Supply Chain

Supply Chain Management is taking major role in the corporate strategy as it goes far beyond manufacturing, It encompasses the interactions that go into planning, sourcing, making, and delivering a final product and is not confined to a single set of activities within a company.

The supply chain architecture must remain as simple as possible, eradicate complexity, combat inflexibility, refrain companies to expand their supply chain in many directions within the organization, lean towards simplification for more responsiveness and scalability.

• Supply Chain Strategy

As much as companies spend for their products in research and development or sourcing and procurement, Square Up helps companies to regard their supply chain as one of their most valuable product and allocate significant resources into it in search for highest returns. A well-designed product providing insufficient margin because supported by inefficient supply chain is unlikely to provide the expected ROI.

We encourage companies to view their supply chain practices as the cornerstones of competencies, make clear choice of supply chain structure and have a bold understanding of the requirements to selects proper supply chain technology.

The strategic development of a supply chain lies on the following fundamentals:

1. The Supply Chain configuration
2. Implementation of Best Practices
3. Building strategic partnerships
4. Business organization
5. Information technology
6. Finance

• Supply Chain Design

Square Up designs strategies that indicate a clear understanding of the supply chain and logistics costs associated with existing market conditions for more effective management of the supply of goods and services.

The Supply Chain in many companies trend to be complicated and fragmented, simply because the Supply Chain concept refers to several layers of independently run functions in the company business organization.

Departments like: Sales & Marketing, Purchasing, Quality, Finance, Shipping, IT are all of them holding part of the Supply Chain process and are not necessarily working in total coordination neither sharing the same performance indicators. Responsiveness, adaptability often give place to redundancy and undue complications. Square up answers with leaner supply chain architecture, reducing complexity and unnecessary ramification.

      Your Supply Chain is only as strong as its weakest link!

Though, performing in-depth analysis and auditing of the business workflow of the company's Supply Chain, Square up eradicates weakness in the link, re-shape and put in place a strong Supply Chain organization, helps companies to take advantage of current resources, processes and data to capitalize on purchasing power and achieve sustainable savings.

• Supply Chain Management

Today's speed of change in many industries forces company to improve the way they find the materials or develop the components they need to make and deliver their products or services they provide. The supply Chain Management is the science of:

    Connecting supply chain design with supply chain management and logistics

A set of measurement tools is a perequisite to monitor your Supply Chain and acheive true optimization.

For different layers different tools and system controls should apply to the core functions and resources in:

Planning: A strategy for managing all the resources to meet customer demands for your products and/or services, developing a set of measurement tools to monitor the supply chain and make it efficient, less costly and delivers high quality and value.

Selecting: Retain the suppliers able to deliver the goods and services you need, develop a set of pricing, delivery and payment processes with suppliers and create metrics for monitoring and improving the relationships.

Manufacturing: Implement processes for managing the inventory of goods and services, including receiving shipments, controlling their quality, sending them to your retail facilities and authorizing supplier payments.

Monitoring: Schedule the activities necessary for production, testing, packaging and preparation for delivery, as the most resource intensive portion of the supply chain, measure quality levels, production output and work force productivity.

Delivering: Coordinate the receipt of orders from customers, develop a network of warehouses, pick carriers to get products to the end users and set up an invoicing system to receive payments.

Returning: Reverse Logistics, the problem part of the supply chain. Setup a network for receiving defective and excess products back from customers and supporting customers who have problems with delivered products.

This is the end of this article, should you like to retain Square Up as you Supply Chain advisor, consultant or managing partner we will make sure that ultimately you will :

                        Make money in your Supply Chain!