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This section is generalised supply chain information. Supply chains may be different from company to company.
Supply chain is the process of getting your product, in good condition, reliably delivered from source to your customer on-time, in-full and at optimal cost.
Information systems
Visibility and control by tracking all the above steps
Supply chain incorporates all the functions related to moving product (and information) through your business. Logistics refers only to the physical storage, handing and transport of products, plus the associated information.
As demonstrated in the image above, due to a breakdown in supply chain for chocolate milk, the company will be making stock decisions with incorrect data. This will mean tied up capital, additional warehousing costs, lower revenue and disappointed customers
A good supply chain ensures that your products get to your customers with:
Minimizing these pain points:
‘Clockwork’ is about achieving reliability and predictability. Clockwork operations allow you to achieve consistently high product fulfilment at a low cost with minimal disruption. This method reduces opportunities for error, builds accountability and trust while contributing to your brand equity with your trading partners and your consumers.
Integral components of clockwork operations are:
A Savills Company