3.Procurement Services
Here are some general services that to our clients to identify and engage with the right suppliers, manage procurement contracts, and improve supplier performance:
a. Conduct market research: Conducting market research for potential suppliers to identify which supplier would be the right fit for your business. It includes analyzing the supply market, their competitors, and the pricing to find a suitable supplier that could provide the products or services you need.
b. Identify suppliers' key performance indicators (KPIs): It is essential to identify the KPIs necessary for measuring suppliers' performances, such as quality, reliability, responsiveness, and consistency. It will enable you to evaluate suppliers' capabilities and compare them against set standards.
c. Develop a supplier management program: A well-designed supplier management program that includes supplier scorecards, regular communication, and other necessary controls help monitor and manage supplier performance. It will ensure that the supplier meets their obligations within the procurement contract and delivers products or services at or above the expected standards.
d. Draft clear procurement contracts: A clear procurement contract that outlines the scope of work, payment terms, quality standards, and other relevant details can go a long way in preventing disputes, misunderstandings, and delays.
e. Leverage technology: Using technology such as contract management software, supplier relationship management software, and online procurement platforms help streamline the procurement process and enhance supplier performance management capabilities.
These are some common examples that can help our clients identify and engage with the right suppliers, manage procurement contracts, and improve supplier performance.
Here are some example of supply chain services that we offer to our valued clients:
Supply Chain Analysis: Analyzing the client's existing supply chain process and identifying areas for improvement to increase efficiency and minimize cost.
Logistics and Transportation Management: Providing support and guidance to help clients to build and manage their transportation, inventory, and warehouse operations to ensure the timely delivery of goods and reduce shipping cost.
Procurement Services: This page.
Supply Chain Visibility: Providing real-time visibility into the supply chain process to identify and address inventory-related issues and reduce disruptions.
Supply Chain Risk Management: Identifying and mitigating potential risks in the supply chain process, including geopolitical risks, natural disasters, and supplier disruptions.
Demand Planning: Analyzing demand patterns and helping clients to optimize production and inventory levels based on forecasting and analysis.
Supply Chain Sustainability: Providing sustainable supply chain solutions to help clients reduce their carbon footprint, manage ethical sourcing, and comply with environmental regulations.
Supply Chain Technology: Implementing the right technology solution to automate, streamline and optimize the supply chain process, including warehouse management systems, transportation management systems, and IoT-enabled sensors.
Change Management: Providing support and guidance to help clients manage the implementation of new supply chain processes or upgrade existing ones, while minimizing disruptions to the business.