Global Supply Chain Optimization & Integration
Global Supply Chain Optimization & Integration
Globalization is an inevitable product of the increasing amount of information and technological advancement. It gives opportunities to businesses around the globe to deliver value abroad but also brings issues when there is excessive overreaching, especially now when the pandemic is taking its toll.
In addition, the global economy has been through a number of disruptions in the past couple of years, including trade wars and severe storms other than the pandemic. Many small businesses face rapid changes and improvements in their supply chain and require a holistic solution to optimize their operations.
Network Optimization
Companies need to strategically make decisions according to their position in the manufacturing network. Excessive assets and investments may lower the profitability of a business while demand cannot be met if a business does not have enough capacity to produce. Investment decisions and initiatives often fail to consider the bigger picture of the supply chain or manufacturing network while regulations can raise more issues. These can lead to unfavorable outcomes such as poor service levels, low asset utilization, the difference between capacity and demand, disrupted inventory flow, and slow and expensive logistics.
Inventory Management
Being at the efficient frontier for the supply chain can allow businesses to enjoy the benefits of carrying the proper amount of inventory while limiting costs. However, many companies are nowhere close to the frontier, which introduces inefficiencies in inventory management. This inefficiency can be caused by incorrect use of stocking algorithms or unclear ownership metrics, etc. Genebrite strives to optimize inventory management by helping companies first identify the frontier, then gradually make stepped improvements to get closer to the curve to arrive at the efficiency point.
Transportation & Logistics
Finding the right balance between speed and cost is one of the most significant problems businesses have, especially in the pandemic. Shipping costs are increasing on a daily basis due to restrictions posed to stop the spread of COVID-19. As a result, it takes much more time to deliver inventory, which leads to inventory stockpiling. The question of amount, timing, cost, transportation type, etc. must be solved to remain viable and profitable in this uncertain time.
Efficient supply chains are agile, adaptive, and sustainable. Large-scaled business models can manage supply chains with various business strategies, whereas smaller business units face more constraints and challenges to achieve those key success factors all at once.
Businesses will need a supply chain that matches the varying demands from both investors and consumers simultaneously. Genebrite’s expertise and experience will assist businesses to identify inefficiencies or potential issues in all of these areas regarding supply chain, then design company-specific supply chain integration strategies that best match the demand while controlling costs and timing. Genebrite’s approach is to resolve the supply chain issues by integrating a variety of solutions that fosters strategic transformation and targeted fixes. By the end of the day, Genebrite aims to help clients arrive at a sustainable supply chain strategy that reduces and mitigates potential trade instabilities or global disruptions.
HOW WE HELP CLIENTS
● Network Optimization
Detailed analysis of existing manufacturing network and supply chain, then design a holistic network system to improve profitability and service quality
● Inventory Management Optimization
Developing a decision criterion that addresses all aspects of the businesses’ existing supply chain and operations, which help businesses plan the entire inventory flow (i.e. planning, purchasing, manufacturing, distribution, product portfolio, and manufacturing network) to minimize risk while maximizing efficiency
● Transportation & Logistics Solution
Critical decision-making regarding outsourcing to a 3PL and matching optimal service levels with the businesses’ needs; Optimizing warehousing, transportation, and the order-to-cash process in your logistics operations
● End-to-End Supply Chain Optimization
Helping businesses analyze demand trends using data and analytics to enhance current control and strategies on cost (operational expenditures), speed (order fulfillment time), and delivery (accuracy)
● Sustainability and ESG Practices
As consumers demand more sustainable products, we help businesses transform supply chains to incorporate this strategy reform by redesigning supply chains to allow intersections to ESG practices at every interaction point