Supply Chain Management Today

Supply chain management has evolved from its original purpose. Once, a warehousing firm would receive stock, manage it, and send it along as per the requirements of clients. Today they are more involved with their clients. They have a relationship and are proactive about helping clients be better at what they do.

Most of the time, supply chain management services are associated with saving money and time. They still do this. Warehouses stock goods offsite, taking away the need for extra storage space and employees to take care of it, thus saving firms money. They still load goods onto conveyor belts into trucks and ship them overseas. In their current incarnation, however, supply chain companies integrate their knowledge with that of their customers.

For instance, a small business stays connected by computer with warehouse data. This enables her to make promises to customers and keep them. There are x number of items on hand right now. How many will she need if an item is popular? She can see for herself by accessing the data, updated by warehousing staff when they pick and pack items for distribution.

There is more. If the warehouse discovers a certain stock has not been sold for a long time, they can advise their clients of this situation. When stock is low, they are able to prevent a problem with shortage by giving the client a heads-up and redress the problem swiftly. They do something called forecasting which helps their clients stay ahead of the competition in the area of customer satisfaction.

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