Your supply chain management puts strategies in place that ensure your products arrive at their final destination. An excellent strategy involves mastering the 7 “R’s” of supply chain management.
If your team is having trouble meeting deadlines and pleasing customers, here’s how working with a logistics team like GFS can help you conquer the 7 “R’s.”
Right Product
A great selling product isn’t always going to be at the top of the food chain. Quality supply chain management keeps the total market in perspective. Knowing the liability of a product’s demand is essential.
GFS Logistics keeps tabs on the best markets for your brand to invest in. We ensure the right products go out at the most profitable time.
Right Quantity
Always know you have the right quantity of a product when demand is high. Backorders and stockouts result in unhappy customers. Don’t damage your reputation because you never have the right quantity of a product at a given time.
See AlsoWhat are the components of effective supply chain management?5 supply chain performance drivers to foster efficiency and responsivenessThe 4 core elements of supply chain managementSupply Chain 4 MeWorking with a logistics team that uses a warehouse management system (WMS) lets you view your inventory on a whim.
Right Quality
The quality of your products should always be perfect. Consistent quality builds rapport with customers and increases your pull in the industry.
A key management strategy is to work with each team throughout the handling and packing process. Review your expectations and implement proper techniques that ensure your products are in pristine condition by the time they’ve reached their destination.
Right Time
Expediting your delivery times is a cornerstone of successful supply chain management. If you work with a logistics company that puts this need first, you’re already a step ahead of the competition.
At GFS Logistics, we constantly monitor traffic patterns and delay alerts. This allows us to inform transportation teams of delays and craft the best route possible that meets your client’s delivery requirements.
Right Price
Knowing the current supply and demand of your products lets you dictate a competitive price that draws customers to your brand.
A reliable logistics team should have programs in place that monitor the demands of your market. We can tell you when it’s time to increase or lower your prices to remain appealing to your customers.
Right Customer
While you may want to expand your reach beyond your current customers, it’s always best to keep your loyal customers happy. Long-term success is the goal of a great supply chain. Therefore, keep your higher goals in mind, but always put your current customers first.
They will be the ones that stay happy with your service and recommend you to more business.
Right Location
Building up your supply chain team in the right location is paramount. The closer your team is to your customers, the easier it will be to meet shipping demands.
For example, we’ve received several requests from companies based in California that want to move their supply chain HQ to Texas. This is an excellent location move because we have access to all major highways, overseas shipping, and reliable flight routes. Texas is the perfect example of a location move that connects you to your customers!
Take Charge of Your Supply Chain’s Success With GFS Logistics
GFS Logistic’s supply chain management skills have helped countless companies across all industries. We know how important the 7 R’s are in your supply chain. Let us step in and give you the expertise you need to push your brand forward.
From warehousing to finding the best shipping rates, GFS Logistics is your one-stop solution for all of your logistics needs.
Contact us today to take control of your supply chain management with GFS Logistics.
