×

How to request information

1 Click on Free Quote
2 Fill out brief form.
3 Await a response

If you have technical problems, please contact us email to support@leansupplysolutions.com . Thank you!

SUPPORT HOURS

Mon-Fri 9:00AM - 6:00PM
QUESTIONS? CALL: 866-924-5777
  • SUPPORT

Lean Supply Solutions - Innovative Supply Chain Solutions

Lean Supply Solutions - Innovative Supply Chain Solutions

INNOVATIVE SUPPLYCHAIN SOLUTIONS.

T 416-748-8982
Email: info@leansupplysolutions.com

Lean Supply Solutions.
3100 Caravelle Dr Mississauga, Ontario L4V 1K9 Canada

Open in Google Maps
  • HOME
  • ABOUT US
    • WHY US
    • TEAM
  • SERVICES
    • LOGISTICS
      • Fulfillment
      • Retail Distribution
      • Supply Chain Management
      • Transportation & Delivery
    • LEAN VALUE-ADD
      • Repackaging & Packaging in Supply Chains
      • Product Rework and Repair
      • Material Screening and Selection
      • Supply Chain Cost Containment
      • Lean Consulting
    • INDUSTRIES WE SERVE
      • RETAIL
      • AUTOMOTIVE
      • ELECTRONICS
      • Food Industry
      • FASHION
  • TECHNOLOGY
    • PLATFORM
    • SUPPLY CHAIN VISIBILITY
    • ECOMMERCE INTEGRATION
    • ERP INTEGRATION
    • TRANSPORTATION INTEGRATION
  • LOCATIONS
    • Toronto, ON
    • Vancouver, BC
    • Markham, ON
    • Mississauga, ON
    • Atlanta, GA
    • Redlands, CA
  • CORPORATE
    • HISTORY
    • ARTICLES & BLOGS
    • NEWS
  • CONTACT US
    • HR Opportunities
FREEQUOTE
  • Home
  • Blogs
  • Blog
  • Keys to Successful Supply Chain Management
April 1, 2023

Keys to Successful Supply Chain Management

Keys to Successful Supply Chain Management

by Tom K / Thursday, 28 July 2016 / Published in Blog

There are numerous routes that can be taken when trying to improve supply chain management, but they are all based on a single truth: your supply chain is a strategic asset and needs to be managed like one. Whether you are a small, nimble company looking to expand into niche markets or a larger, mid-market business trying to lower costs, there are very real benefits to be had in finding ways to improve how your supply chain is managed. Fortunately, there are a few universal keys to this process that all companies can take to heart.

Focus on Efficiency and Sustainability

This sounds obvious, but it’s easy to let the need for an efficient, sustainable supply chain get lost amid a crowd of other priorities. Such mistakes are what lead to companies over-extending themselves or falling for faddish practices without realizing such approaches hurt the bottom line and can’t be maintained long term. Finding efficiencies and ways to streamline processes by saving time, manpower, and money can be done with a mix of regular evaluation, paying attention to physical conditions on the ground, implementing automation of supply chain functions, and numerous other methods. Sustainability is a matter of prudence and carefully assessing the long-term implications of any plan. While some risks are inevitable, you should always have a plan in place for sustainable growth and maintaining the infrastructure you already have.

Match Supply Chain and Business Line

The perfect supply chain is one that is efficient, fast, agile, customizable, and responsive. In reality, however, these traits tend to be mutually exclusive. Maintaining high speed and efficiency is only possible when processes don’t get slowed down by changes, for instance. There are also various skills involved when trying to manage supply chains that prioritize different elements. This is why it is important to accurately identify the most important supply chain priorities and organize the chain accordingly. If necessary, you could also try developing separate supply chains, each dedicated to different requirements and demands, but this is not always needed or advisable depending on size.

Improve the Flow of Information

Knowledge is power—and for supply chains, savings. Maintaining a high-quality and speedy flow of information between suppliers and businesses lets all parties stay on top of inventory needs and helps prevent over- or under-stocking of products, even amidst fluctuating periods of consumer demand. Closely matching inventory to customer needs is a key way to cut down on extraneous costs, so maintaining a constant flow of information is extremely valuable. Should any delays in the info appear, they need to be addressed promptly.

Make Technology Work for You

There are a plethora of technological options that can assist in supply chain management for your business. Take the time to carefully assess and compare your choices based on how well they serve a business of your size, how flexible they are, how well they can be integrated into other systems, and how they can meet the overall automation and information needs of your operations.

Harness Successful Supply Chain Management in Toronto and Beyond

Lean Supply Solutions is a 3PL fulfillment company whose operations are based around the Lean Methodology, a proven philosophy focused on eliminating any operations, equipment, or resources that are not capable of adding value to our clients’ supply chain. By striving to ensure that the right products are provided to the right customers at the right time, Lean Supply Solutions is able to offer consistent, predictable, and quality results. To learn more about the Lean Methodology, to outsource your supply chain management in Toronto, or to ask any questions, give us a call at 905-482-2590.

  • Tweet

About Tom K

What you can read next

How Packaging Optimization Can Improve Your Supply Chain
Important Benefits of a Reverse Logistics Strategy
Advantages of Outsourcing to 3PL Warehousing

Featured Posts

  • What Is Order Cycle Time?

    What Is Order Cycle Time and How Can You Improve It?

    0 comments
  • Cross-Docking

    Cross-Docking: A Definitive Guide to the Advantages and Disadvantages

    0 comments
  • Holiday Shipping Fulfillment

    How to Prepare for Holiday Shipping Fulfillment

    0 comments
  • Custom Product Packaging

    How Custom Product Packaging Improves the E-Commerce Experience

    0 comments
  • Benefits of Value-Added Services

    Advantages of using Value-Added Services Provided by Your 3PL Partner

    0 comments

Archives

  • February 2023
  • December 2022
  • November 2022
  • October 2022
  • August 2022
  • June 2022
  • April 2022
  • March 2022
  • February 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • April 2021
  • March 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • December 2015
  • August 2015

Categories

  • Blog
  • Mobile
  • Networking
  • News
  • Technology

About Us

  • Why Us
  • Team
  • History
  • Blogs
  • News

Services

  • Fulfillment
  • Retail Distribution
  • Supply Chain Management
  • Transportation & Delivery

Industries We Serve

  • Retail Distribution
  • Automotive
  • Food
  • Electronics
  • Fashion

Get in Touch

HQ Corporate Offices
3100 Caravelle Dr Mississauga
Ontario L4V 1K9

Canada.
T 416-748-8982
F 289-427-5658
Email: info@leansupplysolutions.com

  • GET SOCIAL
Lean Supply Solutions - Innovative Supply Chain Solutions


© 2012-2023 Copyright (c) Lean Supply Solutions Inc.

TOP