Optimized & Resilient Extended Supply Chain Management

Make your supply chains reliable, efficient, and adaptable to changes and disruptions. Streamline processes, improve visibility, and grow your business.

Extended Supply Chain Management

Globalization has dramatically changed the game for businesses. Today, it’s possible to widen the reach and push the scale across geographies – creating an expansive operational blueprint. Therefore, firms need smarter and more focused global supply chain models. For organizations, it’s critical to address access point inefficiencies and important for external users to obtain internal data. Moreover, shareholders are unable to retrieve valuable information, while ensuring cost-effective pricing, stronger regulatory compliance and better supplier selection.

At Insights, we believe in the power of synergy. Our SCM solutions help our clients achieve greater collaboration among stakeholders. We redefine the supply chain pathway and boost service levels across diverse verticals - planning and forecasting, strategic sourcing and procurement and fulfillment and after-sales services.

Key Focus Areas for Supply Chain Optimization

Spend Performance
Spend Performance Visibility
Real-Time Inventory Information
Real-Time Inventory Information
Confidence in Partnerships
Confidence in Partnerships
Achieving Industry
Achieving Industry Benchmarks (KPIs and KRAs)
Lower Total Cost of Ownership
Lower Total Cost of Ownership

Supply Chain Optimization Strategies

Category, Sourcing, Procurement, and Contract Management

Category, Sourcing, Procurement, and Contract Management

Qualified Master Data ensures information on vendors, customers, materials, and services is precise and accurate.

Ensure Visibility into spend, inventory levels, and partner performance.

Develop Standard Operating Procedures (SOPs) and strategic plans for inventory, sourcing, and business partner management to streamline operations.

Effective Sourcing Projects and Contracts focus on quality, quantity, and value.

Inventory Optimization and Automation enhances the efficiency and effectiveness of inventory management by leveraging advanced technologies and tools.

Business Partner Life Cycle Management emphasizes alignment, collaboration, and performance management.

Continuous Monitoring, Reporting, and Control ensure ongoing improvements.

Real-Time Management and Automation

Categorization of commodities and services streamline inventory management and procurement.

Real-Time Spend Management, supported by machine learning, allows for dynamic tracking and analysis of expenditures.

Predicting Demand and Future Sourcing with AI enhances forecasting accuracy and supply planning.

Optimizing Sourcing Projects Execution ensures efficient project management,

Bid Evaluation Systems provide a robust and controlled framework for assessing offers.

Implementing Smart Contracts and automating repetitive procurement processes boosts efficiency.

Secure Digital Payments ensure seamless and secure financial transactions.

Internal Audits and Controls protect and refine supply chain operations, ensuring a secure and streamlined system.

Real-Time Management and Automation

EXPLORE OUR

SERVICES IN SUPPLY CHAIN & LOGISTICS

Material Criticality Assessment
Material Criticality Assessment

Analyze the criticality of materials, prioritize resources, and optimize inventory levels utilizing best practices.

  • ABC Analysis

  • FMSN Analysis

  • VED Analysis

  • XYZ Analysis

  • HML Analysis

  • SDE Analysis

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Revalidating & Updating Inventory Meta Data

Maintain accurate and up-to-date inventory meta data. Revalidate and update key parameters to ensure that stock levels are optimized to reduce overstocking and stockouts.

  • Safety Stock

  • Re-Order Point

  • Min/Max Level

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Physical Inventory Process Review

Regular review and optimization of physical inventory processes are essential for accurate stock counts and effective management.

  • Cyclic Inventory

  • Sample Inventory

  • Stochastic Inventory

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Optimization of Value-Added Services

Optimizing value-added services can significantly improve inventory management and overall supply chain efficiency.

  • Just-In-Time (JIT)

  • KANBAN

  • Centralized Planning

  • HUB and Spoke Distribution

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Warehouse Automation

Integrating automation technologies into warehouse operations streamline processes; reduce manual errors; and boost efficiency, accuracy, and speed.

  • Automated picking systems

  • Inventory tracking

  • Sorting mechanisms

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Storage Conditions Management

Adhering to industry standards and OEM recommendations ensures that materials are stored properly, maintaining their quality and longevity.

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Review and Update

Continuous improvement strategies enhances efficiency and reduces errors in inventory management. Review and update these strategies regularly streamline operations and ensure effective inventory management.

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Benefits of Extended Supply Chain Management

Cost Reduction
Cost Reduction
Improved Efficiency
Improved Efficiency
Enhanced Customer Satisfaction
Enhanced Customer Satisfaction
Better Inventory Management
Better Inventory Management
Better Inventory Management
Increased Flexibility
Better Inventory Management
Risk Management