Manufacturing, Supply & Logistics Intelligence

Increasing profitability through effective reporting and analysis

These are historic times. Companies' supply chains have become far more global in the past decade, with the consequence that stress from the financial crisis is spreading quickly to suppliers, large and small, and hitting even the most robust economies.

The manufacturing sector has been hit hard by the global financial crisis. Reduced consumer demand led to production cuts at factories worldwide, while the credit crunch prompted some manufacturers to hoard cash and suspend investing in new opportunities. Many businesses have adopted a policy of aggressive destocking which suggest inventory levels are now much closer to immediate requirements and limiting the opportunity for further savings in this area. But there is a fine balance between restocking in the anticipation of demand improving and being stuck with excess stock if it does not.

Today's Challenges

• Customer retention – understand who are the best customers and their buying patterns
• Lack of supply chain visibility and control
• End-to-end business processes that do not work across organisational boundaries
• Difficulty exercising accountability
• Product introduction delays due to poor supply chain project management

Addressing the challenges with technology

• Understand customer profitability and behavior
• Drive performance improvement in the “extended supply chain” through collaboration with customers, vendors and other trading partners
• Ensure all players in the extended supply chain have access to the same information on demand forecasts, orders, order status, shipments, promotions and inventories
• Share operational metrics including a view of the full channel inventory, cycle times for cross-company processes, total cost to serve analysis as well as product, customer or channel profitability
• Develop and share vendor scorecards and customer service metrics such as The Perfect Order

Emerge Stronger 

Contact CONTEMPORARY today to discuss three ways to emerge stronger through:

• Identifying your key customers and understanding their changing needs and behavior
• Supply chain collaboration
• Driving operational efficiency

Talk to CONTEMPORARY

Call 0845 345 6850 or email info@contemporary.co.uk