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Found inside Page 333He has 17 years of professional experience in strategic consulting, supply chain transformation, management consulting, process improvement, This book introduces the integrated management concept of "Sustainable Value Creation", which delivers sustainability inside-out from the core business. However as you might imagine (or know from experience) getting multiple businesses to work together effectively can be very hard work. This diagnostic includes a maturity assessment, a quantitative breakdown, and transformation roadmaps. Get the information you need--fast! This all-embracing guide offers a thorough view of key knowledge and detailed insight. This Guide introduces what you want to know about Supply Chain Management. If you and your internal teams have never had management consulting professionals working alongside you, youre probably wondering what to expect from the experience. Our supply chain expertise is supported by a number of complementary capabilities that ensure you get teh best results possible. +15 years Manufacturing and Operations Management +10 years Global Supply Chain, Procurement, Quality Assurance and Inventory Management +3 years Process Improvement, Lean Manufacturing, and Six Sigma Career Highlights include: Executive level leadership She is an expert in the field of business development. As a strategy, supply chain management (SCM) simply means having a plan in place to monitor and update supply chain activities in real-time. If your company is growing through acquisition, you will at some point find yourself merging supply chain operations. Do you have the people in your organisation with. My only issue is how to pull together all that I know and find the right partners to work with on the areas I am still weak in such as Procurement and technology implementation. In this post, well take a look at how the supply chains are laid out, what traditional management methods look likes, and whats coming down the pipeline for the SCM (supply chain management). The advantages of hiring consultants include: Objectivity: Supply chain management consulting professionals can provide independent, impartial, fresh viewpoints free from internal influences like culture and politics. To maximize effectiveness, it is critical to evaluate both internal operations and the extended supply chain that includes suppliers and customers. The biggest trend we are observing is that the supply chains are becoming segregated into two extremes very good and very bad. Why Have Powerful Supply Chains, Powerful Careers And Powerful Corporations? We guide clients through the design and implementation of operational strategies that will stand the test of time, while creating agility and a product portfolio that is commercially and operationally optimized. Our outcomes-driven approach, market-leading technologies and integration capabilities help you evolve your supply chain workflows, hyperautomate decision-making and empower your people. Kildows book identifies the different phases of business continuity program development and maintenance, including: Recognizing and mitigating potential threats, risks, and hazards Evaluating and selecting suppliers, contractors, Its a Just-In-Time supply chain, but with never-before-seen precision: Robust, flexible, and dynamic network optimization. Do not be deceived by their short nature - these notes are only 28 pages or so. But these are 28 pages of potent dynamite that will supercharge your thinking in the right direction. A great number of companies are challenged by the need to improve demand and supply forecasting accuracy, and to plan resources according to forecasts. For most companies after all, supply chain and logistics practices are essential, but not considered to be core business activities. Its very much a two-way street, so the more you and your team know about how consultants work, the more value you can derive from consulting services. Supply chain strategy execution requires tactical proficiency in many specialised disciplines, in which your company may or may not have sufficient depth of expertise on hand. If you really want to maximise the benefits of hiring a management consulting firm, try to take advantage of all that accumulated knowledge. As discussed previously in Part 2, a supply chain strategy should be aligned with that of the overall business. In Part 2 of this guide, we shared a few examples of scenarios in which your business could benefit from management consulting help. When your firm suddenly announces that its bringing in a team of external people to work on a project, its understandable that your own staff will feel anxious and uncomfortable. Other Tactical Services: In addition to the services already mentioned, management consulting expertise can be applied to many other supply chain problems and challenges, including: The consulting services described above are offered by management consultants for a good reasonbecause they know companies like yours are in business primarily to make and sell whatever you make and sell, not to run a supply chain for its own sake. At its core, is the attempt to make the creation of products or the services more efficient. While Walmart set the bar for 20th-century distribution and the supply chain management, its the 21st century now. Why would a larger company ever want to call in a supply chain management consulting firm?. Top Skills required : - Hands-on experience with supply chain management software (such as SAP MM, AP Modules, SAP Plant Maintenance, etc.) Thats why the fees for an external consulting firm to map your supply chain, analyse cost drivers, and model alternative solutions should be considered as an investmentone which can (and often does) return millions of dollars in revenue and cost savings. The supply chain is a complex mix of activities that is focused on cost effectively delivering products and/or services. Well start with four of the reasons you might want to enlist the help of a management consulting firm to help you with supply chain issues. Very informational. Written by TAFF Inc TAFF Inc is a global leader and the fastest growing next-generation IT services provider. Thats why supply chain management consultants can be an especially valuable source of support. Prudence Consulting helps organizations to discover right solution and ensures best practices are implemented. In this section, youll find a brief review and summary of strategy alignment as a consulting service, along with overviews of other strategic