supply chain solutions Archives | Quantzig

Tag: supply chain solutions

supply chain analytics

Quantzig’s Supply Chain Analytics Solutions Helped A Renowned Medical Device Manufacturer to Curtail Risks Associated with The Supply of Products and Improve Supply Chain Visibility

“With the help of Quantzig’s supply chain analytics solutions, we were able to improve supply chain planning, reduce excess spend. and improve the demand forecasting process.”

About the Client

The client is a renowned medical device manufacturer based out of Austria. 

The Business Challenge

With operations becoming complicated, a renowned medical device manufacturer faced the need to increase the efficiency of their operations across the supply chain to remain competitive in the market space. With the growing concerns related to delayed shipmentsinefficient plants, and inconsistent suppliers, the medical products manufacturer wanted to reduce operational costs to improve supply chain responsiveness and product quality. Also, the medical products manufacturer wanted to gain insights into healthcare trends in terms of the people, processes, assets, and the entire value chain.

Quantzig’s cognitive supply chain analytics capabilities help organizations to analyze dynamic demand patterns and improve forecasting capabilities. Request a free brochure of our analytics solutions right away to gain in-depth insights.

Based on the business requirements, the client collaborated with Quantzig  to leverage its expertise in offering supply chain analytics solutions to help them achieve better visibility and control over the supply chain and logistics operations across all locations and build capabilities to identify savings opportunities.


Solution Offered and Value Delivered

Quantzig’s advanced supply chain solutions help companies identify new opportunities within the supply chain and benchmark costs across each of the supply chain nodes. Quantzig’s dedicated team of experts used best-in-class processes, cutting-edge tools, and their deep domain expertise to design a three-pronged approach to tackle the challenges faced by the medical device manufacturer. This comprehensive approach helped the client to transform their supply chain into a world-class organization that’s tailored for success.

Talk to our supply chain analytics experts and learn how we can help you reduce maverick spend and improve supply chain efficiency.

Phase 1

The first phase of supply chain analytics engagement focused on supply chain risk analysis. Our analytics experts helped the client to gain insights into historic supply chain information by region, vendor, and product hierarchies. Such detailed insights empowered the client’s sourcing team to improve their supply chain decisions.

Phase 2

The second phase of this supply chain analytics engagement revolved around developing a customized dashboard to help the client track and control inventory in the warehouse. This helped the client to precisely track and monitor supplier performance in real-time and drill down to the root cause of performance inadequacies.

Phase 3

The third and final phase of the supply chain analytics engagement focused on improving supply chain visibility. This enabled the client to gain real-time visibility into their supply chain processes and identify potential risks that were impacting their ability to deliver the right products at the right time.

We help companies to optimize working capital and boost bottom-line results with the help of our customized supply chain analytics dashboards. Gain limited-time complimentary access to our analytics platform today.

Business Outcome

Supply chain analytics solutions offered by Quantzig helped the medical devices manufacturer to gain relevant insights into the medical devices sector and the opportunities in the medical devices manufacturing space.

Quantzig’s supply chain analytics solutions also empowered the client to:

  • Enhance supply chain visibility
  • Improve demand forecasting methods
  • Optimize supply chain networks and improve efficiency

Learn more about how our supply chain analytics solutions can help you optimize your inventory and drive profitability.

Supply Chain Network Optimization

Supply Chain Network Optimization Helped an Apparel Manufacturing Company to Improve Operational Efficiency and Enhance Profit Margins by 35% | Quantzig’s Success Story

A leading apparel manufacturing company in the U.K was facing several predicaments due to the growing complexity of its global supply chain network. With the expansion of its customer base globally, the company wanted to make its network operations more flexible, efficient and responsive to dynamic business scenarios. That is why they approached Quantzig to leverage its expertise in offering supply chain network optimization solutions to redesign its supply chain to manage complexities and improve operational efficiency.

Today it has become highly crucial for businesses to optimize the flow of goods within their supply chain network to increase savings on procurement cost and improve service efficiency. While focusing more on improving service levels and reducing working capital, businesses generally fail when it comes to   aligning their network optimization programs with long-term business goals. Supply chain network optimization solutions help businesses to design, build and manage an enterprise network that not only supports but helps continually foster profitable growth. Our structured approach to supply chain network optimization helps companies in reducing end-to-end supply chain costs including purchasing, production, warehousing, inventory and transportation, while significantly enhancing profit margins and service levels.

