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What are the advantages of using Supply Chain Services?
Supply chain services can handle everything from taking orders for your products to delivery to your customers. Outsourcing for supply chain services gives your company the advantage of focusing its energies and resources towards other areas of your business to increase revenue.
It is difficult to keep track of your own inventory, taking orders, shipping, handling returns, etc. Supply chain services are equipped with the latest in technological advances. Keeping the link of the chain well organized will ensure the highest potentiality of garnered revenue.
It becomes costly to have your own distribution centers. A business can choose a supply chain service located closer to your market demand as well as take advantage of the supply chain services' satellite centers if available.
What are the benefits of working with a Supply Chain Service?
- Develop collaborative relationships with your supply chain service. Many companies outsource services and do not consider the provider as the same entity; this is not wise business. Maintain a close working relationship with your supply chain service; they will be able to call upon past experiences to help you capitalize on the relationship.
- Collaborate with your supply chain service to optimize the entire chain cycle. Maintaining communication will ensure levels of supply are desirable, space is available, and customers are happy.
- Choose a supply chain service which has worked within your industry before. They will be able to supply you with tips in relation to the chain cycle.
- Use a supply chain service which leverages the right channels to make products available to the consumers when they want them. Supply chain services can make this portion of your business profitable for you both.
- Ask for references and check them. It is important to receive multiple quotes when outsourcing for supply chain services in order to find the right match for your business.
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Supply Chain News
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Supply Chain Cost-Cutting Strategies: How Top Process Industry Performers Take Radically Different Actions
Companies in Process Industries (including chemicals, pharmaceuticals, food & beverage, oil & gas, pulp & paper, and health & beauty aides) have had to cope with rising manufacturing and logistics costs over the past few years. To avoid an average 7.96% increase in logistics costs (what the average company has experienced in the past two years), companies should follow the roadmap of Best in Class companies, which have been able to reduce costs or keep them flat via supply chain transformation.
In the face of the steady run up in manufacturing and logistics costs, the old strategies for cost containment no longer have the same punch. Companies in process industries now widely realize that they must restructure their supply chains to take out costs and maintain their customer service edge. Download this paper to read the results of an Aberdeen survey and see why 75% of all respondents have either recently redesigned or are in the process of redesigning their supply chains.
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Get ahead of the curve in demand management
Demand management practices in the manufacturing space are quite common but most tend to concentrate on demand planning and rely solely on forecasting needs. Get this paper by the Aberdeen Group to find ways to refocus your attention on excellence throughout the entire demand lifecycle.
In the white paper, you'll find out about best-in-class supply chain demand management programs. Plus, discover how to benchmark yourself against others and see where your management program can improve. Learn about external collaboration, customer-level forecasting, and order management today. Get your white paper now!
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Ventana Research: Tuning ERP and the Supply Chain for Profitable Growth
Supply chain management (SCM), a critical part of any enterprise resource planning (ERP) system, no longer means just making sure that the right materials and resources move to the right place at the right time. It also means ensuring that the sequences of events involved in producing goods and distributing them to customers are tuned optimally. This Ventana Research white paper discusses how ERP can optimize your supply chain to satisfy customers, minimize costs and maximize profit.
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