Learn more about the TOC operational approach from supply chain consultants

Supply chain consulting services are a new buzzword in the corporate world, and new supply chain consulting firms are coming up every day. But it is not easy to manage any organisation's supply chain, and a reputed consultant should be hired to see effective results.

Why do you need a supply chain consultant for your business?

In production-based companies, a major element of maintaining operational speed and efficiency is to ensure the supply of high-quality raw materials at the right time. Supply chain disruptions and delays lead to operational stoppages and wasted working capital in most businesses. In some dire cases, companies may even need to purchase raw materials from a different vendor at a higher price.

International socio-political issues cause some supply chain disruptions. These are unavoidable, and no supply chain consulting services can solve the issue. But in most cases, supply chain problems are due to delay in order placement, incorrect order placement, mismanagement of monetary approvals, etc. Supply chain consulting services can easily solve these problems.

India's top supply chain consulting firms take the theory of constraints approach to solving supply chain delays. In TOC thinking, the consultants first thoroughly examine the existing operational system and then identify constraints within the system. The consultants then apply some shrewd business management strategies to turn these constraints into an advantage for the particular business.

But TOC analysis and modification of the operational process is a continual process, and the cycle should be repeated again to maintain the solution's effectiveness.

Impact of supply chain consulting

Over the last few years, it has been found that supply chain consultants are able to have an impact on the bottom line of production units. When the right quantity of the right material is ordered at the right time, business management can rest assured that their production process will never have to be stopped due to supply chain delays. Business management will not have to pay for wasted man-hours.

The production unit can be run at its full capacity at all times. Even in case of sudden unexpected events that cause disruptions, most supply chain consultants maintain at least some buffer supply to tide over the production process till situations normalize again. This buffer amount also has tobe very clearly planned out not to overwhelm the organisation's storage capacity or exceed the shelf-life of the raw materials.

Supply chain vendors are also very satisfied when their buyer hires supply chain, management teams. These consultants ensure that the vendors' dues are cleared on time every single time. When the vendors are satisfied, the supply chain operates even more seamlessly.

In today's world, every single production unit uses raw materials from far corners of the world. No production unit is now completely self-sufficient. But this huge network of suppliers requires a lot of careful planning and strategizing to maintain.

This is where supply chain consultants have been found to be extremely useful. They offer a third-party perspective and help companies identify flaws in their system, which they can eventually resolve. They save the company's time and money and provide tried and tested solutions to improve the supply chain management system of the company quickly.

Suppose you are also part of the business management of any organization and want to resolve the issue of supply chain disruptions permanently. In that case, hiring a supply chain consulting service may be the smartest decision for you. Just do some research and pick a reputed consultancy service with at least a few years of experience.