Supply Chain Management from MOKO
Supply Chain Management(SCM) aims to organize various resources of the company to jointly meet the needs of customers by optimizing each stage of the supply chain such as procurement, planning, production, logistics, etc. And finally, companies can save costs while the end customer can get satisfying services. It is a value-added service for a company’s operation, however, this service has only been valued by a few companies.
With MOKO supply chain management service, the supply chain in your companies would be evolved to a new level with high work efficiency and growing revenue. Contact us now to check out how we can set you apart from others!
Why MOKO Technology?
Established in 2006, MOKO Technology has provided satisfactory services to hundreds of customers around the world, accumulated very rich project experience, and received unanimous praise from customers. There are about 400 employees in MOKO Technology including more than 70 engineers and 50 overseas sales who are well trained and know how to work efficiently with our customers.
The certifications of ISO9001:2015, ISO14001, ISO13485, ROHS, BSCI and UL ensure that our production and products comply with international standards. The vision of providing premium products and first-class services has always driven us to make continuous progress. Customer satisfaction is the top priority for us, we listen, we collaborate, and we offer the SCM service you can always trust.
5 Basic Components of Supply Chain Management Works
Planning
Planning is the first stage, all resources should be planned ahead to meet customers’ needs and achieve the expected performance.
Sourcing
Select good suppliers and manage their relationships. In this stage, it is also necessary to establish some procedures to regulate procurement, inventory management, and payment.
Manufacturing
Organize the required activities such as raw material acceptance, product manufacturing, quality inspection, shipping packaging, and delivery planning.
Delivery and Logistics
Coordinating customer orders, arranging deliveries, dispatching goods, issuing invoices to customers, and receiving payments.
Returning
Develop a network that supports taking back products including defective products and excess products. This stage also refers to inventory and transportation management.
Key Features of Effective Supply Chain Management
Transparency
The transparency in supply chain management means each link shares the information freely that is essential for managing costs and meeting expectations. It can build trust among supply chain partners, which can finally establish a strong and reliable relationship to support the operation of the whole supply chain.
Timely Communication
Good communication makes sure that each link in the supply chain can operate well. It can avoid many problems such as loss of goods and customer dissatisfaction, even if there are some changes or problems in the supply chain, companies can make quick responses.
Risk Management
During the operation of the supply chain, it is inevitable that unexpected situations or new problems may occur, so the ability to handle the emergencies is important. Effective supply chain management can prepare a formal contingency plan soon that can be implemented immediately and finally resolve the problem.
Analysis and Prediction
Effective supply chain management can analyze the current situation of enterprises including their strength and weakness, in addition, it can help to predict the customer needs so you can make plans for future production in advance, which is beneficial for the sustainable development of enterprises.
The Benefits of Supply Chain Management
1. Lower Costs
Supply chain management can feedback customer needs in time, so as to produce according to the real needs of customers to prevent excessive production from increasing the cost of labor and raw materials, and it can also reduce the cost of inventory management.
2. Rational Utilization of Resources
Effective supply chain management can reasonably use and allocate resources including labor, production equipment, and transportation equipment, such as arranging production according to needs to reduce equipment consumption. In the end, the value of the organization and customers can be increased significantly.
3. Higher Efficiency
It can help companies to effectively integrate various resources and adapt to fluctuating markets more dynamically. At the same time, the sharing of materials, production, logistics, and other information can maximize the efficiency of business operations.
4. Deep Cooperation Level
If there is a lack of communication, your suppliers and distributors will be delayed in receiving the latest news, which will lead to obstacles in the cooperation process. Effective supply chain management avoids similar problems and exchanges information and understands each other. It is conducive to more in-depth cooperation.
5. No More Delays
Effective supply chain management can ensure that all links in the supply chain can communicate and share information on time that can avoid delays caused by untimely news, which can improve the punctuality significantly.
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