Demand volatility, product updates, complex industrial structures or networks and distribution channels, pressure on inventory and shortening lead times all put pressure on supply chain planning, making it increasingly difficult. This tendency towards increased complexity will only increase over time.
The quality of decision making in the Sales & Operations Planning (S&OP) process, the coherence of operational distribution, production and supply plans and excellence in execution are three pillars of supply chain planning that, when carried out correctly, result in excellent customer service and the reduction of inventory levels to the minimum required.
Companies need to adapt, questioning their planning principles to ensure they best support the business strategy, structure and professionalise teams through results-oriented transformations, equip themselves with the most effective technologies to support operational demand planning processes, flows, inventory and capacity. It is important to combine best practice by industry, a practical approach and ensure that teams are engaged and onboard with any changes envisaged.
Outsourced procurement teams allow companies to benefit immediately from experienced procurement specialists support & expertise.This avoids the creation of an internal team (new resources) and the required time for that team to structure itself, its processes and its expertise.
Outsourced procurement is therefore an available solution for companies who Have no internal competencies but want to quickly benefit from procurement action (Cost reduction, suppliers and contract management - Have internal procurement expertise (department) but want to outsource activity on specific area(s) like indirect materials and services. - Consider Procurement as a non strategic / core function and want to have it managed by a procurement service provider - Want to develop quickly a procurement function to deliver savings, with a willingness to internally develop this function in the mid term
Procurement Outsourcing is being thought of in a big way in automobile manufacturers in India and China because with increasing number of cars being produced every passing day more man hours are required in trivial issues like timely delivery of materials. Hence Procurement team cannot concentrate on its core competency of negotiations and vendor selections.
Procurement specialists usually split procurement activities into two parts:
Direct procurement. Direct categories are all goods purchased by the company which directly enter into the production process of that company.
Indirect Procurement. Indirect categories are all the goods and services that are bought by the company to enable its activity.
Specialized procurement services are dedicated to procurement and have developed a strong expertise in procurement and procurement outsourcing, mainly in indirect procurement. Additionally, we offer procurement outsourcing services in a limited manner, mainly focusing on strategic inputs or recommendations.
NUTRONIC supports its clients in optimising their spare parts supply chain to achieve service, inventory and cost targets. Our scope of services ranges from the diagnostic and target design stage through to operational implementation and includes:
The management of spare parts is a critical aspect of performance for after-sales and maintenance activities; it is the main contributor to the cost and working capital and heavily influences equipment availability.
The management of spare parts involves very specific and complex issues, some include:
Spare parts management involves complex trade-offs between cost, inventory and service; these three dynamics must be addressed simultaneously, and therefore a number of key questions need to be answered:
Effective inventory management is all about knowing what you have, where it’s stocked, and how much you’ll need. Easier said than done though. That’s where NUTRONIC brings value. NUTRONIC uses a multi-echelon approach toward inventory management to enable today’s global, inter-connected business operations prevent stock-outs and improve supply efficiency.
With more than a dozen years of experience in managing inventory for hundreds of market-leading companies across the world, GEP helps clients streamline their inventory through best-in-class processes and highly efficient tools.
Our comprehensive inventory management services encompass:
NUTRONIC’s experts help you optimize and manage all the components of your inventory operations, including cycle stock, safety stock, pipeline and pre-build inventory to drive more efficiency across the value chain.
Using a variety of proven inventory management techniques, NUTRONIC makes your organization nimble enough to respond to rapid fluctuations in demand, without compromising on service quality. By leveraging time-phased demand signals and Just in Time (JIT) strategies,our experts help you improve supply efficiency and customer service levels.
Our experts help you plan your inventory better so that you have the right inventory, at the right time, at the right location. We work with you to improve inventory cost accounting, streamline credit management, and enhance cash flow to free up valuable working capital that’s stuck in inventory. Learn more about NUTRONIC's inventory management services.
As part of our logistics services, any order is proactively expedited and the transport of parts coordinated to one of our consolidation centers around the world. Consistent communication and electronic data exchange with manufacturers and suppliers, parts receipt, physical inspection and product labeling ensure highest quality in further handling and efficient storage of parts.
In addition to that, parts scheduling for fixed interval consolidated orders as well as export packing for airfreight or sea freight are carried out within our warehousing facilities, and tailored to suit both customers needs and destination country’s import regulations..
Finally, completion of customs documentation of the country of import as well as carrier loading is handled by our logistics experts. A timely update of finance and insurance partners and consolidated invoicing to customers along with payments to related parts suppliers ensure a smooth dispatch of shipments.
End-to-End Logistics Management Services
With NUTRONIC’s logistics management solutions, you can:
Our logistics experts are well-equipped to manage all types of shipments, whether it’s FTL, LTL, flat bed, refrigerated, or any other type of shipment. So all you need to do is just give us a call and we’ll take it from there — yes, it’s as simple as that.
