Reducing supply chain risk is a business necessity
The supply chain is the backbone of your business – and cost, flexibility, and lead times are some of the most important things when it comes to moving the company in the right direction. With more frequent and extreme variability, supply chain risk has increased significantly. It is imperative for businesses to prepare for eventualities and shocks across the supply and demand chain, and learn to be more durable through periods of crisis.
Yet with the world becoming increasingly complex and volatile, knowing which course to set can be difficult. Companies are being more vigilant about their customers, supply chain and inventory management and creating superior outcomes. By adapting to changing circumstances, companies can execute with efficiency and flexibility while reducing risk.
It is a changed global landscape. As we re-examine the drivers of risk, companies are expanding from lean process, just-in-time delivery, and optimized safety stock; to assuring a resilient supply chain that incorporates flexibility, strong suppliers, and timely delivery. Such a resilient supply chain assures customer satisfaction.
On supply chain, SafeRock provides companies with innovative ways to reduce risk and improve resilience. For more information about how we can help, we are happy to speak with you.
Supply Chain planning and execution should have these principles: know your customer, understand and support your entire ecosystem, risk mitigation, and right-size your cost structure. Through this, we encourage a holistic view on near-shoring, working capital, purchasing processes, supply chains, back-up plans, and logistics. These enable you to satisfy your clients with resilience and reliable processes.
We can guide your planning and execution through customer point of view, engaging your ecosystem of customers and sourcing, inventory management, and reducing your total cost of operations for the supply chain. This helps to develop the appropriate supply chain resilience.
SafeRock’s analytics help businesses identify weaknesses in supply chains and our market forecasting and help you alleviate future shortages and Out of Stock before they occur.
Supply chains have to meet many targets at the same time. We are experts in addressing reliability and flexibility, demand volatility, and compliance for data transparency, GDPR and privacy. All this should be done with respect for our supply chain and sourcing ecosystem partners – whether customers, supplier, or internal teams – and in alignment with their needs.
We can provide insight into the trends, targets and levers in your industry in order to bring you forward and exceed your goals. Be in touch for a confidential conversation.