Small business owners often ship products out to their customers. However, unlike large businesses, a small operation often has limited resources and a small staff. These two factors often lead to oversights in their supply chain management.
If you are a small business owner, the following supply chain management mistakes could be detrimental to the success of your business.
Availability is one of the most important things a wholesaler or a retailer can give to a customer, but you can’t have good availability without a solid supply chain.
Supply chains are facing the perfect storm of disruption – from radical transformations of industry to disasters like the extreme weather events recently felt across the world.
With retailers and suppliers battling it out for additional profits, there are times when the customer interests get compromised. Therefore, having a robust and future proof supply chain helps companies reach higher levels of customer satisfaction by addressing the key concept of product availability.
Today’s shippers are ushering in a new age of real-time supply chain visibility. Long gone are the days of delayed EDI, manual check calls and multi-day delivery windows. These are things you already know.
Are you looking to empower your customers and transportation operations with visibility offerings that will give you a competitive advantage?
Inventory management is the management of inventory and stock. As an element of supply chain management, inventory management techniques includes aspects such as:
Tracking inventory can be tedious work, but it’s vital to running a business. Inventory management systems are designed to handle most of the administrative work, making it easy to put an important part of your business on autopilot.
