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.

Industrial Procurement, Shipping & Logistic Services

The progress of every shipment is consistently followed up on a regular basis to achieve on-time fulfilment. Orders are inspected for quality and quantity prior to issuing shipping documents and the material is packed and adequately marked based on the instructions detailed on the client purchase order.

STRUCTURED PROCUREMENT APPROACH

The ongoing collaborative efforts with our clients help demonstrate significant savings through a structured procurement approach.

STEPS OF STRATEGIC SOURCING

The programs often include several steps of strategic sourcing, as well as improving capabilities – all supported by our cloud based custom built SCM software on Microsoft technologies.

SAVINGS WITH ONGOING PROCESS ENHANCEMENTS

We help our clients achieve more and achieve it quicker. We tend to earn measurable savings with ongoing process enhancements.

Procurement Services

We have gathered vast experience in global sourcing, planning, scheduling, quality assurance, pre-supply inspections and finally shipping. Our strong sourcing skills enhance the analysis, selection, negotiation and evaluation of suppliers. Our procurement services include:

Submission of offers for request for quotation

Quote evaluations.

Setting up of the supply chain for each purchase orders received

Where necessary we also act as an “Agent” for the client on fixed fee basis

Carry out the evaluation and selection for the global vendor base

Where necessary we also introduce manufacturers for specific ventures and assistance in technical and commercial review

Our world-wide locations allow us to offer the most effective pricing globally. Refteck Solutions operates a policy of supplying only brand new and genuine products.

Industrial Shipping & Logistics Services

Whether by ocean, air (via passenger or freighter) or road, Refteck Solutions has the proficiency and the know-how to move all types of cargo with the same individual care and attention.

We take pride in offering all our customers a first class, customised delivery service for all purchase orders issued. Interaction between all stake holders is our utmost significance, ensuring swiftness, safety and consistency on all our purchase orders, regardless of the size or value of the shipment.

In addition to organising the despatch of your goods, we offer a comprehensive range of services including:

Selection of available options, including the mode and method of transport
Calculation of shipping costs
Export documentation preparation
Delivery to a particular address or a nominated freight forwarder
Pre-Ship third Party inspections

Refteck Solutions has proven experience and expertise in providing services regarding transportation and logistics for clients globally. We fully understand that procurement planning is the key for timely and cost-effective delivery of products, which adds value to our sourcing business.