There is no given best supply chain in any industry. Best practice – yes, of course, but there are many factors that govern precisely what you should be doing at your company. The best solution is quite simply to set a strategy and adhere to it. Look at H&M and Zara – two giants in the retail sector, with entirely different solutions for their supply chain process.
At Sonat we work with most industries, from pharmaceuticals and agriculture to electronics manufacturing. We want to highlight two business areas where we definitely have the most experience and knowledge in supply chain management.
Trade is characterised by stiff competition with a multitude of channels and exacting customers. Supply chain management (SCM) allows you to enjoy a decisive competitive advantage. SCM affects revenue, profitability, margins, expenses, working capital and growth capacity.
Competition is growing. Customers are becoming more demanding. Key concepts for success are accessibility, flexibility, short lead times and cost efficiency. The capability to develop and operate international supply chains is imperative. The competition is more between supply chains than between individual companies.