Gazelle Information Technologies

How supply chain drives competitive advantage

How Supply chain drives competitive advantage

OVERVIEW

While supply chains share some common similarities, each is also unique in its specific combination of manufacturers, raw materials, logistics, organizations and goods. There are many points of differentiation in your supply chain, but the question comes how can you use that to your competitive advantage?

In this blog, we will go through some of the unique aspects of a supply chain and elaborate how you can use those distinctions and disparities to gain a competitive advantage and maximize profits.

You will get to know how to take advantage of:

  • Manufacturing of materials, raw ingredients, and other goods
  • Whether logistics arrangements are in-house or third-party
  • Alterations in supply and demand management
  • Operational processes within and between supply chain organizations
  • Managing relationship with supply chain stakeholders
  • Documentation and administration in the supply chain

In-House Manufacturing VS Outsourced Manufacturing

There are some larger organizations having capital and resources to manufacture their own products, either from pre-made parts or raw ingredients. Other organizations will outsource their manufacturing to white-label providers.

Supply Chain Competitive Advantage From In-House Manufacturing

There are various ways to benefit your in-house manufacturing capabilities:

  • Carrying out deep analysis of every aspect of the manufacturing process will help identify issues and holdups.
  • Introducing managed continual improvement processes will enhance quality, manufacturing speed, accuracy and efficiency.
  • Take advantage of efficient product development through early prototyping, iterating and testing on product designs and new features.
  • Maximize cost control of materials, people, equipment and manufacturing processes.

Supply Chain Competitive Advantage From Outsourced Manufacturing

Supply chain management can establish processes and relationships with external manufacturers, too:

  • Implementing strong service level agreements with penalty clauses will help to meet efficiency or quality goals.
  • Taking benefit of economies of scale to get lower-cost manufacturing, especially if completed overseas.
  • Scale up manufacturing more quickly as demand grows.
  • Put contingency planning in place with other manufacturers in case issues prevent your existing manufacturer from meeting targets.

Integrated Logistics VS Outsourced Logistics

Building up internal warehousing, logistics and distribution is a major attempt. Other businesses may choose to outsource some or all of their logistics needs.

Logistics inhouse vs outsourced

Supply Chain Competitive Advantage From Integrated Logistics

Resource-intensive, integrated logistics offers up some big advantages:

  • Distribution management is essential to ensure quick collection and delivery of goods to downstream organizations or end customers
  • Establishing safe, secure and environmentally-appropriate storage for all raw materials, ingredients and products.
  • Get greater clarity of goods wherever they are in the storage or distribution system
  • Avoid paying unnecessary overheads that increase the profits of outsourced logistics companies.

Supply Chain Competitive Advantage From Outsourced 3PL Providers

It may be a little harder to comprehend advantages from 3PL providers, but it’s still possible:

  • Use warehouse and storage flexibility to adjust storage and distribution needs in line with customer demand
  • Move goods around the 3PL warehouse and distribution network so they’re closer to customers
  • Take advantage of existing relationships between the 3PL provider and their partner organizations
  • Negotiate through economies of scale to bring down logistics costs and arrange for fixed pricing

Flexible Demand and Supply Management

Good demand and supply management is necessary to managing inventory levels, keeping enough stock, assure short manufacturing cycles and getting products into the hands of consumers.

supplychainconsulting-managing inventory

Supply Chain Competitive Advantage From Flexible Demand and Supply Management

  • To ensure stock levels will meet demand, get early sight of new product releases and marketing efforts.
  • Take in use of AI modelling and machine learning to predict demand and measure seasonal demand and supply trends.
  • For increases in demand prepare manufacturers and other suppliers and bring in other organizations to deal with scaling up production.
  • Using predictive and prescriptive analytics will help to understand the impact of demand and supply on the overall supply chain and optimize SCM.

Supply Chain Process Management

Supply chain managers spend ample amount of time managing supply chain processes. It’s not surprising that understanding and conducting those processes can result in huge productivity and cost savings.

Process Management

Supply Chain Competitive Advantage From Effective Supply Chain Process Management

The main benefits here come from visibility, reducing waste, distributing and reducing rework or duplication:

  • To identify holdups and inefficiencies measure every sector throughout the supply chain.
  • Create supply chain improvement initiatives into contracts and service level agreements with other organizations in the supply chain.
  • Maintaining documents, metrics, contracts and other details in the block chain for maximum clarity and verifiability.
  • To avoid rework, manual errors or duplication of effort move organizations onto a single, integrated supply chain management software platform.