Our robust network optimization solutions help companies to proactively identify improvement areas in both the upstream and downstream supply networks. Request a FREE proposal to gain in-depth insights into our portfolio of supply chain network optimization solutions.

Business Challenge

The client, an apparel manufacturing company based out of U.K, was looking to develop an ongoing capability to evaluate business and environmental changes that were affecting their supply chain. Also, the client wanted to identify the optimal number of warehouses that would help them in minimizing distribution costs and fulfilling customer demands. They approached Quantzig to leverage its network optimization capabilities to address their core business challenges and improve profit margins.

Our supply chain analytics experts can help you optimize the efficiency and capability of your network management systems, methods, and processes. Get in touch with them right away!

Solutions Offered and Value Delivered

Quantzig’s supply chain network optimization experts adopted a comprehensive approach to understanding the client’s profitability targets and growth ambitions. This engagement included several phases that started with a detailed evaluation of the current supply chain performance of the client. With this insight, our supply chain analytics experts made recommendations for improving the efficiency of supply chain operations. Also, by analyzing and extracting insights from the client’s internal supply chain data, our supply chain analytics experts were able to uncover several cost-saving opportunities during the evaluation phase.

Quantzig’s supply chain network optimization solutions also helped the client to:

  • Optimize resources and raw materials in the upstream supply network
  • Achieve significant improvements in performance by shortening the internal clearance processes
  • Improve profit margins by 35%

Supply chain network optimization can help in improving logistics and supply chain operations across industries. Wonder how? Request a FREE Demo below.

inventory optimization

Quantzig’s Inventory Optimization Solutions Helped a Major Retail Company to Improve Supply Chain Efficiency by 18%

A leading retail chain based out of Norway was facing several challenges due to a myriad of inventory management problems such as demand fluctuations, reverse logistics, overstocks, managing SKU’s, bullwhip effect, and stock-outs. To tackle such predicaments, they approached Quantzig to leverage its inventory optimization solutions to maintain an accurate count of their inventory and improve overall supply chain efficiency.

The Business Challenge

For retail companies, inventory is the largest incessant investment today, so getting the most out of this investment is important for success. Yet inventory optimization in an omnichannel world presents a whole new set of predicaments for retail players. Though retail businesses are adopting innovative approaches to enhance their service levels, they fail to devise effective strategies to make it profitable.

Quantzig’s supply chain solutions follow the critical path method for managing and overcoming supply chain disruptions which can otherwise lead to huge financial losses. Request a FREE proposal to gain better insights into our portfolio of services.

Better inventory management plays a crucial role in improving customer satisfaction levels which, in turn, helps retail companies in the long run. Inventory optimization is the easiest proven path to significant cost savings and increased revenue for retail companies. At Quantzig, we offer inventory optimization solutions that help businesses to strike the perfect balance between inventory investments and service levels. Also, it empowers them to build an optimal inventory system that is more connected, intelligent, and scalable.

To combat the growing threat posed by online retailing, a leading retail company in Norway was looking at a holistic approach to inventory management to manage their warehouse at multiple locations, deal with overstocks and out-of-stock scenarios, and overcome inventory risks.

Our inventory optimization experts help leading companies identify and measure the risks in the inventory. Get in touch with them right away to know how.

Inventory Optimization

Solutions Offered and Value Delivered

Quantzig’s inventory optimization experts adopted a comprehensive approach to understanding the pain points in the client’s supply chain network. They leveraged advanced algorithms to optimize stock levels and provide better control over the inventory. Furthermore, this helped the client to save money, improve their customer service levels, and boost customer satisfaction significantly.

Our inventory optimization solutions also empowered the client to:

  • Reduce inventory levels by 25%
  • Improve cash flow and return on invested capital
  • Enhance production cycles, visibility, and agility across all points of supply chain
  • Boost supply chain efficiency by 18%

Quantzig’s supply chain solutions empower companies with real-time data visualization dashboards to make accurate decisions and gain better control over the inventory system. Request a FREE demo below to know more.

fleet risk management

Fleet Risk Management: 3 Best Practices Businesses Should Follow for Preventive Fleet Maintenance

Fleet risk management is a crucial component of fleet operations for companies that focus on freight, delivery, transportation, and any other type of business that utilizes multiple vehicles. So, for them to remain in regulatory compliance while promoting a safe and sustainable environment with a fleet of well-operating assets is very important. Assets like equipment and vehicles carry inherent risks for fleets. Therefore, it is important to have an actionable fleet risk management plan in place since it is important to keep your fleet running efficiently without incurring costly fines for violating regulations or liability of accidents. In this article, we have highlighted a few best practices that can help companies to improve their fleet risk management process and can help them reduce claims and lower insurance premiums.

