Supply chain management
At JTM, one of the services we perform is the management of the supply chain, particularly related to maritime transport. Therefore, in this article, we explain a little more about this service and the associated benefits.
What is supply chain management?
The supply chain is the coordination and searches for collaboration between chain or channel partners. In this way, we can say that the supply chain will turn on the market in a certain way.
All partners in an organization’s supply chain can be not only suppliers, intermediaries, service providers, logistics, but also customers.
So it is the management of these partners that allows us to develop the business and deliver even more value to our end customer. To have a lower cost for all players in this supply chain.
Efficient supply chain management will allow you to maximize the value perceived by the customer and achieve a competitive advantage. Thus, the objective will be to control the product during the entire process, that is, from the source of the raw material to reach the final consumer.
However, to achieve this goal, we will need to supply so that the information and physical flows generated by the supply chain can be managed in the best way.
Information flows:
They are the ones that allow us to organize the entire supply chain.
Physical flows:
They are the ones that represent the evident part of the supply chain, such as the process of transforming and storing, as well as the transportation of the product.
The benefits of supply chain management
- Better collaboration. The flow of information is a prominent challenge for companies;
- Better quality control;
- Higher efficiency rate;
- Keep up with demand;
- Shipping optimization;
- Reduced overhead costs;
- Better risk mitigation;
- Improves flow.
Accordingly, through the conscious effort on the part of the companies that make up the supply chain, all achieve significant gains. Stay on top of all the news, follow us on Facebook, Instagram, as well as our blog.