Supply chain management
“Every company has different pressure points within its supply chain and identifying the ‘controllable vs. non-controllable’ factors assists in pinpointing both the short-term tactical solutions as well as long-term strategies.”
Companies with effective supply chains yield higher revenue
Supply chain management is no longer a one-size-fits-all solution; it’s about creating a tailor-made process that helps streamline every aspect of your business.
Supply chain systems are becoming increasingly complex, involving a global network of people, processes, resources, activities, ESG (Environmental, Social, Governance) criteria, and technologies. As the demand for better integration becomes more challenging, so does the opportunity for growth. As your company considers strategic growth, it’s important to incorporate an SCM solution that works on every level because effective and efficient supply chain management is one of the largest contributors to increased revenue and decreased costs. A well-managed supply chain provides companies with the ability to execute best practices in the following areas:
- Demand planning
- Inventory management
- Information systems
- Risk management
- Contingency planning
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The Powers solutions puts people first always
The first step in developing a successful supply chain is identifying each department’s customer base—then focusing on customer service. Our customer-centered approach is 100% process-driven, meaning it’s our customers and their clients who benefit from better integration.
At POWERS, we go through an extensive review of your company’s supply chain, starting with your broad sales forecasts up to procurement, forecast trends, all the way through to delivery. Because each company has its own set of specific pressure points, our dedicated team creates a tailor-made business solution to help meet the needs of every aspect of your supply chain.
In other words, you can rest easy knowing your business is in good hands.
Strategic planning is the key to cutting costs and increasing ROI
As current economic forecasts are shifting, it’s important to look at your entire value chain process instead of simply the final result. Most companies augment their business models based on trend forecasts and data. But very few take a holistic approach and focus on how their sales, manufacturing, planning, and purchasing departments can be connected strategically, instead of improving each segment individually.
Creating a better supply chain management system can help:
When it comes to creating a functional—and profitable—supply chain, one of the first tasks is breaking down the existing silos. Not only do these traditionally drive up costs, but outdated silos are also often roadblocks in improving overall productivity.
POWERS aligns your supply chain through Integrated business planning (IBP) and sales and operating solutions (S&OP) to help remove ineffective and outdated business silos altogether. By getting rid of the various disconnects that pop up in your supply chain, you can save time, become more streamlined, and become more strategic in your overall approach.
Looking at each aspect of your business holistically
We combine our focus on operationalizing your organization’s culture with the latest supply chain management strategies to minimize costs and increase revenue.
More often than not, companies with lukewarm supply chain integration experience large disconnects within their various departments. Whether it’s in the planning phase, production, sales, or even logistics, using integrated business planning is the fastest and most effective way to both strategically align and optimize your supply chain from start to finish.
SCM covers every area of production, but not every aspect can always be accounted for. Highlighting the difference between controllable and uncontrollable factors is the key to creating a successful long-term strategy. By expanding our scope to encompass a more holistic approach, our S&OP operations are designed to target both short- and long-term strategies.
Key areas of Supply Chain Management include:
- Sales forecasting
- Customer segmentation
- SKU rationalization
- Planning and scheduling
- Inventory management
- MRO/equipment purchasing
- Manufacturing support
Identifying your different pressure points
Instead of building barriers, we’re breaking them down.
Most companies divide their supply chain into various departments, depending on size and scope, which often results in missed opportunities, or worse, lost revenue. Our approach is designed to help improve and align your operational culture, oiling the gears, and helping your business run as smoothly—and profitably—as it possibly can.
Every business operates differently, but there are often similar strategies that can be used to benefit them. We look at each business’s different pressure points within their supply chain before recommending adjustments. By identifying the various factors that are either hindering or benefiting performance, we can implement quick tactical solutions that help boost both short- and long-term growth.
Read further insights from powers
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Powers Revitalizes Operational Excellence With $1.2 Million In Annualized Savings For A Tier 1 Automotive Manufacturer
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