Bowen & Groves
Small and midsize companies should look for enterprise planning solutions that are flexible and fully support customization to ensure that the company's most valuable and unique business processes can be handled with ease.
Leverage a "collaborative sourcing" solution for strategic categories like transportation and packaging to allow category managers to work with their suppliers to identify ways for both parties to operate more efficiently, thus producing natural savings without unduly squeezing supplier margins, ensuring savings today and a stable supply base tomorrow.
Supply chain systems can fall out of sync with the business environment, leading to inaccurate demand forecasts and supply recommendations and unnecessary risk. Consider a managed service to access expertise to maintain business rules, algorithms and models within these systems without having to hire new resources.
Extend supply chain control into the cabs of your trucks by deploying technology to automatically collect data on driver behavior and vehicle location/speed in order to optimize fleet performance, maximize safety and improve supply chain visibility.
Use technology solutions to integrate scheduling, operations, quality and maintenance as a way of unlocking hidden capacity on the factory floor by managing production scheduling in real time, pinpointing the causes of plant inefficiencies and providing immediate feedback on key operating metrics.
You invest in quality, and so should your suppliers. CHEP is investing $160 million in quality improvements to enhance its customer service relationship by buying new equipment, improving its information technology equipment, and repairing and upgrading the roughly 100 million pallets it owns in the Americas.
New product introductions are ever more critical for building revenues, but quality must remain at the highest levels. Quality lifecycle management solutions can enable predictive and diagnostic product quality management across entire product lifecycles, lowering the cost of high quality while speeding market launches, keeping brands protected and improving overall financial performance.
The parts managed by field service organizations are vital to customer loyalty and profitability, but companies must leverage technology to optimize/lower this inventory while improving key service metrics.
Advanced sourcing technologies allow buyers to represent their needs in greater detail, including their willingness to accept innovative alternatives from suppliers. In return, suppliers are able to propose alternate items, materials, and service levels, which can include innovative new products and sources of supply that can deliver short-term cost savings and long-term competitive advantage.
Participate in a group purchasing organization to leverage pre-negotiated agreements and external supplier and contract management services.
Getting smart about risk management delivers great value whether the economy is stagnant or roaring.
Strategies and processes for managing supplier information, monitoring overall financial and operational stability and establishing early warning systems for alerts when conditions or parameters change are key to reducing exposure to risk.
(San Francisco, CA)
Now is the time for collaboration with key strategic suppliers to plan a path to mutual success as the economy begins to strengthen once again. And now is the time to implement systems to manage suppler performance.