Supplier Relationship Management

Good relationship management between suppliers and manufacturers will conduct the production and flow of goods and remove friction.

Supply Chain Competitive Advantage From Robust Supplier Relationship Management

Considering suppliers like partners and collaborators is a good way to get them unified and prepared to take extra steps to assure quality and speed:

  • Pay suppliers immediately when block chain or IoT technology concludes that goods have been shipped or received.
  • To overcome language and other barriers with suppliers use integrated natural language processing.
  • Collaborate with suppliers on quality improvement initiatives and fund process optimization.
  • Request clarity into supplier datasets for manufacturing and other processes, then carry out analysis and provide intelligence and insights back to the supplier.

Supply Chain Document Management

The supply chain generates a huge amount of documentation, including contracts, shipping notifications, bills of lading, purchase orders, service level agreements and much more. Supply chain management can significantly minimize the administrative overhead to speed up document processing and conduct the production and transfer of goods.

supplychainconsulting documentation

Supply Chain Competitive Advantage From Reducing the Burden of Document Management

Nobody likes producing or managing documents, so there’s plenty that can be done to make the whole process less painful:

  • Use machine learning to translate documents into other languages.
  • Collect and verify documents on the block chain including digital signing and tracking.
  • Go through documents like bills of lading or shipping notices with unique identification through IoT devices or other tags.
  • Measure performance against service level agreements in a centralized location for greater visibility of targets and thresholds.

112 Comments

  1. zeepdispenser zwart

    Hey! Someone in my Myspace group shared this site with us so I came to look it over. I’m definitely loving the information. I’m bookmarking and will be tweeting this to my followers! Terrific blog and wonderful style and design.

  2. ebook stores

    You actually make it seem so easy with your presentation but I in finding this topic to be actually something that I believe I would by no means understand. It sort of feels too complex and extremely huge for me. I am looking forward to your next submit, I will attempt to get the cling of it!

  3. Europa-Road Kft

    Very nice post. I simply stumbled upon your weblog and wanted to say that I’ve truly enjoyed surfing around your weblog posts. In any case I will be subscribing on your feed and I hope you write again soon!

  4. trendy

    I’m still learning from you, as I’m trying to achieve my goals. I absolutely liked reading everything that is posted on your website.Keep the stories coming. I loved it!

  5. buttrick

    Attractive еlement of content. I simply stumbled upon your site and in accession capital tⲟ assert thɑt I acquire actuаlly loved ɑccount youг weblog
    posts. Any way I will Ьe subscribing for your augment and even I achievement you get right of entry to
    pеrsistently faѕt.

  6. rtp microgaming hari ini

    Hey! I could have sworn I’ve been to this blog before but after reading through some of the post I realized it’s new to me. Nonetheless, I’m definitely glad I found it and I’ll be bookmarking and checking back often!

  7. situs slot

    Thanks a lot for providing individuals with an extremely superb opportunity to read articles and blog posts from this blog. It can be so enjoyable and as well , full of amusement for me personally and my office mates to search your website at a minimum thrice in 7 days to study the fresh items you have. And of course, I’m also usually motivated for the remarkable information you serve. Selected 2 ideas in this article are definitely the most effective we have had.

  8. plumbers

    I was just seeking this info for a while. After six hours of continuous Googleing, at last I got it in your site. I wonder what is the lack of Google strategy that do not rank this kind of informative sites in top of the list. Usually the top web sites are full of garbage.

  9. bangkokslot

    Spot on with this write-up, I truly assume this website wants much more consideration. I’ll in all probability be again to learn rather more, thanks for that info.

  10. Serrurier saint julien en genevois

    Do you have a spam issue on this site; I also am a blogger, and I was wondering your situation; many of us have created some nice methods and we are looking to exchange solutions with others, be sure to shoot me an email if interested.

  11. data sydney

    Hi , I do believe this is an excellent blog. I stumbled upon it on Yahoo , i will come back once again. Money and freedom is the best way to change, may you be rich and help other people.

  12. win1000x

    Today, I went to the beach with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!

  13. buy office 2010 online

    Howdy would you mind letting me know which hosting company you’re using? I’ve loaded your blog in 3 completely different internet browsers and I must say this blog loads a lot quicker then most. Can you suggest a good hosting provider at a fair price? Kudos, I appreciate it!