Devising fleet risk management strategies is a daunting task that presents a significant level of risk and complexity. Don’t you agree? Get in touch with our experts today!

Fleet Risk Management Best Practices

Best practice #1: Vehicle inspection management

Conducting daily vehicle inspections is very important to create a proper fleet risk management plan. It helps in verifying that the asset is functioning in a safe manner and is not in a condition that could threaten an operator. Also, it allows operators to visually and physically verify any and all aspects of the fleet that are important. Businesses can leverage our fleet management solutions to track driver vehicle inspection reports and easily analyze large amounts of data to determine if there are any recurring trends. Paper vehicle inspections make it difficult to remain organized. As a result, businesses are forced to utilize their precious time to input the data into outdated systems of fleet management like Excel spreadsheets.

Quantzig’s fleet management solutions can help you prevent accidents and reduce the number of claims. Request a FREE proposal to gain better insights into the portfolio of our services.

Best practice #2: Fleet driver safety

Fleet driver safety should be the primary concern for any business. To promote safety across your fleet, you should implement safety procedures and set certain restrictions. Also, to ensure fleet driver safety, it is imperative that you include safety procedures in your driver’s vehicle inspection report like inspecting the condition of tires, seat belts, or looking for exposed wires. Furthermore, fleet managers can also enforce driver safety with the help of different fleet management services and solutions.

Best practice #3: Maintaining automotive compliance

Providing a safe working environment for employees is important for companies. Companies need to conduct proper inspections and keep a detailed history of driver vehicle inspection report logs. Also, it is important to ensure that both drivers and commercial vehicles meet set standards by conducting thorough inspections that verify things like hours of service and vehicle condition. This helps companies to establish a robust fleet risk management plan.

We help our clients create an overview of driving times and downtimes through heat maps on custom dashboards. Request a FREE demo below to know more.

logistics management

Secret Tips to Improve Your Working Capital Management

Working capital is an essential metric across industries that helps in assessing the financial health of any business in the long-term. It can be measured by comparing its current assets to its current liabilities. Also, it indicates the level of short-term liquid assets after short-term liabilities are paid off. Effective working capital management ensures adequate cash flow is maintained by businesses, helping them meet their short-term undertakings. If a company fails to manage its net working capital effectively, it can result in cash flow problems such as liquidation of assets, legal troubles, and potential bankruptcy. Therefore, effective working capital management should be one of the top priorities of businesses. Here are some of the effective tips that companies can follow to improve their working capital management.

Working capital management can help companies in enhancing the visibility of key-value KPIs such as turnover ratios and cost benchmarking. Want to know how? Get in touch with our experts right away.

Tips to Manage Your Working Capital Effectively

Tip #1: Optimize inventory and manage procurement

Inventory management plays a crucial role in making the most of your net working capital.  If stocks are in excess, this can impact the cash resources of any business negatively, whereas, insufficient stock can lead to loss of sale and damage relationships with customers. One of the major challenges that companies face is having optimum levels of stock. Also, companies should focus on establishing better communication between departments to avoid unnecessary levels of stock.  All these measures can ultimately help in improving their approach to working capital management.

Tip #2: Pay vendors on time

The analysis of working capital levels shows that companies that pay on time establish better relationships with their vendors. Also, such companies can crack better deals, discounts and payment terms. It acts as a counter-intuitive approach to working capital management. If suppliers are happy, it can help in saving costs significantly in the long run by securing larger discounts in bulk orders and maximizing the credit period.

Quantzig with its expertise in working capital solutions helps its clients to satisfy both maturing short-term debt and upcoming operational expenses. Request a FREE proposal to gain in-depth insights.

Tip #3: Make informed financing decisions

Managing working capital enables companies to make better, strategic investment decisions. This can help in driving operational performance and efficiencies. On the other hand, unavailability of sufficient operating liquidity due to unpaid invoices or assets being tied up in the inventory can impact cash flow heavily. Therefore, to improve working capital management informed decision making is very important.

Our supply chain analytics solutions help companies optimize working capital and boost bottom line results by improving their supply chain efficiency. Request a FREE demo to know more.

