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Supply Chain

Strategies for improving your supply chain

March 9, 2020

According to a study by Accenture, 70% of industry professionals believe the supply chain will be the key driver of better customer service in 2020.

As modern operations become increasingly fast paced, the role of the supply chain is becoming even more significant. With new changes coming to the industry, you may be questioning if you operation can keep up.

Learn some key ways to improve your supply chain this year.

Technology matters

Most operations have the right technologies in place to collect data on things like machine conditions, demand forecasting and overall supply chain health. The challenge is analyzing the vast amount of data that’s collected and transforming it into actionable insights.

It’s also finding ways to optimize the efficiency at all levels of your operation. SIMOS uses a combination of time-motion studies and Stafftrack to not only analyze your operation but use the data to improve processes.

Spend tactically

Most operational leaders look for ways to cut costs and are looking for opportunities within their fulfillment and distribution operations to invest. With the current talent shortage, investing in your workforce is now more important than ever because a more productive workforce gives you a competitive edge.

A cost per unit staffing partner can help you do just that. A CPU model can increase output of your operation while cutting costs. Many high touch departments can benefit including operations such as loading, shipping, unloading, receiving, picking, packing, kitting, assembly, subassembly and reverse logistics.

These efficiencies can help your supply chain reach new levels.

Addressing high turnover

High turnover can eat into your productivity and negatively impact your supply chain performance quickly. With unemployment reaching historic lows, it can often be difficult to find associates. Even if the position is filled quickly, it can take critical time to train new hires.

A cost per unit partner takes on the responsibility of finding and training new staff to be efficient. But your cost does not change. New associates will get up to speed faster without any risk to you of money lost.

The future of your supply chain

Retailers can no longer depend solely on cutting costs to survive. Instead, companies should look for areas of improvement within their supply chains to invest in. Strategic investments can foster growth and monetize your fulfillment and distribution operations. A cost per unit model can help you achieve improvement within your supply chain quickly.

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