controlling your supply chain

7 WAYSTO CONTROL YOURTO CONTROL YOURSUPPLY CHAINSUPPLY CHAIN

“A SUPPLY CHAIN IS THE FLOW OF PHYSICAL GOODS, INFORMATION & FINANCE”

“A SUPPLY CHAIN IS THE FLOW OF PHYSICAL GOODS, INFORMATION & FINANCE”

CASS BUSINESS SCHOOL

TIP # 1TIP # 1MAP OUT YOUR SUPPLY CHAIN

Mapping out your extended supply chain is essential to understanding and controlling it.

Source: Global Manufacturing Outlook, KPMG, 2014

of manufacturers reported a lack of visibility across their extended supply chain.

40%

how reliable and diverse are your

suppliers?

how happy are your employees?

What would happenif a manager left?

do you have contingencies

if the worst happens?

businesses that ignore negative

information react more slowly in

crisis situations.

TIP # 2TIP # 2IDENTIFY WHAT CAN GO WRONG

Supply People

Internal risks = You can control

Plans Culture

TIP # 2TIP # 2IDENTIFY WHAT CAN GO WRONG

Demand Supply

External Risks = Outside Your Control

Environment Businessunexplained or

poorly anticipated changes in demand.

unpredicted supplierissues, increased

competition.

commodity gluts, economic downturns,

climate, war.

financial planning and management.

TIP # 3TIP # 3MAKE CHANGES, CREATE CONTINGENCIES

Mitigate your risks by addressing internal stress points andcreate contingencies for external risks outside your control.

TIP # 4TIP # 4STAY AHEAD OF TRENDS

If you fall behind, your business model and supply chain could become obsolete.

Identify which new technologies could affect your supply chain.

TIP # 5TIP # 5OPTIMISE ONLINE

448% m-Commerce growth in Australia from 2010 to 2013*

Amount spent by Australians online in the year to April 2015**

Of Australians receive an online shopping parcel each month^.

$16.9b 55%

Source: ^Consumer Parcel Receivers Survey, Australia Post, April 2015.

Source: *m-Commerce: Mobile transactions in Australia, ACMA, June 2014Source: **NAB Online Retail Sales Index, National Australia Bank, April 2015

TIP # 6TIP # 6KNOW YOUR CUSTOMERS

$$$

Should you be competing on price or delivery time?

TIP # 7TIP # 7LOOK OUTSIDE

New market entrants and smaller players can benefit from outsourcing logistics, especially when entering overseas markets.

REMEMBER, KEEP IT SIMPLE

Identify the risks toyour supply chain.

Build resilience into your daily organisation

practices.

Successful businessesare proactive not

reactive.

Learn from mistakes.

Prevention Preparedness Response Recovery

WITH GROWTH COMES COMPLEXITYTO SUM UP: TO SUM UP:

This can distract you from focussing on your core business.

MAP OUT YOUR SUPPLY CHAIN AND IDENTIFY WHERE

YOU NEED HELP.

MAP OUT YOUR SUPPLY CHAIN AND IDENTIFY WHERE

YOU NEED HELP.

CALL 13 2345 TO FIND OUT HOW STARTRACK CAN ASSIST WITH YOUR SUPPLY CHAIN