Tip #4: Manage debtors effectively

For effective working capital management, it is crucial to managing expenses. For this, businesses need to reassess their credit terms with debtors to make sure they are not given too big a window for payment. Companies should necessarily review credit terms to ensure that the level of credit being offered to debtors is coordinated with its cash flow needs.

Are you looking for more useful tips to manage your working capital? Request for more information below.

Get More Info:

creative media

Analyzing and Visualizing Demand Across Regions and SKU’s with the Help of a Supply Chain Management Dashboard | A Case Study on the CPG Industry

The client is a leading manufacturer and supplier of consumer packaged goods with several business units spread across Germany. With market expansions efforts in full swing, the client faced major OTIF delivery issues due to lack of complete supply chain visibility and poor coverage rates. Though the company achieved substantial growth through mergers and acquisitions, their inability to address the supply chain issues proved to be a major roadblock for future expansion initiatives.

The Business Challenge

The supply chain of modern enterprises does much more than just physically transporting products and raw materials from one place to another. The digitally unified world today requires supply chains to act as the nexus between a digitally coordinated information ecosystem and the network of suppliers in order to enhance visibility, transparency, and flexibility. However, with the ongoing digital disruptions and globalization, businesses are reeling under the pressure to enhance supply chain visibility, which in turn has increased customer expectations and stretched supply chains to the farthest reaches of the planet. In fact, customer demands for faster response times now represent one of the top challenges for the effective supply chain management.

Gain a holistic view of your datasets with customized supply chain management dashboards. Contact our experts right away!

Top Challenges Faced by the Client

Owing to their continuous market expansion efforts the CPG firm experienced increasing degrees of supply chain complexities along with a surge in costs for several years but did little to address the issues. The fragmented and decentralized nature of its supply network was mainly because the client lacked the basic analytics capabilities and a supply chain analytics dashboard to track supply chain processes.

Problem Statement 1

With order volumes exceeding millions and an average of 10,000+ monthly orders, the client needed to establish a robust supply chain management dashboard with different routing capabilities to track and monitor orders from different locations. The client’s current supply chain management approach offered limited insights into such processes, giving rise to several issues related to OTIF deliver.

Problem Statement 2

The client’s supply chain management strategy clearly did not offer the required insights into the supply chain processes to facilitate informed decision making. This proved to be a major challenge as it required the client to devise a holistic approach to enhance supply chain visibility across their global network.

Problem Statement 3

With a vast product portfolio and several different product categories under its umbrella, the client faced several challenges that hindered growth. The client needed to develop a supply chain management dashboard that compasses enterprise-level capabilities, technology, analytics, and data management skills to efficiently tackle supply chain disruptions.

Take Your Business to a Higher Level With the Help of Customized Supply Chain Management Dashboards

Request a FREE proposal to know more about our supply chain management solutions. 

Solutions Offered and Value Delivered

To gain the desired insights and tackle the complexities, the supply chain analytics experts at Quantzig adopted a comprehensive three-pronged approach that revolved around leveraging advanced supply chain management solutions.

Phase 1

The initial phase of this engagement focused on the development of a robust supply chain management dashboard to track and monitor OTIF performance across different nodes.

Phase 2

In the second phase, a dedicated team of supply chain management experts and data analysts were assigned the task of developing a supply chain visibility model to gauge the impacts of OTIF failures.  

Phase 3

The third phase of this supply chain analytics engagement revolved around implementing a system dynamics-based simulation model to accurately predict the probability of OTIF failures in different scenarios.

Want more information on how supply chain management dashboards can help you drive tangible results across the entire supply network? Our experts are here to help you!

The supply chain management dashboard along with the robust supply chain solutions empowered the client to enhance end-to-end supply chain visibility across different product categories. The supply chain management dashboard also helped the client to accurately identify and prioritize scenarios that would lead to a higher probability of OTIF failures. By enhancing supply chain visibility, the client was able to accurately predict the probability of delays in the delivery process and make informed decisions regarding corrective actions. The customized supply chain management dashboard also offered a comprehensive view of delivery performance along with in-depth insights into the impact of late deliveries. This further empowered the sales and operations teams to redesign their approach to supply chain management, enabling them to split and re-allocate deliveries to get OTIF back on track.

The supply chain management dashboard also enabled the client to:

  • Improve OTIF delivery for outbound supply chain by 89%
  • Improve OTIF delivery for inbound supply chain by 80%
  • Gain near real-time visibility of orders across the supply chain

What are the Key Elements of Supply Chain Management?

