Over the past couple of years, markets across the globe have witnessed dramatic shiftsin two major dimensions: demographically and geographically. In the given part of the century, we have witnessed almost the doubling of the middle-class clan –with a major part of the growth happening in the emerging global markets.
The rapidly growing population of the middle class is making way for new market opportunities for both domestic as well as international companies. For instance, China is already outgrowing the international markets towards becoming the largest operating market for mobile phones and automobiles. Indeed, this tends to increase the overall demand for products along with stretching the logistics network that must prepare itself for satisfying the increasing demand. This, in turn, maximizes the role of an effective TMS (Transport Management System) in the logistics industry towards satisfying the specific demands of the customers.
Table of Contents
- Customer-Centric Supply Chain Management Transformation
- Steps to Building an Effective Customer-Centric Supply Chain Management
- Health Check of the Supply Chain Management
- Strategy & Innovation of the Supply Chain
- Network Design, Agility, and Optimization:
- Demand Signals & Planning
- Inventory Turns & Availability
- Lean & Effective Supply Chain Execution
Customer-Centric Supply Chain Management Transformation
For truly transforming the respective supply chain into the desired one that remains focused around the specific needs of the end customers, the businesses out there involved in the logistics industry would require a plan that aims at addressing a wide range of organizational factors that include behavior, vision, technology, strategic intent, metrics, processes, and organization. As such, the best transport management system (TMS) solutions help in ensuring the delivery of customer-centric supply chain management transformation.
Steps to Building an Effective Customer-Centric Supply Chain Management
Some of the major steps that are involved in the process of ensuring customer-centric supply chain management include:
Health Check of the Supply Chain Management
The deployment of the end-to-end maturity check & analysis can help in evaluating the current state of the supply chain management network in existence. The health check & analysis of the supply chain management network includes the process of surveying the underlying customer expectations along with performing an audit of the beliefs of the stakeholders, and interviewing with top-end business executives for gauging the respective commitments towards bringing into effect improvement. The underlying results of the analysis can help in identifying the respective key trends and benchmarks, and also in understanding the opportunity for the overall optimization of the given supply chain network.
Strategy & Innovation of the Supply Chain
When it comes to the businesses involved in the transportation industry, it is important to come up with the answer to “how adaptable and sustainable is the supply chain of your business, and what is the vision for future for your business?” When the businesses are able to answer the given set of questions, it can help them in understanding a comprehensive range of industry metrics including optimization, segmentation, the difference between inventory & service, difference between make &buy, flexibility, agility, complexity, risk analysis, organization management, performance metrics, and so more.
Network Design, Agility, and Optimization:
The particular step is focused on ensuring that the given supply chain network is more agile and optimized. The businesses involved in the given supply chain network must be able to handle vital areas including transport management system (TMS), transport network optimization, and logistics outsourcing. It can help the organizations involved in examining the overall logistics, analytics, and distribution footprint. With the help of the reliable Logistician Transport Management System (TMS) solutions, the businesses can ensure a highly effective supply chain along with a proper vision for future capabilities in the given network.
Demand Signals & Planning
For the businesses involved in the supply chain industry, the ultimate next objective should be the creation of an effective supply chain network that is driven by the overall demand of the end customers. This would require in-depth, careful sales & operations planning, automation, demand forecasting, planning, and supply planning. It must also consider the important factors including manufacturing scheduling along with end-to-end data integration.
Inventory Turns & Availability
A specialized, customer-centric supply chain network must aim at following the best practices in the respective fields including effective inventory management, statistics, and analytics. Proper excellence in the respective areas can help in optimizing the overall inventory, addressing the demand volatility, and improving the existing product availability along with enhanced customer services.
Lean & Effective Supply Chain Execution
The ultimate final step in the process of developing the customer-centric supply chain network should be the evaluation of the existing warehouse and the respective transport operations for the purpose of improving the overall flow and eliminating waste production. One of the major steps here is the synchronization of the supply chain networks of the existing suppliers along with the other partners in the given network.
By making effective use of the best transport management system (TMS) in the given supply chain network, the businesses involved in the given industry can ensure maximum customer satisfaction.