Logistics have always been a significant and time-consuming part of supply chain management; however, we are all too well aware that logistics are only one piece of the procurement puzzle.
To build a robust supply chain that delivers high-quality products, we must take a more holistic approach, protecting our supply chains, business reputation, and more.
We need to look from the very beginning, from sourcing the right raw materials to working with the most suitable manufacturers to managing quality on the production line, the huge area that is compliance and regulation, sampling, delivery, and even storage.
Good supply chain management is more than moving goods from one place to another: it’s about collectively managing all the moving parts.
There’s a lot to consider
Working in procurement for several years, we understand the challenges and business headaches that come with managing and maintaining a good supply chain.
Ultimately, you need to get high-quality goods at the most cost-effective prices to your customers quickly and effectively.
However, with constant supply chain disruptions, sourcing the right manufacturers, negotiating contracts and pricing, and achieving and keeping everyone to set deadlines, supply chain management soon becomes a full-time job…on top of the one you already have.
This is where taking a holistic approach to supply chain management to protect your business from future disruption comes in.
Helping you fulfil demand, drive value, build relationships, reduce risk, and keep your competitive advantage.
Protecting your business
Taking a holistic approach means identifying every aspect of your supply chain and working on efficiencies in the system.
It requires careful planning, an understanding of how and where to source high-quality raw materials, a process for managing manufacturers, the ability to conduct quality audits, procedures to manage and check quality control, and experience negotiating contracts to ensure cost-effective pricing and ability to meet deadlines.
Working from the beginning, you must carefully review and choose the suppliers and manufacturers you work with. Do they hold the proper certifications and quality assurance documents? Can they manufacture what you require? Do they provide samples? Have you seen their work?
Finding out as much information about the suppliers and manufacturers you work with can provide you with peace of mind that your goods and services are in good hands, you’re supplying high-quality goods to your customers, and you can balance supply and demand.
You must also have clear and open lines of communication. How do you manage language and cultural differences? Who is responsible for the coordination, measurement, and control of processes, stock management, and waste reduction?
This is where we cannot stress enough how important contract negotiations are in supply chain management. Contracts help to provide clear communication, outlining roles and responsibilities, deadlines and milestones, and costs associated with all manufacturing aspects.
Ultimately, having the right contract in place means everyone is on the same page and understands exactly what is required of them. Protecting you from compliance risks and regulation issues when manufacturing and sourcing goods and services overseas.
Then comes delivery and logistics, ensuring that goods reach their destination in perfect condition, looking at transportation, warehousing, distribution, import charges, taxes, and more.
It is across all areas of effective planning, sourcing, negotiating, and monitoring that we place emphasis on collaboration and coordination. Bringing all of the elements of the supply chain together, eliminating bottle necks, streamlining operations, and enhancing transparency, all leading to:
- Cost savings
- Increased efficiency
- Flexibility and ability to adapt
- More agile processes
- Improved customer experience
- Competitive advantage, and
- Resilient supply chain networks.
GHL Procurement
We’re different from everyday procurement teams.
We go beyond sourcing goods and getting them delivered to you.
We look at every aspect of the supply chain, from inception to delivery to minimise risk and create efficient and streamlined processes for your business.
From reviewing and searching suppliers to conducting factory audits, organising sampling, carrying out contract negotiations, agreeing on manufacturing milestones, and finally agreeing on final shipping destinations, we deal with all processes to ensure all parts of your supply chain work together like a well-oiled machine.
We know the pressures supply chains have been under over the past few years, and we understand that if one part or area fails, then the entire supply chain is at risk of failing.
That’s why we offer an end-to-end procurement solution, protecting your business reputation, meeting business objectives, creating sustainable practices, meeting demand, and protecting your costs and bottom line.
When we look at supply chains beyond logistics, we can see how we can optimise the flow of goods, information, and money effectively and efficiently.
If you’re looking for a seamless and efficient procurement partner, speak to us today and let us know how we can help you.