(more…)

supply chain visibility

Weekly Round-Up: A Storyboard on the Importance of Supply Chain Visibility

LONDON: Quantzig, a leading analytics services provider, has announced the release of their latest storyboard on the importance of supply chain visibility and how it can help businesses improve customer service and control costs through proactive status updates of inventory, effective inventory management, reduction in supply chain disruptions, and risk mitigation. Supply chain visibility is the key to gain advanced insights into supply chain operations.

By leveraging supply chain visibility solutions, companies can integrate such insights with customer’s data and optimize their supply chains efficiently. Also, supply chain visibility can help businesses to understand customer demands, improve decision making, and enhance agility.

Quantzig’s analytics solutions have helped leading companies to make data-driven decisions and boost profitability. Below, we have summarized some of Quantzig’s recent success stories for this week and have also highlighted ways in which supply chain visibility solutions have helped companies to improve workflow and reduce inventory effectively.

Are you wondering how to increase the efficiency of your supply chain operations? Our supply chain analytics solutions can help. Get in touch with our experts now!

#1: Supply chain visibility reduced the replenishment rate by 20%: Optimizing the decision-making process and increasing efficacy in the supply chain are daunting tasks for companies across industries. But it should not be a matter of concern if your organization has a better perceptibility of the supply chain processes. A leading manufacturer in the U.S was facing a similar issue but experienced a great change in their replenishment cycle by leveraging Quantzig’s supply chain analytics solutions. These solutions also helped them to improve their forecast accuracy by 85%.

Supply Chain Visibility Engagement – 20% Reduction in Replenishment Cycle

#2: Mitigated the failures across inbound and outbound supply chains with the help of supply chain analysis: Are failures in inbound and outbound deliveries worrying you? This is where supply chain visibility solutions can help as it helped one of Quantzig’s clients, a renowned sports goods and apparel manufacturer. By leveraging Quantzig’s solution, the client was able to gain insights into the exploratory and univariate inbound data. Also, supply chain visibility solutions helped the company to identify the wholesale channel that had the lowest out-bound OTIF levels.

Supply chain visibility and root cause analysis for OTIF failures across inbound and outbound supply chains

#3: Why is supply chain visibility important for your business? Globalization, rapidly growing competition, and the increasing market complexities have swollen the difficulty for companies to keeps tabs on their ever-expanding networks of the supplier. This is the time for companies to leverage supply chain visibility solutions. Supply chain visibility aims at improving and strengthening the supply chain and making information easily available to all the stakeholders. This further facilitates forecasting and helps in better demand management.

4 Reasons Why Supply Chain Visibility is More Important Than You Think

Our supply chain management solutions help companies to enhance their supply chain visibility and demand forecasting capabilities. Request a FREE proposal today to know more about our portfolio of services.

#4: Supply chain analytics solutions improved inventory management: Do you really think reducing inventory levels and improving operational performance is a difficult task? If yes, then take a look at our latest success story during the course of which we helped a client to simplify the supply chain complexities and minimize disruptions significantly. Also, it helped the client to focus on blind spots to respond to the disruptions in a timely manner and satisfy the future demands of customers efficiently.

Supply Chain Visibility for a Leading Healthcare Retail Client Helps Maintain Better Inventory Levels

#5: What are the most crucial components of supply chain visibility? A good supply chain visibility solution enables all the stakeholders to monitor and track the movement of supplies throughout the supply chain system. There are several critical components of supply chain visibility that help businesses to improve productivity by providing visibility into the supply chain processes. Read this full article to find out what are those components.

4 Components of Supply Chain Visibility That You Need to Work on

#6: Supply chain visibility facilitated innovative care models for customers: A leading healthcare industry player approached Quantzig to gain better visibility into their supply chain process from the supply stage to the end customer delivery. Also, the client wanted to identify and eliminate factors behind the delay in the delivery of products and reduce variability. Quantzig’s supply chain visibility solutions offered real-time visibility into the shipment lead times, production rates of supplier, and customer sales projections. Furthermore, Quantzig’s customized analytics solutions helped the client to offer innovative care models to their customers.

Supply Chain Visibility Helps a Renowned Healthcare Client Offer Innovative Care Models to the Customers

Quantzig offers customized analytics solutions to improve order fulfilment ratios and increase operational efficiency. Request a FREE demo to know how our customized analytics dashboards can help your business.

