Optimizing the supply chain

When the areas of opportunity that exist in the processes that intervene with the profitability of a business are identified, very surely its review will have led to its supply chain and how it affects your sales volume or operating cost, and even the level of service you offer your customers.

A supply chain is essential in any store or online business. If you want your orders to arrive on time and always arrive punctually, it is essential that you implement it in your business.

Additionally, innovation in supply chain management is an important success factor in business development and even a lifeline during tough times. In recent years of economic instability, supply chains have proven resilient and capable of withstanding severe financial stress.

Professionals dedicated to supply chain management have maintained their efficiency and responsiveness, innovation in the supply chain is currently a strategic factor for the world's leading economy.

It is important to be very clear that an optimization in the supply chain has a direct impact on the profitability of the company, and its survival in the market, so it is equally important to involve all the areas that, in one way or another another, they intervene in each of these processes to be optimized. On the one hand, logistics ensures that your product arrives from the factory to the final point in optimal conditions in a certain period of time. Factors such as transport, storage, picking or fleet control would enter logistics.

The supply chain, on the other hand, supervises all tasks from a more global point of view; manufacturing, raw materials, storage, logistics, suppliers, etc.

Therefore, logistics would be part of the supply chain and that is where the difference lies. The supply chain would encompass much more than logistics and the difference is the level that each of them encompasses.

Business leaders who are able to communicate their significant and proven achievements can not only affect the return on investment (ROI) in their own companies, but also give back to the industry and their peers by sharing