Strategic Supply Chain is an iterative process that estimates the cost-benefit trade-offs of operational
components. A supply chain strategy is to establish how you work with your supply chain partners,
including suppliers, distributors, customers, and even your customers’ customers. As the marketplace
becomes more competitive, it is critical to reinforce existing relationships and work together. For all
these reasons, a well-executed strategic supply chain support creates value for the organization. In strategic supply chain support, we provide complete support in the following:
• Development and Execution of Supply Chain:
The first step is for supply chain executives to clearly understand how the enterprise chooses to
compete. If it is a low-cost business provider, the strategic supply chain should support this. When
developing a defectless strategic supply chain scheme, look at your core competencies, focus on means of differentiation and then make a cost-effective list of all the supply chain essentials needed.
• SWOT Analysis:
SWOT Analysis is a useful technique for understanding the strengths and weaknesses of your organization
and for identifying both the opportunities open and the threats to an organization’s success. This
analysis helps you to carve a sustainable niche in your market.
• Procurement Transformation:
Procurement transformation refers to a specific type of organizational change which emphasizes strategies
to enable major and long-term improvements to procurement and supply management
processes, activities and relationships.
• Organizational Design:
In many organizations, supply chain duties are scattered throughout the company and have evolved due to the absence of a proactive design effort combined with the necessity of executing day-to-day operations. The higher performing organizations have evolved a long way from here and found ways to integrate supply chain functions through an optimum design into an organizational structure that serves the business while enhancing operational performance.
• Process Optimization:
The main goal of process optimization is to reduce or eliminate time and resource wastage, unnecessary costs, bottlenecks, and mistakes while achieving the process objective.
• Spend Analysis, Category Planning, and Management:
These terms understand the traditional roadblocks to spend management and how important it is to
gain insight into operational ineffectiveness in order to improve your sourcing success.
• Opportunity Assessment:
Opportunity Assessment is a process of evaluating an idea, concept, or opportunity to determine
whether there is sufficient strategic, market, and financial merit for continued consideration and
possible development into a product.
• Supply Market intelligence with Best Cost Country Sourcing:
Facing increased uncertainty in economic markets, organizations are increasingly aware of the need to closely monitor market conditions and respond appropriately through improved supply chain strategies including budgets, profit objectives, market pricing, technology insights and global expansion. Supply market intelligence is about executing these strategies appropriately.
• Supplier Risk Management:
Supply chain risk management services enable clients to proactively assess, prioritize, mitigate and
manage risk for improved business results.
• Supplier Selection, Negotiation, and Contracting:
The process of supplier selection, negotiation and contracting indicated that the process could benefit from a wider set of sourcing requirements or criteria that would be followed throughout the whole process from the initiation of the new supplier selection process to the analysis and finally the selection of a supplier.
• Sales and Operations Planning Process:
Sales and operations planning (S&OP) is an integrated business management process through which the executive/leadership team repeatedly achieves focus, alignment, and synchronization among all functions of the organization.
The Supply Chain People help source resources of best value and best quality in your own country on-time and with full reliability. This global sourcing strategy also includes procurement of products or services from low-cost countries with low labor and production cost. We follow a structured three-stage approach to identify the best-fit suppliers across different countries:
1) Country Filtering: We define regions and countries of interest as relevant to the category of products needed.
2) Shortlist most attractive countries: This is done on the basis of Raw Materials and Trade Insights, Raw Material availability, Export and Import Statistics and Major Trading Partners.
3) Identify best fit-suppliers: We finalize the supplier who best fits in our criteria of pricing, logistics cost, and RFI/RFQ analysis.