#7: Unveiling the secret tips to boost your supply chain visibility: Ignorance is never bliss, well at least in this case. If you are unaware of products and parts in transit within your supply chain network, you are lagging behind most of your competitors. Supply chain visibility solutions may hold the key to success. Supply chain visibility can help your organization to respond proactively to drastic supply and demand changes by enabling you to take corrective actions and redirect supply or demand. Also, it provides a real-time picture of the inventory levels that can further help businesses to meet their compliance goals. Here are the secret tips that can help you boost your supply chain visibility significantly. Read more.

Secret Tips to Boost Your Supply Chain Visibility

#8: Supply chain visibility improved supply chain efficiency by 10%: Are you facing difficulty in managing the immense surge in demand? If yes, then you must be going wrong somewhere in optimizing the end-to-end supply chain functionalities right from suppliers to the customers. Quantzig solved one of its client’s similar issue by offering its supply chain visibility solutions that proved beneficial in identifying shortages and eradicating disruptions in the supply chain. Furthermore, this paved the way for effectively responding to production bottlenecks while improving agility in the supply chain management.

Quantzig’s Supply Chain Visibility Solution Helped a Renowned Medical Equipment Manufacturer Improve Supply Chain Efficiency by 10%

#9: Reasons why can’t you avoid supply chain visibility solutions in today’s business environment: Evergrowing competition, globalization, and increasing complexities in the business environment are some of the major roadblocks for organizations today. These factors act as hurdles for companies in effectively managing their ballooning supplier networks.  Therefore, companies can’t overlook the supply chain visibility which is obviously challenging but also important for businesses. This article offers a detailed overview of the reasons why avoiding the incorporation of supply chain visibility solutions can be precarious for businesses.

Five Undeniable Reasons Why You Need to Take Supply Chain Visibility Seriously

#10: Supply chain visibility boosted revenue by minimizing the cost to serve: Every business aims at gaining timely access to accurate supply chain information for inventory optimization and demand planning. One of the leading retailers of the US with a similar goal approached Quantzig to develop an effective strategy for enhancing supply chain visibility and demand-supply management. They wanted Quantzig to help them address the supply chain complexities in terms of manufacturing partners, suppliers, and logistics. By leveraging Quantzig’s supply chain analytics solutions, the client was able to improve its supply chain management and demand forecasts, while witnessing significant improvements in the overall performance.

Five Undeniable Reasons Why You Need to Take Supply Chain Visibility Seriously

IR14

How Supply Chain Analytics Can Help Solve the Biggest Supply Chain Challenges

“Increasing globalization and complexity have put supply chains in the spotlight like never before.”

Economies around the world are stepping back from the financial brink and have begun adjusting to a new normal, however, at the height of the downturn companies face a different set of supply chain challenges than they did. Some of these supply chain challenges include rising pressure from global competition, increasingly complex patterns of customer demand, and consumer expectations. In this blog discuss some of the biggest supply chain management challenges. The experts from Quantzig have curated some of the key benefits of supply chain analytics in overcoming these challenges.

supply chain analytics

What are the key supply chain challenges?

Customer service

Supply chain management primarily revolves around ensuring that the right product in the right quantity reaches the right place and the right time. As much as this might sound simple, this can indeed prove to be a complex task.

Cost control

The rising energy/fuel and freight costs are putting supply chain managers under extreme pressure to manage their operating costs. The greater number of global customers, technology, labor rates, and rising commodity prices tend to become more expensive.

Planning & risk management

Staying efficient and effective in today’s highly competitive marketplace is no easy task.  It requires periodic assessments and redesigns to stay in the game. These adjustments are in response to changes in the market including new product launches, global sourcing, credit availability, and the need to protect intellectual property. These risks must be identified and quantified in order to control and mitigate.

Supplier/partner relationship management

It is important to create, understand, and follow standards that are mutually agreed upon in order to better understand current performance and opportunities for improvement. Having two different methods for measuring and communicating performance and results in the wastage of time and effort.

Talent acquisition

It is becoming increasingly difficult to find talent that is qualified and interested. Supply chain managers need an extensive understanding of the key competencies and duties that are quintessential for effective supply chain management roles and the ability to efficiently source specific skill sets and methods for developing future leaders.

(more…)

Close
Quantzig Logo

Hello there!

Are you interested in Quantzig’s analytics solutions?

Contact us by submitting your details below and we will get in touch with you.

Cookie Policy

The Site uses cookies to record users' preferences in relation to the functionality of accessibility. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice