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Why Supply Chain Management?

Because business has evolved. You should too.

March 17, 2017

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There’s an old business maxim that goes, “When you’re finished changing, you’re finished.” It was prescient advice when Ben Franklin first said it, and it’s just as insightful today.

How we conduct business in Alberta is changing.

It’s no secret that Alberta has weathered an economic storm, the likes of which haven’t been seen for at least a generation. It’s also no secret that businesses are struggling.

Change in business is a constant, and because of that, the way you grow your business will constantly change too. We all need to be Smarter. Faster. Stronger.

So then, how do you weather the storm? How do you keep your business lean and mean when times are more difficult than usual?

To business leaders who know, the answer is clear: Invest in Supply Chain Management.

Gone are the days where businesses had to grow to have a global influence. Today, you can be working with suppliers, vendors and customers half the world away with the click of a button, right from day one. Supply Chain Management is not just a tactical function—it’s a strategic asset that maximizes value when it matters most.

The simplistic view of Supply Chain Management is that it’s about managing inputs, assets, flow of goods and services and cost reductions, but it’s so much more. Supply Chain Management is a key component of asset utilization and revenue generation. It doesn’t just save you money—it’ll help you make it, too. In all key decisions, Supply Chain Management has its place.

The best way to ensure you have the right Supply Chain Management for your business is to hire a Supply Chain Management Professional (SCMP).

An SCMP can help make critical decisions that directly impact your corporate bottom line, providing you with a competitive edge. Hiring an SCMP is investing in someone who strives for a standard of excellence held by highly trained, highly qualified individuals accredited by the Supply Chain Management Association.

A Supply Chain Management Professional will make your business better.

From having a keen eye for flagging and addressing issues to making your processes better, faster, more innovative, safe, flexible and adaptive, SCMPs aren’t nice to haves, they’re must haves. They are experts in Supply Chain Management—a strategic asset that maximizes value.

Involving a Supply Chain Management Professional within your leadership and operations allows for a deeper, strategic view that ensures success.

Supply Chain Management Professionals will:

  • Reduce costs
  • Contribute to your success
  • Improve customer satisfaction
  • Optimize supplier relationships
  • Mitigate risks

When Supply Chain Management is handled in-house, you make your business smarter, faster, and stronger. SCMPs are proactive resources that help reduce injuries, inefficiencies and project delays. Your business will have the agility to innovate new products, respond strategically to market changes, increase yields, reduce costs and avoid unnecessary ones too.

Never say, “Well, that was a waste,” again.

This isn’t snake oil. This is how you adapt and grow your business. Effective Supply Chain Management is about being proactive rather than reactive. An SCMP can anticipate change because they are the ones looking further to plan ahead and grow with the natural ebb and flow of business.

Whether or not your management team knows it, Supply Chain Management is on the agenda. It touches 80% of most businesses. And with the current economic downturn, we are all naturally being forced to strategize and improve efficiencies. Proper Supply Chain Management makes that easier.

If you’re not finished growing your business and working with change, you’re not finished. It’s time to start writing the next chapter of your business’ success. Demand that an SCMP has a seat at your business’ decision-making table. After all, it’s the best way to evolve your competitive advantage.

Get the full Supply Chain Management picture here.

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