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Involves overseeing the flow of goods and services from the point of origin to the final consumer.
Supply chain management (SCM) involves overseeing the flow of goods and services from the point of origin to the final consumer. It encompasses the planning, coordination, and execution of processes like sourcing raw materials, manufacturing, logistics, warehousing, and distribution. Effective SCM ensures that products are delivered efficiently, at the right time, and at optimal cost. It focuses on maximizing productivity, minimizing waste, and meeting customer demand while maintaining strong supplier relationships and adapting to changes in market conditions. SCM plays a crucial role in reducing costs and enhancing business competitiveness.
B2B costing refers to the process of determining the costs associated with producing and delivering products or services in a business-to-business (B2B) environment. It involves calculating all relevant expenses, including production, raw materials, labor, overhead, and logistics, as well as indirect costs like marketing and sales efforts. Accurate B2B costing is essential for setting competitive pricing, maintaining profitability, and ensuring long-term sustainability. In B2B transactions, pricing structures may also include considerations such as bulk discounts, contract terms, and long-term customer relationships, making costing a critical part of strategic decision-making.
B2C costing involves calculating the costs associated with producing and delivering products or services directly to individual consumers in a business-to-consumer (B2C) context. This includes direct costs like materials, manufacturing, and labor, as well as indirect costs such as marketing, distribution, and customer service. Accurate B2C costing helps businesses set competitive retail prices, manage profit margins, and ensure overall financial health. It also involves considering factors like pricing strategies, promotional discounts, and customer acquisition costs to effectively target and appeal to the end consumer.
Managing purchases GRN quality material outward etc. on a large scale could required a proper MRP software. We typically help organisations in identification of the right product, deployement and support in running day to day operations.
We also have a proprietary inventory managment tool developed on MS excel to automate the entire workflow for small and medium entrises. It is working for a mid scale organisations in multiple industries like capital equipment, Steel trading, pharamceutical manufacturing etc.
Vendor assessment is the process of evaluating and analyzing suppliers or service providers to determine their suitability for meeting a company’s needs. This involves assessing various factors such as product quality, reliability, delivery performance, financial stability, and compliance with contractual and regulatory requirements. The goal of vendor assessment is to ensure that vendors meet the required standards, mitigate risks, and establish strong, productive partnerships. It helps businesses make informed decisions about supplier selection, negotiate better terms, and improve overall supply chain efficiency.
Inventory levels refer to the quantity of goods or materials a company holds in stock at any given time. Managing inventory levels involves balancing the need to meet customer demand while minimizing holding costs and avoiding overstocking or stockouts. Effective inventory management ensures that sufficient stock is available to fulfill orders promptly, while also optimizing storage costs, reducing waste, and improving cash flow. Accurate tracking of inventory levels helps businesses maintain operational efficiency, enhance customer satisfaction, and support strategic decision-making.
