| Description | EN: Supply Chain Services provides planning, coordinatiion, and management of the flow of goods, information, and finances from raw material sourcing to product delivery to the end customer, offerted by the Supply Chain function. FR: Les Services de chaines d'approvisionnement assurent la planification, la coordination et la gestion du flux de marchandises, d'informations et de finances, depuis l'approvisionnement en matières premières jusqu'à la livraison du produit au client final, proposés par la fonction de la chaîne d'approvisionnemen |
|---|---|
| Name (FR) | Services de chaines d'approvisionnement |
| Implementing Functions |
Logistics ,
Supply Chain |
| Packaging Library |
Industry Shared Assets |
Supply Chain ServicesSupply Chain Services provides planning, coordinatiion, and management of the flow of goods, information, and finances from raw material sourcing to product delivery to the end customer, offerted by the Supply Chain function.
Inventory Management (*)
Focuses on efficient control, tracking, and optimization of inventory levels. It involves maintaining optimal stock levels, accurate tracking, forecasting demand, and ensuring effective storage and retrieval. By balancing lead times, order quantities, and demand fluctuations, it reduces costs, prevents stockouts or overstocking, and ensures timely order fulfillment.
Inventory Optimization
Focuses on maintaining optimal stock levels by balancing factors such as lead times, order quantities, and demand fluctuations. It integrates with accounting systems to provide analysis of costs, inventory turnover, and profitability. This helps avoid overstocking and stockouts while maintaining efficient operations and cost control.
Inventory Planning
Involves analyzing historical data, forecasting future demand, and aligning inventory levels accordingly. The goal is to ensure sufficient stock availability while minimizing excess inventory and related holding costs. Accurate planning supports operational efficiency, timely production schedules, and cost reduction.
Stock Keeping
Involves systematically tracking and recording all movements of inventory, including stock levels, locations, and movements across various storage points within the enterprise. This ensures real-time visibility into inventory status, reduces errors, prevents stock discrepancies, and enhances decision-making with reliable data.
Warehouse Management
Manages the efficient storage, retrieval, picking, packing, and shipping of inventory within warehouse operations. It ensures that warehouses are optimized for space, labor efficiency, and quick order fulfillment. This capability helps reduce operational delays, improve order accuracy, and meet customer demands promptly.
Vendor Management (*)
Focuses on managing relationships with external vendors. This capability involves selecting vendors, negotiating contracts, and monitoring performance to ensure adherence to standards. Effective vendor management helps enterprises achieve better terms, maintain high-quality products or services, and optimize their supply chain processes. Therefore, it is essential for enhancing procurement efficiency and ensuring the reliability of the supply chain.
Collaborative Innovation and Value Creation
Fosters joint ideation and creativity between vendors and the enterprise. It expands beyond internal resources, tapping into external expertise to generate new ideas. This capability aims to foster a culture of innovation and enhance the enterprise's value proposition. By collaborating with vendors, enterprises can leverage diverse perspectives and drive innovation across the value chain.
Vendor Analysis and Optimization
Assesses and optimizes supplier performance by analyzing key metrics such as cost efficiency, delivery timeliness, and product quality. The goal is to strengthen supplier relationships, negotiate better terms, and reduce risks. This capability enhances supply chain reliability, improves sourcing decisions, and ensures long-term sustainability of vendor partnerships for overall operational efficiency.
Vendor Exit
Manages the formulation and implementation of strategies for exiting or transitioning from vendor relationships, ensuring a seamless process. This involves meticulous planning and execution to minimize disruptions, uphold operational continuity, and safeguard enterprise's interests during the transition phase.
Vendor Risk Assessment and Mitigation
Evaluates and addresses potential risks associated with vendor relationships to minimize adverse impacts on enterprise operations. This capability entails assessing vendor performance, financial stability, and operational resilience to identify and mitigate risks effectively. Risk Assessment and Mitigation aim to enhance decision-making, protect enterprise interests, and foster sustainable vendor partnerships.
Vendor Selection and Contracting
Involves identifying, evaluating, and selecting vendors based on criteria such as quality, cost, reliability, and alignment with enterprise needs. It also includes negotiating terms, ensuring compliance with contractual obligations, and fostering strong supplier relationships to secure necessary goods and services efficiently and effectively.
Supply Chain Services