YOUR SOURCING AGENT
MANAGEMENT
With an extensive network of suppliers across Asia and dedicated quality assurance teams, EC4U Limited provides a streamlined, flexible supply chain that ultimately reduces your production costs and lead times. We partner with you through every aspect of the process.
Why is Supply Chain Management important?
- Now Is the Time to Learn More About Supply Chain
Supply chain management is important for a variety of businesses because of the potential benefits. For instance, control of manufacturing processes helps increase product quality and reduces risks in recall. Control of ship procedures can play a key role in the service level of customers by preventing expensive inventory shortfalls and periods. Overall, supply chain management offers a multitude of options to businesses to boost their earnings margins, a major challenge, particularly to large and internationally-focused companies.
4 Parts of Supply Chain Management
Sourcing
Using a supply chain management approach to a project can be a critical part to achieving high quality results. Sourcing means working with vendors on the supplies needed for the entire production process. Supply planning is a crucial step in the supply chain management process. When sourcing goods within a supply chain, it is crucial to understand the timeline of each product to ensure the chain is not broken.
Delivering
The company must have the product put in the hands of the customer after the production and finalisation. The distribution process is usually seen to help build up brand image, because customers haven’t yet engaged in the products. With strong supply chain management procedures companies possess robust logistics capabilities and supply channels for quick, safe deliveries. Ideally, it is necessary that backup systems or diversified systems of transport are provided if a transport system temporarily becomes unusable. Ensuring a safe and timely way to deliver goods is an important step in the chain.
Manufacturing
Effective manufacturing processes play an important role in supply chain management, however this is not the final step. Properly manufactured products are the final goal of the manufacturing process, but are not the last phase. After a product is manufactured, you must go through a series of tasks to ensure the product is working to meet customer expectations. Suppliers will go through a series of subtasks – assembly, testing, inspection and packaging for example.
Planning
Supply chain management usually starts with planning in order to meet customer demands. It is important to anticipate future demand and plan accordingly. These are the raw materials needed for each phase of production, capacity and limitations of equipment, as well as staff requirements throughout supply chain management processes. This advanced planning will help ensure an efficient supply chain.
