SUPPLY CHAIN AND LOGISTICS
In many businesses, the cost of sales attributed to bought out items can be proportionally high. Your supply chain can be just as critical as your internal processes, but in most cases the majority of your respources are employed to manage the internal functions. This can be very evident in growing businesses, where your external reliance on suppliers has increased, but your suppliers and internal functions are still the same, leading to poor supplier performance and costly errors. Eutaktika can help you to develop your supply base and logistical management systems so that they become a competitive edge to your business, rather than a hinderence. The key steps to doing this can be;
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Analysis of spend and performance by supplier and commodity
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Review of internal purchasing and logistical functions, and supporting management systems
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Identify opportunities to rationalise suppliers to improve cost and performance
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Determine which suppliers are most critical to the Business, and identify specific improvement opportunities that link in to your overall Business plan
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Create an improvement plan, for the short, medium and long term as required
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Ensure that the necessary measures (KPI's) are in place to identify areas for improvement, and to demonstrate achievement of the plan
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Enable the plan
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Mentor and train key personnel to ensure improvement is sustainable
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Regularly review progress to plan
If your Business does not have the necessary resources to support a supply chain and logistical improvement activity, then there are a number of grants available to help you to do this.