In today’s global marketplace, having a strategic supply chain management partner with strong industry relationships can help any organization become more efficient, cost-effective, and productive. They can provide forecasting, reporting, and procurement processes, provide valuable input into new sourcing opportunities and performance management, and can improve quality, cost, delivery, and agility.
Another advantage to working with a strategic supply chain management partner is having their expertise in evaluating and consolidating suppliers. This streamlines your procurement and purchasing process and reduces risk across your entire supplier network. By reducing your number of suppliers, you can increase your purchasing power, improve efficiency, and reduce overall costs.