Lean Supply Chain

A company's supply chain often is one of the last remaining ways to generate dramatic growth. Growth leaders have lean and effective supply chains, but they are rare. Research shows that supply chain leaders outperform their competitors by more than 50% on key metrics such as inventory turnover. In a global marketplace, managing a supply chain is a much more complex challenge because of the new and constantly changing
demands of shorter product life cycles, industry consolidation and the need to take advantage of emerging technologies. Research also shows that most companies believe they haven't extracted the potential of their supply chains - only 12% think they are effectively managing their global supply chains. The cost is huge, resulting in unnecessary spending and missed sales. And, there's a correlation between poor performing supply chains and lost profits.

Procurement & Sourcing Systems

Procurement and global sourcing can account for more than 50% of overall costs in many industries, making purchasing a strategic operation with a huge bottom-line impact. In an era of faster product cycles, global competition and increased risk of supply-chain disruption, corporate leaders need to know how to use procurement - now often called supply management - as a competitive advantage.

Production Planning & control

Production planning and control entails the acquisition and allocation of limited resources to production activities so as to satisfy customer demand over a specified time horizon. As such, planning and control problems are inherently optimization problems, where the objective is to develop a plan that meets demand at minimum cost or that fills the demand that maximizes profit.

Inventory Management

It must be designed to meet the dictates of market place and support the company’s Strategic Plan. The many changes in the market demand, new opportunities due to worldwide marketing, global sourcing of materials and new manufacturing technology means many companies need to change their Inventory Management approach and change the process for Inventory Control.

Distribution network/logistics

The term logistics is often misinterpreted to mean transportation. In fact, the scope of logistics goes well beyond transportation. Logistics forms the system that ensures the delivery of the product in the entire supply pipeline. This includes transportation, packaging, storage and handling methods, and information flow. The impact of logistics in the ability of a company to satisfy its customers cannot be overstated. All other efforts at modernization within a company would not bear fruit until the logistics system is carefully designed to facilitate the smooth and efficient flow of goods in the system.