When used in the context of supply chain management, network strategy refers to a method for implementing the best possible practices and policies for the movement of materials and information throughout the supply chain network to achieve optimum efficiency. It considers the physical infrastructure, systems and activity that handle products from supplier to customers and, in today’s global market, this often crosses international borders.
By analysing the supply chain network, our experienced consultants support companies in determining the best business-specific sourcing and inventory practices. Using our data analysis expertise combined with our proprietary digital platform, we optimise the supply chain network strategy, creating improvements that reduce costs, increase efficiency and get products or services to consumers faster. This more efficient delivery supports greater customer satisfaction, increased loyalty and enhanced business growth while also maximising the profitability of the supply chain network.
Vendigital Approach
Using proven techniques, we support our clients in developing a network strategy that optimises flow throughout the supply chain from supplier to customer, maximising the capabilities of existing infrastructure and identifying areas where adjustments, such as relocating, reshoring or nearshoring, provide greater advantages.
Our steps towards delivering an optimum network strategy include gathering insights, network visualisation, strategy development, transition planning, testing and refining, and continual improvement.
In this information-gathering stage, we seek to thoroughly understand your supply chain network, consulting closely with all relevant stakeholders and analysing data on your operating systems.
Using the data gathered from stage one, our experienced consultants create visual representations of the current supply chain network. We identify centres of gravity for the most efficient warehousing facilities and how these interact with operational flows to move the product or service through the supply chain network. The potential for growth, sustainability and resilience are also evaluated.
Reviewing the available options and their interactions across the supply chain, our consultants collaborate closely with clients to develop the best possible strategy that satisfies the service and financial needs of the business, focusing on delivering channel-wide cost efficiencies and added value.
Once a network strategy has been agreed upon and approval is given at the board level, our consultants put in place steps to move from the current network strategy to the future model. The time required to make this transition will depend on the complexity of the supply chain and the amount of change needed.
Once the new network strategy is in place, operational flows through the supply chain are closely monitored against predetermined criteria to ensure they meet expectations, and refinements are made where required.
Our network strategy consultants helps identify KPIs that demonstrate the network strategy is continuing to deliver value, assessing areas where further cost improvements and efficiencies can be accessed and ensuring the supply chain network can support the sustainable growth of the business.
Transform your cost base
With direct, operational experience across multiple sectors, our supply chain consultants have first-hand knowledge of the specific challenges faced by our clients. Working in close partnership with you, we can create network strategies that maximise return on investment and take care of your bottom line.
Implementing a meticulously planned network strategy can eliminate all the inefficiencies across the supply chain and reduce its total cost. For example, these improvements may be found in analysing the variations of products or raw materials, the availability of suppliers, supply locations, and routes taken.
With a seamless supply chain network, where inefficiencies have been eliminated and the output from every area of the supply chain maximised, our clients can provide a better level of service to their customers via faster turnaround times and, often, a better quality of product.
A carefully planned network strategy provides better visibility across the supply chain, meaning areas of inefficiency can be quickly identified and addressed. Having this agility for improving efficiency creates better business resilience and sustainable growth.
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