Managing a product’s journey from start to finish (raw materials to customer) is called Supply Chain Management (SCM). It is super important for all businesses because it affects costs, customer happiness, and how well they compete. A well-managed SCM saves money, gets products to customers faster and helps businesses adapt to changes. That’s where our supply chain consulting comes in.
Our experienced team helps companies make customers happier, avoid problems, and be more successful. We understand your unique needs and create custom solutions, whether you want faster deliveries, less inventory, streamlined purchases, or a better view of your whole supply chain.
Contact our supply chain consulting today to see how we can help your business grow by improving your supply chain and reducing costs.
Accurately tracking supply chain costs is paramount for B2B businesses. The nature of B2B transactions often involves complex and variable costs influenced by factors such as the scope of projects, negotiated contracts, fluctuations in raw material prices, and varying production volumes.
While B2B pricing often allows for flexibility through negotiations between buyers and sellers, inaccurate cost calculations can still lead to mispricing, lost revenue, and a weakened competitive position.
Even seemingly small pricing errors can have a substantial cumulative impact, especially in scenarios involving large-scale projects or ongoing contracts.
Therefore, a deep understanding of the true cost associated with each product’s journey through the supply chain is essential for maintaining profitability, securing favorable contracts, and establishing a strong market presence.
How We Help
We provide expert guidance and support to help you navigate the complexities of B2B costing. We work with you to identify all relevant cost drivers, analyze cost data, and develop accurate cost models that reflect the true cost of your products or services. This detailed cost analysis provides a solid foundation for informed pricing decisions, effective negotiations, and improved profitability.
Our approach empowers you to understand the financial implications of every stage of your supply chain, from sourcing raw materials to final delivery.
Accurate product costing is absolutely critical. Even minor price discrepancies can have a significant impact on profits, especially when dealing with large sales volumes. Consider the impact of a mere 10-paise loss per unit on a million products, it translates to a substantial loss of 100,000 Rupees.
B2C businesses face unique costing challenges, including fluctuating raw material prices, intricate manufacturing processes, diverse distribution channels, and constantly evolving consumer demand.
While B2C costs are often more standardized and easier to track compared to B2B, the focus on production, distribution, and marketing requires a deep understanding of the Cost of Goods Sold (COGS).
Accurate COGS calculation is crucial for setting competitive prices, optimizing marketing spend across various channels, and maintaining healthy profit margins in a price-sensitive market.
How We Help
Our specialized B2C cost analysis services provide the precision you need to thrive in the consumer market. We meticulously pinpoint and analyze key cost drivers across every stage of your operations, from product manufacturing and packaging to marketing campaigns, delivery logistics, and customer support.
We carefully examine both direct costs, such as the cost of materials and direct labor directly associated with producing a specific product or SKU, and indirect costs, also known as overhead costs.
These indirect costs, while not directly tied to a single product, are essential for the overall production and sales process, encompassing marketing expenses across various channels, delivery costs (including storage, shipping, and handling), and customer acquisition costs (the cost of acquiring each new customer).
Our in-depth cost analysis empowers you to set accurate and competitive prices, optimize your marketing spend for maximum ROI, and significantly increase profitability.
Effective inventory management is a delicate balancing act. Businesses must maintain sufficient stock levels to meet customer demand and avoid stockouts, while simultaneously minimizing the costs associated with holding excess inventory, such as storage, insurance, and obsolescence.
How We Help
We provide comprehensive inventory management solutions to help you achieve this crucial balance. Our strategies focus on optimizing key inventory metrics, including safety stock levels, minimum order quantities (MOQ), economic order quantities (EOQ), and reorder points.
We help you determine the optimal inventory levels that minimize costs, prevent stockouts, and improve overall customer service by carefully analyzing your demand patterns, lead times, and carrying costs.
We also offer solutions built on widely accessible and user-friendly platforms like Microsoft Excel and Google Sheets, providing cost-effective, flexible, and easily integrated tools that can seamlessly integrate with your existing systems. These tools offer a practical and efficient way to manage your inventory without the need for complex and expensive dedicated software.
Optimizing your supply base is a critical component of a successful supply chain strategy. Identifying the right number of suppliers and ensuring their performance aligns with your business objectives is essential for cost control, risk mitigation, and responsiveness to customer needs.
How We Help
We offer expert vendor assessment services to help you build stronger, more reliable supply partnerships. We assess vendors based on a range of key parameters, including price competitiveness, product quality, delivery reliability, information-sharing capabilities, and overall responsiveness.
We work with you to develop clear performance metrics and conduct thorough evaluations to identify the best-suited vendors for your long-term needs.
We also help you develop improvement plans for underperforming suppliers and establish effective communication channels to foster collaborative relationships.
Our strategic approach to vendor management helps you reduce costs, mitigate supply chain risks, and improve overall profitability.
Balancing inventory levels is a constant challenge. Businesses aim to maintain sufficient stock to meet customer demand while minimizing the costs associated with holding inventory. Our supply chain consulting helps businesses achieve this balance through the following strategies
We employ advanced forecasting techniques, including time series analysis (moving average, exponential smoothing, and ARIMA models) to accurately predict future demand. These forecasts directly inform our inventory models, such as the EOQ calculation and safety stock levels. We also use ABC analysis to prioritize inventory control efforts based on item value and volume.
We consider various other factors for a comprehensive approach, including storage capacity, obsolescence risk, and supplier lead times.
The benefits of our inventory optimization approach include
In the pandemic’s wake, the company quickly repositioned its supply chain