Supply Chain

Effective supply chain management has been heralded as the next source of building, sustaining and winning a competitive advantage. That's why it's no surprise many consulting firms have been focused in this market offering. A current trend in supply chain solutions is to create a collaborative logistics network that allows shippers, carriers and logistics service providers to collectively manage the procurement and execution of services throughout the supply chain. This allows total management of information both internally and externally. Successful SCM operations have the capability to inform customers on a real time basis the status of an order, even if the product is not in their control.

While a number of different approaches can be used, the most common methodology is to concentrate on the loss of shareholder value as a result of unreliable and unresponsive supply chain operations. Our Supply Chain Management practice is organized around building capability and adding value throughout the delivery functions. We focus on:

• Manufacturing & Strategy Operations
• Distribution
• Transportation
• Warehousing
• Customer Support

Currently there is a strong, increasing interest in Supply Chain Planning (SCP) and optimization with companies looking at implementing a number of SCP strategies and technologies. In working with our clients, we strive to achieve as many successful attributes as possible. The main principles of good supply chain planning include:

• Planning according to market signals
• Differentiating products and services closer to the customer needs
• Customer-driven manufacturing
• Strategically source and procure
• Customize the logistics network
• Supply chain-wide technology strategy
• Develop performance measures

Companies need to create the capability to manage the supply chain beyond the enterprise. We believe that furnishing differentiating competencies is what's necessary to win in the future. The return provides an array of benefits including cost containment and value for the customer.

TMG can build your next eSolution.

Consequences of substandard supply chain practices

• Low revenue
• High cost
• Poor asset utilization
• Excess inventory and inventory write-offs
• Stockouts
• Loss of reputation and credibility
• Higher cost of capital/borrowing
• Shareholder lawsuits
• Management and personnel turnover
• Negative publicity