It is of most importance for manufacturers to make their supply chain as lean and efficient as possible. However, it can be difficult to know where and how to begin. Thanks to Transplace’s president of Supply Chain Consulting Services Brooks Bentz, we gained insight on the best practices in achieving a successful supply chain. We also learned what obstacles to avoid and how to automate operations.
Supply chain the best practices and obstacles to avoid
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Supply Chain: The Best
Practices and Obstacles to
Avoid
It is of most importance for manufacturers to
make their supply chain as lean and efficient as
possible. However, it can be difficult to know
where and how to begin. Thanks to Transplace’s
president of Supply Chain Consulting Services
Brooks Bentz, we gained insight on the best
practices in achieving a successful supply chain.
We also learned what obstacles to avoid and
how to automate operations.
Obstacles in Achieving an Efficient Supply
Chain
According to Bentz, the main obstacle in
achieving a successful supply chain is using last
century’s operating practices to operate today’s
supply chains. A lot has changed for the last 100
years. The lifecycles of products are lower. The
supply chains are not flexible enough to respond
to dynamic markets. The expectations of
customers, suppliers, and even your trading
partners are higher. At the present, everyone
needs faster and more accurate information in
order to perform better decision-making and
execute superior management. Fortunately,
advanced technology has changed the face of
logistics and transformed supply chains to
become more responsive and dynamic in
meeting the expectations of customers and
improving their experience.
Best Practices to Combat these Obstacles
As stated by Bentz, the best way to combat these
obstacles is transforming the logistics operations
by having strategic vision, mapping as-is
processes, and translating that vision into a
roadmap of future success.
Of course, the supply chain still needs to follow
the usual steps such as visualizing a product,
designing, engineering, prototyping, testing, and
evaluating. The product will be ready only after
undergoing these critical steps.
Automating Supply Chain Operations
End-to-end supply chain management is the holy
grail of supply chain. You need the best
technology with the best software relevant to
your supply chain functions. You need a unified,
integrated suite of technologies to achieve
supply chain visibility, event management, and
execution.
In conclusion, supply chain success can only be
achieved by transforming your logistics
operations and by using the best software
relevant to your supply chain functions. Not
being able to adapt to the dynamic nature of the
industry is the main obstacle that hinders your
company from gaining success. You need to
leverage technology to meet the expectations of
your customers and improve their experience.