Supply Chain Management - or SCM in short - is a global logistics operation involving many stakeholders along the way. It is a centralised network to move goods and services from the manufacturer to its final buyer. Today, this distribution journey has become a complex process marked by evolving factors such as evolving customer expectations, more routes to market and supply chain management complexities.
With the rapid global expansion and a growing appetite for value-added services, a lot of pressure is now placed on the global supply chain. According to the DHL Engineering & Manufacturing Case Study, inbound to manufacturing logistic costs continue to increase and rising performance issues require a more comprehensive solution.
Having a resilient international logistics network can be beneficial for modern traders and business operations. Streamlining this complex process would also help to improve profit margins, deliver quality and customised solutions for customers and provide full supply chain visibility. It can also open the doors to expansion opportunities or allow businesses to scale effectively through a consistent and reliable downward supply. With an independent logistics network designed to provide the fastest international delivery, DHL Express is able to connect businesses globally no matter where they are on the map.
As a business, having a resilient logistics chain requires resources, expertise and tailored solutions, which only a reliable partner can deliver.
While planning an effective model can be challenging, there are a few ways to enhance your supply chain management.
1. Acquire real-time data
The Internet of Things has led to a massive digital transformation around the world. Vast amounts of information can now be captured from various supply chain sources. This provides valuable analytics and insights for both the businesses and their consumers.
Real-time data makes it easier to identify and rectify issues before they have a chance to affect the entire distribution chain. They deliver operational efficiency by providing real-time tracking, capacity planning and pre-emptive measures. With 24/7 information on demand, supply chain leaders can make data-driven decisions and machine learning to transform the way they work. The appeal of big data in supply chain management is also echoed in a 2020 Ernst & Young LLP survey of 200 senior-level SCM executives. In the survey, a majority of the respondents reported greater success in breaking down organisational silos across the entire product value chain, as well as seamless collaboration with manufacturing stakeholders.
2. Develop a logistics hub
A logistics hub is an area allocated to logistics activities such as transportation, sorting, dispatch, and distribution of goods to the end buyer. It allows for the streamlined organisation of work and automates the supply chain.
Such logistics destinations can be ideal for improving order fulfilment rates and helping organisations provide dedicated services to their customers. However, note that building a logistics hub can be a lengthy and costly process. Apart from just sourcing a warehouse for inventory-keeping, businesses will need to incorporate a warehouse management system to sync operations with the distribution centres.
3. Invest in human resources
In a pioneering study of why and how the fashion supply chain was evolving, it was revealed that a human-centred model is the way forward.The study results suggest a shift from silo operations to a dynamic web of human participants in order to create a flexible logistics operation.
The full spectrum of supply chain management is not only about strategy development, data mining and hardware upgrades. It is also about the effective management of human performance. Unlike digital intelligence and machine learning, the influence of real workers along the supply chain has garnered little attention. Businesses would need employees who are able to ensure the procured materials meet quality standards, evaluate delivery timings, maintain ideal relationships with suppliers, and so on.
Adopting a people-centric culture is key to resilience. As an organisation that invests heavily in human resources, DHL Express has developed an agile workforce that is quick to tackle challenges that come our way. By cultivating employees’ skills, we have managed to grow a team of network planners, air operations teams, fleet managers and more to service the evolving needs of our customers.
Smart supply chain management
In recent years, the trading industry has undergone massive transformation and global supply chains have come under pressure to deliver more efficiently. To navigate this confusing landscape, businesses can choose to partner with a reputable global logistics provider like DHL Express to scale their businesses globally.
DHL Express offers a complete gamut of logistics services, with the combination of smart processes, unparalleled accuracy and human-centric services which enables us to streamline and resolve all kinds of international logistics operations - no matter how complex. Let us help you streamline your complex international logistics operations today!
