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Thread: Can we achieve Supply Chain Management Cost Reduction this way?

  1. #11
    Member Plus pramod's Avatar
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    Default Re: Can we achieve Supply Chain Management Cost Reduction this way?

    mere is software that is availlable that will certainly reduce some of the costs associated with

  2. #12
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    Default Re: Can we achieve Supply Chain Management Cost Reduction this way?

    Software enhances supply chain administration and controls efficiencies, including optimising inventory holding cost, order processing effectiveness and efficiencies, forecasting efficiencies. Software does improve these processes and add value to cost optimization (i.e. cost reduction), but it does not contribute towards operational (i.e. Logistics, purchasing and warehousing processes) cost savings, that requires operational cost model assessment to derive at cost savings. Such cost savings could be derived from activities such as; packaging reengineering, assessment of alternative logistics model and creative approach to operational needs.

  3. #13
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    Default Re: Can we achieve Supply Chain Management Cost Reduction this way?

    Store network administration contains a ton of procedures, so it can't without much of a stretch handle physically. SCM programming helps to deal with Inventory, orders, charging, providers records and stock points of interest. Aside from a few techniques ought to be consider to get the appropriate programming. There are a lot of sources accessible progressively, these products decisions happen little perplexity. My proposal is ideal to run with cloud-based projects for SCM, you can undoubtedly comprehend apparatus stream, savvy, coordinated application and usability. We've been utilizing Apptivo for oversee production network prepare. In the event that you are searching for programming, attempt to pick the appropriate programming else to plan any creative thoughts.

  4. #14
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    Default Re: Can we achieve Supply Chain Management Cost Reduction this way?

    Supply chain management is the most important in today time, world becoming a smarter and using technology it will helpful to the industry, but it will little big costly. To reduce these cost some of the following part will be helpful:
    1) Customer service - Understand the customer need and avoid unnecessary expense
    2) Supply Chain Service - Once you have a clear understanding of your customers' needs, you can move on to defining a supply chain strategy that will achieve your business objectives while delivering on your customer service promise.
    3) Sales and operations planning : S&OP is a process that shares information and brings people together in a structured, single plan that is defined across the functional departments.
    4) Supply chain network design : Think of the shape of your physical supply chain network as being determined by two “bookends”: your customers and your suppliers

  5. #15
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    Default Re: Can we achieve Supply Chain Management Cost Reduction this way?

    Software alone is never enough. Even if a software has great analytics capabilities, you require a reliable way to collect good real-time data all along your supply chain. In short: Garbage in = garbage out! This means you need a good IoT device. Good IoT devices and strong analytics too do not solve the problem completely. You need to put the analytics into action which demands dedicated manpower. Here is a good read which explains all the 5 things you need in a good visibility solution to reduce supply chain cost – and how to choose your software and hardware vendors correctly.

  6. #16
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    Default Re: Can we achieve Supply Chain Management Cost Reduction this way?

    Checkout these blogs which explains you how you can shrink Your Warehouse Space and Cost with BLE Beacons in your Supply chain

  7. #17
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    Default Re: Can we achieve Supply Chain Management Cost Reduction this way?

    Programming is a major help and in light of our experience, it has enormously diminished the cost of our production network segment. The requesting framework is done by means of email - arrange shape is sent to signatories for endorsement, returned and sent again to the buying division with duplicate outfitted the distribution center caretaker. By that strategy alone, we used to print the request frame and course its printed version. Certainly, programming is a factor in decreasing the cost. However, to take away all the operational issues? I figure that is not the situation.

  8. #18
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    Default Re: Can we achieve Supply Chain Management Cost Reduction this way?

    yes we can do that but strategically

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