  14. Dubai Tour Packages

    I’m commenting to let you understand what a beneficial experience my wife’s child encountered reading through your site. She discovered numerous details, most notably what it is like to have a wonderful coaching heart to make others quite simply learn some complicated subject areas. You undoubtedly surpassed my expected results. I appreciate you for providing those priceless, dependable, informative as well as easy tips about the topic to Julie.

  15. Amiclear review

    This is the right blog for anyone who wants to find out about this topic. You realize so much its almost hard to argue with you (not that I actually would want…HaHa). You definitely put a new spin on a topic thats been written about for years. Great stuff, just great!

  16. Sumatra Slim Belly Tonic reviews

    Great post. I was checking constantly this blog and I’m impressed! Extremely helpful information specially the last part 🙂 I care for such information much. I was looking for this particular information for a long time. Thank you and good luck.

  17. Sugar Defender

    I have recently started a website, the info you offer on this site has helped me greatly. Thanks for all of your time & work. “‘Tis our true policy to steer clear of permanent alliances with any portion of the foreign world.” by George Washington.

  18. Java Burn Review

    Hello there, simply was alert to your blog thru Google, and found that it’s really informative. I am gonna watch out for brussels. I’ll appreciate if you proceed this in future. A lot of people shall be benefited from your writing. Cheers!

  19. Fitspresso reviews

    Whats Going down i am new to this, I stumbled upon this I’ve discovered It absolutely useful and it has helped me out loads. I hope to contribute & assist other users like its aided me. Good job.

  20. Java Burn

    Java Burn: What is it? Java Burn is marketed as a natural weight loss product that can increase the speed and efficiency of a person’s natural metabolism, thereby supporting their weight loss efforts

  21. sugar defender reviews

    What Is Sugar Defender? Sugar Defender is a new blood sugar-balancing formula that has been formulated using eight clinically proven ingredients that work together to balance sugar levels.

  22. Sumatra slim belly tonic

    Thanks , I have recently been looking for information about this subject for a while and yours is the best I have discovered so far. However, what about the conclusion? Are you sure concerning the supply?

  23. Lottery Defeater Reviews

    Whats Happening i’m new to this, I stumbled upon this I have found It absolutely useful and it has helped me out loads. I’m hoping to give a contribution & aid other users like its helped me. Great job.

  24. Denticore

    An attention-grabbing dialogue is value comment. I believe that you need to write extra on this subject, it won’t be a taboo topic but usually persons are not sufficient to talk on such topics. To the next. Cheers

  25. Sight Care

    I was just seeking this info for some time. After 6 hours of continuous Googleing, finally I got it in your website. I wonder what’s the lack of Google strategy that do not rank this type of informative web sites in top of the list. Normally the top web sites are full of garbage.

  26. Leanbiome

    I really appreciate this post. I’ve been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thx again!

  27. Java burn reviews

    I found your weblog site on google and check a couple of of your early posts. Proceed to maintain up the excellent operate. I just extra up your RSS feed to my MSN Information Reader. In search of ahead to studying more from you later on!…

  28. kerassentials review

    A person essentially lend a hand to make severely posts I might state. This is the very first time I frequented your web page and up to now? I surprised with the research you made to create this particular put up amazing. Excellent activity!

  29. Puravive

    Thanks for helping out, fantastic information. “Job dissatisfaction is the number one factor in whether you survive your first heart attack.” by Anthony Robbins.

  30. Fitspresso review

    I have been absent for some time, but now I remember why I used to love this website. Thanks, I’ll try and check back more often. How frequently you update your website?

  31. Sight Care reviews

    The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I actually thought youd have something interesting to say. All I hear is a bunch of whining about something that you could fix if you werent too busy looking for attention.

  32. Boostaro reviews

    Hi there! This is my first visit to your blog! We are a group of volunteers and starting a new project in a community in the same niche. Your blog provided us beneficial information to work on. You have done a outstanding job!

  33. Ikaria Juice Review

    Appreciating the commitment you put into your site and in depth information you present. It’s awesome to come across a blog every once in a while that isn’t the same old rehashed information. Fantastic read! I’ve bookmarked your site and I’m including your RSS feeds to my Google account.

  34. The Genius Wave

    I’ve been absent for some time, but now I remember why I used to love this web site. Thank you, I will try and check back more often. How frequently you update your site?

  35. Fitspresso

    Very nice post. I just stumbled upon your weblog and wanted to say that I have really enjoyed browsing your blog posts. In any case I’ll be subscribing to your feed and I hope you write again soon!

