The success of a supply chain management can be calculated based on the input and output. The amount that a company invests is the input to get the desired services, and the output is the value that you get at the fulfilment of the services. A logistics company in India that offers supply chain management services or contract logistics takes charge of your consignment from end to end including services like customs clearance, warehousing, etc. For e-commerce logistics, customer’s doorstep is the endpoint. Analysing the supply chain is of utmost importance as it ensures smooth functioning of a business. If you do not analyse your supply chain process, or you have been using the same analysis process from a long time, then it is time to adopt a new process. These 4 signs signify that you need to review or revise your existing analysis method –
Inconsistency in any field can lead to critical issues that can be difficult to handle. Similarly, the analysis is a continuous activity. Weekly, monthly or quarterly reports of the same should be generated. You should have reports of past analysis at any given point. Reports and data will help you to make informed decisions. If the same cannot be accessible, then there is a problem.
There should be a precise perception of the supply process. Right from the raw materials that are ordered to the finished products that are ready to be shipped, you should be aware of the entire process. Following this practice ensures that you get the best quality products at great prices. An unclear vision is a sign that there is a flaw in your analysis.
If your staff is working hard, but the results aren’t evident or as desired, means that there is a lack of effectiveness. The efforts and efficiency of the staff in the right direction is very essential.
Inefficiency or inaccuracy
Any delay in delivering the raw materials or products can hamper your business in many ways. If your supply chain service provider is unable to deliver the right quality or quantity of product at the right time, then your business can suffer significant losses.
If you are facing any of these issues, you need to revise your analysis method.