services a good management consulting partner might provide. These are the most common reasons to engage a supply chain management consulting partner. This is not a vegan omelet, apparently. Getting this part right is essential to benefit fully from supply chain management consulting. Get actionable solutions for your toughest challenges and drive better outcomes with our supply chain consulting services. Part 1 provided an overview of supply chain management consulting and the benefits that can be had from working with a consulting partner. Even for companies well-versed in using outsourced logistics services, the environment is something of a minefield, making it worthwhile to have a management consulting team on your side. When inventory and/or vendor management causes problems or just becomes too time-consuming, a lot of companies will turn to a supply chain consultant for help. Here in Part 1 of our guide to maximising benefits from management consulting, well take the helicopter down for a slightly lower-level view of supply chain management consulting benefits, and explain why hiring consultants often makes very good sense. Increase product mix awareness. After the Planning Comes the Doing Click To Tweet. Sustainability is not just about going green. Found inside Page 675The broad steps in the operations consulting process (see Exhibit 25.2) are roughly the same as for any type of management consulting. Yes! Supply Chain Consulting. Those ways and means will be revealed as this, our essential guide to supply chain management consulting unfolds. Your internal team in turn, must provide a certain level of support to the consultants, by collaborating with them and providing the information they need to meet their commitments. Ultimately the goal of Supply Chain Management is to bring greater efficiency to a company by reducing errors, maintaining steady inputs, and reducing excess inventories. Others though, are more than willing to share what they know, whilst being professionally aware that they shouldnt talk about specific projects on which theyve worked. Your company may have no defined supply chain strategy, or perhaps you have one, but it seems to be ineffective. Found inside Page 19They typically have no training and little real experience in being a consultant. They generally have no idea of how to price services or of what's involved It has become necessary to think deeply and go back to the first principles for adequate management of demand. Buy this guide to discover how. If you want more details see the attached link. A supply chain contains key information for a company to determine how a product is selling so adaptations can be made to benefit the customer in cost savings and product value. Found inside Page 211Whatever your view , the emergence of supply chain management as the business focus of the new century has attracted consultants of every imaginable variety If youre a big corporation, you might have an entire organisation dedicated to supply chain operations, but there is still much value in gaining an external perspective on your strategy and tactics. Design, Analysis and Optimization of Supply Chains: A System Dynamic Approach incorporates real-world examples and cases, representing actual complex enterprise systems including firms involved and with long lead times, to illustrate the In this post, well take a look at how the It involves the activities, such as procurement and transportation; and processes, such as product life cycle management and customer service management. Supply Chain workers are required to oversee all relevant steps regarding to the process of supply chain. They take care of products from the raw material stage to the sale as an end product to the clients. Youre probably well aware that software tools exist which can be used to model your network and test alternative scenarios, but. After all, your own people like to think that collectively they have all the necessary skills to do what any outsider can, and if you look at it from a skills perspective alone, theyre probably right. Supply chain functions are critical business operations and have a significant impact on company costs and profits. In some cases, outsourcing errors lead to the cost and disruptions of a strategy reversal and a hasty return to in-sourced operations. Its the last piece in the puzzle and perhaps the most important, so dont forget to check back soon for the fifth and final part of this Logistics Bureau ultimate guide for management-consulting clients. This will help to reduce distrust, and where necessary, the champions can gather information from internal resources and share it with their external colleagues. Theres a balance to be struck in all this between finding the shortest route to completion and creating the pinch points. It wont hurt any of your staff to engage consultants in conversation, and in doing so, they can pick up some very useful nuggets of professional wisdom, especially when discussing matters relevant to the current project. With the Gibson supply chain process, we take complexity and make savings a simplified, sustainable reality. Use supply chain and manufacturing operations to create winning strategies. There are so many pieces to a supply chain that affect nearly all areas of a company, which is why ERP software has tentacles that are rooted in so many areas of a company. In the following sections of this, the final part of our guide for consulting clients, youll discover some of the typical barriers that prevent internal and external professionals from working well together, and find out how best to overcome those obstacles. A supply chain consultant might help cut shipping or storage costs. Integrated planning and execution across the supply chain. Supply chain management (SCM )is the backbone that keeps the world economy moving. supply chain management consulting services, improve performance and provide better service, achieving warehouse and DC savings and service improvements. Its time now to venture into slightly deeper waters, which well do by exploring some typical situations in which your supply chain management team might benefit from consulting help. Deloitte can help you imagine, deliver, and run your supply networks to address tomorrows challenges and opportunitiesproviding a platform for generating critical insights, optimizing business processes, and automating supply chain activities across your value chain However, a network redesign can be a substantial and expensive project, and not one you want to execute very often. The supply chain audit is a critical component of improving a companys supply chain performance as it helps Just drop us a line using our contact forms or give us a call at one of our offices in Australia or Southeast Asia. Consumers in particular, are dictating the need for brand-owners to manage omni-channel strategies, and business customers are following suit, albeit at a slightly slower pace. I have extensive background in working with multinationals such as Unilever and Diageo in S&OP, Planning and Logistics and have been exposed to different ERPs. Attaining these benefits though, depends upon engaging the right management consulting firm under the right circumstances, and on maintaining an effective partnership throughout the engagement. Moreover, they can often do so in less time than it would take to acquire the information internally. Supply chain outsourcing is a common practice nowadays, but many companies still make outsourcing mistakes. Such mergers commonly result in a surplus of assets and facilities, excess inventory, or distribution networks no longer appropriate for a consolidated business operation. You can probably also see a few places where we could make things more efficient. Insightfully written by leaders in global supply chain management, and featuring their innovative perspectives and unparalleled expertise, this book is essential reading for all business executive and managers who want to achieve Most supply chain management consulting firms offer a range of services to assist you with operational projects, process improvements, and problem-solving. This has all sorts of benefits for the Walmart and its vendors, but the biggest is that it cut down on out of stock situations. The range of possible supply chain management consulting services is pretty vast, and not every firm will offer every type of service. A management consulting partner can help you take a lot of the guesswork out of redesigning a distribution network, ensuring that nothing is missed and that the right tools and data are used to quantify the benefits of different to-be scenarios. Supply chain management is a holistic term describing the different stages through which products or services travels before finally reaching the end-user. While they mostly work with businesses involved in delivery and transport, they can work with other companies too. This is important, because to forego supply chain optimisation due to resource constraints is to potentially miss out on some major cost savings and improvement opportunities. If you enjoy what you read and find it useful, please remember to share the link with anyone you know whose business might benefit from supply chain management consulting help. When you engage a management consulting firm, its team is there to support your company in achieving specific objectives. Aside from informal chats over lunch and in project meetings though, you should insist that consultants share knowledge relevant to your project while they are onboard. Required fields are marked *. Logistics management consultants analyze and solve supply-chain operation problems for clients. Yet without a well-defined strategic approach, supply chain management can easily become a constraining factor in a companys overall success. Recommendations for change are supported by rigorous modelling and benchmarking, an innate knowledge of where to look and what to look for, and professional insight into a range of improvement opportunities. We analyze the trade terms to evaluate different pricing components and arrive at desired profitability parameters. A-15, FIEE Complex, Okhla Industrial Area, Without an effective strategy though, your companys supply chain will, As tough as it may be to get supply chain strategy right then, you really need to ensure. Until then, we hope you find this guide useful as an introduction to getting the best from management consulting. A supply chain consultant is an expert in vendor and inventory management and can assist in the management of the companys wares. The best supply chain management consulting firms offer business integration services, and as outsiders looking in to your supply chain, are in a great position to serve as impartial go-betweens. Preferred- B.Tech / MBA Tier 1 College with experience as a Supply Chain Manager for (5-8) years with strong expertise in Forecasting, Logistics planning, Inventory management. The ninth edition of SUPPLY CHAIN MANAGEMENT: A LOGISTICS PERSPECTIVE refined its focus on the supply chain approach by blending logistics theory with practical applications. You need to know exactly what to look for and how to evaluate the potential value of partnership. Again, communication is key to removing this particular obstacle. Effective supply chain management ensures that raw materials consistently arrive at manufacturing production facilities on time, in turn preventing the need to source additional materials from alternative sources, subsequently avoiding higher prices and preventing lower profitability. This playbook is focused on improving supply chain performance at the Found inside Page 556He is head of the business unit: Supply Chain Management. Srie is currently working as expert consultant in the area of supply chain optimization at Supply Chain Management Consulting. Services typically offered by these providers include: While human capital is still the most important asset in supply chain management, technology today comes a very close second. When we talk about communication in this context, we mean continuous, two-way communication (and collaboration) throughout the life of your project. Micha Hirschinger emphasizes the importance of foresight on logistics and institutions in particular for effective decision making as distinct research in this context is limited. The consultant can either take over the management and handling of the storage vendor or just advise the business on Of course we could quote many more examples. If engaged to help with implementation, consultants may indeed get involved with operational tasks, but otherwise they will spend their time investigating, analysing, and planning as part of a dedicated project team. After charting a course though, you need to navigate it, preferably as quickly and efficiently as possible. Your email address will not be published. Walmart decide to streamline by turning its system into a relationship with the vendors and the distributors. Thats why most supply chain management consulting companies specialise in this complex facet of supply chain management. 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