  36. Fitspresso review

    This is very interesting, You’re a very skilled blogger. I have joined your rss feed and look forward to seeking more of your great post. Also, I’ve shared your site in my social networks!

  37. Pronerve 6

    I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post…

  38. adm4d

    I must show appreciation to the writer just for rescuing me from such a problem. After exploring throughout the world-wide-web and getting techniques that were not beneficial, I was thinking my life was done. Existing minus the solutions to the difficulties you’ve resolved by means of your main website is a critical case, and the ones which may have adversely affected my career if I hadn’t encountered your web blog. Your primary capability and kindness in handling all the pieces was invaluable. I am not sure what I would have done if I hadn’t come across such a step like this. I’m able to at this point look forward to my future. Thank you very much for the impressive and sensible help. I will not be reluctant to refer your web page to any individual who should receive direction on this topic.

  39. hackers for hire cheap

    Today, I went to the beach front with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!

  40. lottery defeater

    What is Lottery Defeater Software? Lottery Defeater Software is a plug-and-play Lottery Winning Software that is fully automated. Kenneth created the Lottery Defeater software. Every time someone plays the lottery, it increases their odds of winning by around 98.

  41. Zencortex

    Hi are using WordPress for your blog platform? I’m new to the blog world but I’m trying to get started and set up my own. Do you need any coding knowledge to make your own blog? Any help would be greatly appreciated!

  42. FitSpresso Review

    I’ve been exploring for a bit for any high-quality articles or blog posts on this kind of area . Exploring in Yahoo I at last stumbled upon this web site. Reading this info So i am happy to convey that I’ve a very good uncanny feeling I discovered exactly what I needed. I most certainly will make certain to don’t forget this site and give it a glance regularly.

  43. Java Burn

    Your style is so unique compared to many other people. Thank you for publishing when you have the opportunity,Guess I will just make this bookmarked.2

  44. Lottery Defeater

    Hi there would you mind stating which blog platform you’re using? I’m planning to start my own blog soon but I’m having a hard time selecting between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your layout seems different then most blogs and I’m looking for something completely unique. P.S Sorry for getting off-topic but I had to ask!

  45. Fitspresso

    Thank you for sharing superb informations. Your website is very cool. I’m impressed by the details that you’ve on this web site. It reveals how nicely you perceive this subject. Bookmarked this web page, will come back for extra articles. You, my friend, ROCK! I found simply the info I already searched everywhere and simply couldn’t come across. What an ideal web-site.

  46. coffee loophole hack

    Nice read, I just passed this onto a colleague who was doing some research on that. And he actually bought me lunch because I found it for him smile Therefore let me rephrase that: Thank you for lunch! “Life is a continual upgrade.” by J. Mark Wallace.

  47. The Genius Wave

    Hiya, I’m really glad I’ve found this information. Nowadays bloggers publish only about gossips and internet and this is actually frustrating. A good website with exciting content, this is what I need. Thank you for keeping this web site, I will be visiting it. Do you do newsletters? Can’t find it.

  48. jungle juice strain

    you’re in reality a excellent webmaster. The website loading pace is incredible. It kind of feels that you’re doing any distinctive trick. Moreover, The contents are masterwork. you have performed a great process on this subject!

  49. cheapest lipitor

    An impressive share, I simply given this onto a colleague who was doing a little evaluation on this. And he in actual fact bought me breakfast as a result of I found it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to debate this, I really feel strongly about it and love studying more on this topic. If potential, as you change into expertise, would you mind updating your blog with extra particulars? It’s extremely useful for me. Large thumb up for this blog publish!

  50. sugar defender review

    Hi there! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thank you for sharing!

  51. Dentavim

    What i do not understood is actually how you’re not actually much more well-liked than you might be right now. You are so intelligent. You realize therefore considerably relating to this subject, made me personally consider it from so many varied angles. Its like men and women aren’t fascinated unless it’s one thing to do with Lady gaga! Your own stuffs outstanding. Always maintain it up!

  52. Nitric Boost Ultra

    Thanks for another informative website. Where else could I get that kind of info written in such an ideal way? I’ve a project that I am just now working on, and I’ve been on the look out for such info.

  53. The Money Wave

    But wanna comment on few general things, The website style and design is perfect, the subject matter is real fantastic. “To imagine is everything, to know is nothing at all.” by Anatole France.

Leave a Reply

Your email address will not be published. Required fields are marked *