Supply chain optimization and consulting services to reduce costs and optimize gains The supply chain is a complex mix of activities that are focused on cost-effectively adding value while delivering products and services. Many people associate the supply chain with manufacturing and distribution companies, but every company has one, in some form. It’s like a breathing organism. When it's running well it isn’t noticed, but when something goes wrong with it, the whole business suffers. Supply Chains are the backbone of every business and supply chain optimization is a critical strategic ideal for any business to get the most value from its supply chain operations. Supply Chain Management Solutions Group50 consultancy has expert supply chain management consultants who have managed supply chains of all sizes ($ 20M –$ 4B) across a variety of industrial sectors for assessing their effectiveness. Companies need to be effective at designing products, defining services, acquiring materials and resources, and delivering products and services to their customers. And, they need to do it with lower cost time in and time out. Group50’s consultants achieve supply chain optimization by leveraging their extensive expertise and experience in optimizing supply chains. Supply chain optimization occurs when all elements are driving increased gains, minimizing working capital, and creating shorter lead times. For supply chain optimization, the consultants of Group50 will work on the below elements: 1.
The company’s Most Important Goal (MIG) Strategic objects
2.
Market Value motorists
3.
Business Life Cycle
4.
Seller Participation and Commitments
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Crucial Performance pointers
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Quality
7.
Total Cost of Ownership
8.
Strategic Sourcing
9.
Distribution Cost and Effectiveness
For the benefit of supply chain professionals, Group50 has developed a supply chain playbook that can be used by supply chain professionals to identify the conditions that will give the highest and most immediate ROI. Group50’s supply chain management consultants have worked on projects across a variety of areas including the below ones 1.
Supply Chain Modeling Deals
2.
Sales, Inventory, and Operational Planning (SIOP)
3.
Purchasing
4.
Vendor Justification
5.
Product Justification
6.
Distribution System Redesign
7.
Changes in Technology
8.
Technology Optimization
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Cost Reduction Programs
10.
Logistics Optimization
11.
Kanban
12.
Inventory Reduction Programs
13.
Vendor Managed Inventory
14.
Seller Scorecards
15.
Plant and DC Rationalization
16.
Off- Shoring and On- Shoring
Strategic Sourcing Services For supply chain optimization, it's important to understand the strategic and operating gaps in your company, your merchandisers, and your customers. Group50’s supply chain management
consultants provide strategic sourcing services and have designed and implemented supply chain optimization strategies for numerous businesses, utilizing the industry’s best practices and an intertwined approach to designing and enforcing an optimization roadmap. Group50’s supply chain management consultants begin by understanding how well a company’s supply chain is doing through its Supply Chain Effectiveness Assessment. From there, they work with the senior leadership team to develop an optimization roadmap and apply a nonstop enhancement program that will result in 5- 10% cost reduction for the supply chain of a business. For more information on how Group50’s management consultants could help with your supply chain optimization goals, please visit https://www.group50.com/supplychain-management-consultants/