What is supply chain management?

The planning and administration of acquisitions, conversion, and logistics management operations are all part of supply chain management. It also handles with the coordination of all parties (from suppliers to customers). It deals with demand management inside a corporation in this manner.

What steps can we take to identify and reduce waste in our supply chain strategy?

The first step is to examine existing processes and determine where waste is still an issue. You may, for example, compare the things you buy to your outcome to prevent expenditures. Talking to relevant managers or operators or solicit further feedback from customers or service suppliers.

What is a global supply chain?

Global supply chains are networks that cross continents and nations to source and distribute goods and services. The mobility of information and resources is one of the most important foundations.

Where do risks exist in supply chain management?

Internal risks (those under your control) and external risks (those that are beyond your control) coexist. In this regard, the following sorts of dangers are identified: Financial hazards Poor planning Regulations Environmental Socio-political Human behaviour

What is procurement in the supply chain?

One of the various branches of the supply chain is procurement. It serves as a structure for a firm to efficiently carry out all of its daily activities, monitoring the outcomes and assessing how the items that will be provided to the clients are made.

What factors contribute to the success of a supply chain?

A good supply chain must have three components: flexibility, data, and long-term planning. In this regard, some of the aspects that impact its correct operation are as follows: Maintain your adaptability. Trust data and technology Plan for the future Remember who is your end customer

What are the benefits of supply chain management?

In a nutshell, it facilitates and improves the movement of products, information, and commerce. Companies benefit from an optimised and efficient business, building better ties with partners and customers.

Why is supply chain planning so important?

Planning in the supply chain helps to simplify operations, enhance productivity, eliminate wasteful spending, and build stronger client relationships. Planning, when done effectively, may assist decrease costs associated with purchasing, manufacturing, inventory management, and transportation.

How can we gain a better understanding of our supply chain costs?

Data analysis is an excellent tool for anticipating and determining where we need to improve. For example, it assists us in optimising warehousing and storage, which is essential in a bigger supply chain strategy. This allows us to optimise space, decrease damage, reduce packing, and do a variety of other things.

What obstacles do organisations experience when attempting to improve SCM?

The supply chain is a difficult process in and of itself, and adding innovations is a problem for businesses. It's critical to move fast and to balance rising customer demand with competitive pricing. In this regard, procurement may also assist to determine whether parts of the supply chain are not competitive or to set more ambitious goals.

Refteck Engineering & Consulting Firm for Process Industries

At Refteck, our customised solutions are highly innovative, strategic and cost-efficient. All the procurement needs of our client’s technical and management requirements are delivered to the highest standards through our professional expertise.

Our experienced professionals offer services with an extensive amalgamation of technology and our specialised team to deliver clients an unparalleled procurement & supply chain experience. We ensure that our services enable our clients to enhance their core capabilities as well as improving their supply-chain efficiency. Refteck serves a diversified range of industries including oil production, drilling, petrochemical processing, mining, gas treatment, refining, energy, heavy engineering, chemicals, pharmaceuticals and many more by supporting their procurement supply chains. We leverage our global accessibility and effective supplier relationships to meet our clients’ needs, promising long-term value which makes Refteck highly cost effective procurement and supply chain solutions provider.

The key to our timely and efficient delivery is our people. The knowledge and experience of some of our tenured employees enables us to continuously develop and update our approach towards providing customised and innovative supply chains. Our sourcing team hold extensive specialisation in numerous engineering sectors, critically examining the proposed supply before it reaches our end customer, hence ensuring the highest quality service. Clients are always given the utmost priority and we ensure complete confidentiality, striking a balance between our clients and our suppliers. We believe in creativity which is supported by how our workplaces are structured; open, adaptable, innovative and above all homely.

Why Choose Us

Innovative
Strategic
15 Years of Experience
International Customer Base
Competitive Prices
Quality Delivery
Cost Efficient
Premier Engineering Procurement Brand in the Global Market

Certifications

FPAL
UKAS
SAP Ariba
ISO 9001:2015 Certified

Department for International Trade

Memberships

London Chamber of Commerce & Industry
IHK Düsseldorf
American World Trade Chamber of Commerce
Association for Supply Chain Management (ASCM)

Our vision is to

“ENSURE CUSTOMER SATISFACTION THROUGH QUALITY, DELIVERY AND COST OPTIMISATION. TO ESTABLISH REFTECK SOLUTIONS AS A PREMIER ENGINEERING PROCUREMENT BRAND IN THE GLOBAL MARKET.”

Refteck Solutions aspire to serve its clients with quality supplies of equipment and spare parts, with swift turnarounds at the most competitive prices. We collaborate with reputed suppliers globally, providing a pool of quality assured products irrespective of which part of the world our client belongs to.

As a business, our customers are leaders in the market, hence, we adhere to stringent customer oriented policies, always establishing an efficient supply chain at highly competitive prices. We pledge to timely delivery, taking on the requirement from the client and finding their solutions through our global network, earning trust and goodwill across the globe for the work we do.