What is the need for supply chain consulting in India?

Supply chain management entails the managing of the entire production flow of a product or service, from the procurement of raw components to the delivery of the final product to the customer. It is a system used by small and large companies alike, with the scale of operations depending on the resources available with the company. Supply chain management is an integral part of most businesses.

Hence, when issues arise in supply chain operations, they need to be addressed immediately to prevent further complications. This is where supply chain consulting can help. 

The right supply chain solutions can enable a business to optimize operations, make them fast, efficient, boost customer service, reduce operating costs and improve the financial standing of the company.  A supply chain consultant is an expert in vendor and inventory management, who aids with the management of freight costs for shipments, procurement and even price negotiation, thus clearing the bottlenecks encountered in supply chain management.

Need vs. Sustainability

Logistics costs make up more than 13 percent of India’s GDP, and the government has introduced several policy changes in an effort to reduce it to less than 8 percent. With supply chain networks transforming to support e-commerce growth, companies need to improve their supply chain management.  A company opts for supply chain consulting mainly to gather information, solve a problem, get recommendation for a plan of action and assistance to implement the same.  

Supply chain consulting in India is definitely in demand as more and more companies need to engage with experts to deal with their supply chain issues. They can provide you with the best possible supply chain solutions that will involve the use of technology designed to cater to the specific demands of their customers. A well-planned supply chain operation can help reduce environmental impact, and for India, this can become a focal point for improving sustainability.

Safexpress, one of the leading supply chain and logistics providers, has over 2000+ professional in their organization to guide and support companies which require consulting services. Their subject matter expertise involves fields like warehouse requirement planning, labor resource planning, supply chain optimization and much more. 

 

Their consultants with their in-depth experience, international certifications would be well-equipped to tackle the various logistics problems and ensure streamlining all logistic activities cost-effectively.   

 

Benefits of supply chain consulting

Many companies avail consulting services as they are able to provide practical guidance and advice to help optimize a supply chain. They also:

· Provide independent, impartial objectivity to address the problem

· Have dedicated focus on the company’s problem

· Have the know how and experience to solve the issues

· Have the skills to execute and implement changes

· Are able to provide analytics

· Are able to quantify the benefits of change

· Undertake the implementation of the latest technology

Key advantages of supply chain solutions

An effective supply chain solution will help you to have a competitive advantage in the industry while decreasing the risks and increasing customer satisfaction. Other advantages include:

· Better collaboration with various stakeholders

· Efficient inventory management

· Improved quality control

· Reduced overhead costs

· Improved cash flow

· Higher efficiency rate

· Increase in profit margins

· Improved supply chain network

In conclusion

A supply chain consultation can provide your company with supply chain solutions that will help to identify and plan the steps needed to assemble an effective supply chain strategy that matches the needs of your business. Improved supply chain management can help boost economic growth, besides providing an opportunity to decrease pollution and energy usage, thereby improving the quality of life.