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How Supply Chain Strategy Professionals Can Help You

Supply chain is a network of all elements such as organizations, individuals, resources and technology that forms part of the process of getting the actual product to the customer. Supply chain strategy comprises of the activities and operations taken with the intention of meeting set goals that are related to supply chain. It supports a business strategy and focuses on keeping costs low with regards to the operations of a business. Documenting a supply chain strategy provides a clear purpose and keeps sight of the plan and can develop steps to be taken. It is a way of establishing how to work with a business’ supply chain partners, which normally are suppliers, distributors and customers. Supply chain partners could also include the customers of your customers too. Hiring freelance supply chain strategist can be done on Guru.

Supply chain strategists are responsible for developing and the implementation of sourcing strategies. They are able to ensure the consistent and high quality supply of material at a lower cost. They develop teams that include quality and conversion specialists as well as product supply specialists. Developing and implementation of inventory management strategies whilst monitoring supplier performance by using certain techniques that could include ranking and rating. They develop a supplier base that takes into consideration key cost elements, any market trends and a make vs buy analysis. The supplier base development could also include the financial analysis and any leverage opportunities. They make use of computer software such as Royal 4, SAP SCM, Contract Insight, Kenandy Cloud ERP and Transwide TMS (to name a few). Hiring a freelancer to take care of your supply chain strategy development can be done on Guru.

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