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Monday 12 October 2015

How to Choose the Right Supply Chain Management Company

Core competency is all about protecting the heart of your business. It means focusing on the essential departments and positions such sales and product development. After all, that is where your expertise lies and where your profits come from. It's all about doing what you do best without wasting tie on other things. For most companies, that means outsourcing their supply chain management.

Supply chain management can take up an outsized portion of your budget, your time, your energy, and your attention. It diverts both your focus and the funds you should be using to fuel your growth from where they're needed most. In order to have the most streamlined and efficient department, you need to devote plenty of overhead to it, too: including the advanced warehouse technology required, warehouse space, and shipping and packing costs too.

More and more companies are realizing that the time they could be spending on their core business, they're frittering away on areas they have no experience or expertise in. That's why they turn to the professionals. Partnering with a supply chain management company means you're taking the opportunity to immediately streamline your distribution processes. You're also not only saving money immediately, you're boosting your bottom line by turning over supply chain management functions to a professional company with the right experience, equipment, and reliability.

Not only do you gain the advantages of having a professional company oversee your supply chain management, you also gain their expertise when it comes to finding new and better ways to save you money and improve your business. You can gain significant cost savings when you select a kitting and pick and pack service. Your partner will also know how to land the best shipping deals with the best shipping companies, and help you streamline your packaging as well as reduce operations costs. Plus you'll make customers happier when you've got industry professionals getting your products out the door as fast and efficiently as possible.

To make the most of your partnership with a supply chain management outsourcer, you need to choose the right company for the job. You want a company with service and shipping that not only meets your expectations but exceeds them.

Size and Experience

The company you choose should have long-term, in-depth experience in the industry. It's a process that requires speed, efficiency, and streamlining that can only be gained after years of successful industry experience. Do your due diligence; look into the history and service records of the companies you talk to make sure they've got a solid footing in the industry.

Technology

Technology is the essential backbone of a truly efficient and successful supply chain management process. The company you partner with must be on top of the latest technology innovations in the industry, including warehouse management systems, inventory tracking, shipping list preparation, and invoice creation, as well as automated shipping scheduling systems.

Establish Needs and Expectations

Before you make your final selection of a supply chain management vendor, you need to clearly establish your needs but your expectations for customer service and responsiveness, turnaround times, technology, and more right out of the gate.

See more information about what is supply chain management here.

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