Productivity and efficiency are the two most commonly associated words with the supply chain. The supply chain is that part of the value chain, invisible to the external customer, but bridges the other two critical parts – need discovery and sales & marketing. A successful supply chain strategy can provide several competitive advantages – innovation, being the first/ fastest to market, cost-effectiveness, superior customer service.
From the disruptive assembly line approach pioneered by Ford to the Japanese institutionalizing lean manufacturing and Total Quality Management principles, Supply Chain has been at the forefront of innovation across generations. The scenario continues to this date, where Analytics is playing a pivotal role in driving supply chain transformation.
Supply chain strategy has also been intrinsically associated with the competitive advantage of companies. In an era where consumers are increasingly becoming value and price-conscious, manufacturing and supply chain cost leadership is top of mind for every CEO. With the implementation of GST and the rise of e-commerce, barriers to trade, and reach have come down significantly. Companies are now re-orienting their network and warehouse presence, inventory management, and logistics planning.
How do we add value?
Procurement Strategy
A bottom-up approach and industry best practices (from our expert network) ensures quick identification of cost reduction opportunities. Implementation support to realize and sustain savings over the long term. We help clients in both direct and indirect cost reduction exercises.
Another aspect we help clients is in supply sustenance strategy for key material/services. This can include developing alternate sources, backward integration or sometimes even alternate material also.
Manufacturing Operations
Evaluate manufacturing footprint, outsourcing strategy, investments regarding plant capacity, and business case evaluation for automation. Calculate productivity improvement opportunities by troubleshooting reasons for low productivity and contrasting with internal and industry benchmarks. Also, it includes value stream mapping, lean manufacturing, MTM, TOC, and other modern tools to sustain benefits over the long term.
Inventory, Network Optimization and Warehouse Operations
Design and re-engineering of upstream, in-plant, and downstream warehouses. Process, infrastructure, systems, and organizational design to meet throughput requirements and enhance productivity. Best practices implementation in inventory management ensures the best use of working capital across the value chain while minimizing stock-outs or opportunity losses