8 Supply Chain Process to Develop Strong Supply Chain Management

The untold hero of the manufacturing industry is supply chain management. Although it is not glamorous, there is nothing tangible that can validate your efforts. But it is the foundation of every manufacturing company. A strong supply chain process helps improve inventory management, reduces waste, and frees capital that could otherwise be held in stock. It’s well worth doing! Supply chain management is not something that can be done by itself. It must be built upon the foundation of key business processes. SYSPRO, an ERP system that is best in class, offers a platform to facilitate Supply Chain Integration by looking at these key supply chain processes.

1. Customer Relationship Management

This structure helps customers to develop and maintain relationships. Based on the value of customers over time, individual customers and groups can be identified. Customers’ loyalty can also be increased by offering tailored products and services. Cross-functional customer teams develop Product and Service Agreements (P&S) for key accounts and segments.

They work closely with key customers to improve their processes, eliminate demand variability, and reduce non-value-added activities. Performance reports can be used to assess the profitability of customers and the financial impact on customers.

Originally publish on The Tech Trend