software are important elements of it too.

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