Traditional supply chains have been built over decades of changing channels and methods. In today’s world it is hard to find a very simple supply chain model. Most have many “bolted on” twists and turns without even the consideration of globalization, unpredictable market shifts, or other significant impacts.
The board room, CFO’s and other executives must strike a balancing act of understanding how fragile a supply chain can be, yet realizing this part of the business yields the greatest opportunity. They are concerned about the financial consequences, hidden freight expenses, and the ability to deliver effectively. There can be so many unknowns for executives that the concern of any impacts from change can be paralyzing.
Through visibility and collaboration enhancements, executives and other business leaders can gain powerful insight into their supply chain’s unique nuances. Seemingly small issues like seasonality or variability in product could have significant downstream consequences.
It may be time to consider a supply chain strategy consulting session if the answer is “yes” to any of these questions:
One example of a supply chain challenge is the battery industry. As the need for electric car batteries increases to meet the demands, how will manufacturers cope? The supply chain was once built for smaller automotive batteries, but now the batteries are much larger in size and more difficult to transport. What changes must be made to adapt?
A TMG supply chain strategy consulting session can provide an unbiased and objective view into all areas that can affect expenses, productivity and quality. Industry benchmarks are utilized to compare key performance metrics and determine any gaps. Executives and managers can realize visibility throughout the entire supply chain and identify opportunities for improvement. The strategy sessions are grounded in achieving your business goals and optimizing for maximum efficiency. Additionally, the TMG supply chain strategy sessions identify any limitations and areas where there could be risks to long term sustainability or adaptation to upcoming changes or trends.
Whether your objective is to reduce operating costs, improve quality, or increase productivity, the professionals at TMG can provide a supply chain strategy consulting session that equips your company with clear, end-to-end supply chain visibility while building a strategic plan to meet the demands of your business and industry.