After reviewing the facts, it is clear that the rubber processing service Suppliers should be included in a clean out of inventory. Instead of one company running the supply chain, it would be far better to have several suppliers working together to make their operations more efficient.
Once the supply chain is cleaned out, there will be a better understanding of how everything is linked and then when an organization can eliminate the entire cycle. All too often, businesses will use that which they receive as the best way to do business.
To solve the problems caused by a lack of control, the entire process needs to be reorganized
When a company purchases a part or piece of equipment from a supplier, it would be great to get this in writing. If the product is damaged, it can lead to significant problems later on. Since there are now more than just three rubber suppliers, it will be necessary to reduce the cost associated with the whole process. To help accomplish this, different stores need to be set up. This will help the stores take orders when needed and to meet the minimum order requirements. One store can be set up for each particular brand with a maximum amount of sales for each type of rubber product. If a store receives low volume orders, it could pass that order along to another store. Once this is done, there should be instructions and guidelines for how companies need to manage their inventories. If a company makes a mistake and cannot fulfill an order, then the damage has been done, and the company will have to pay for that. A new solution needs to be created to allow the business to eliminate the problem.
To alleviate the issues associated with inventory, it may be necessary to change the current systems and procedures that are in place. The amount of time spent in gathering and reviewing the list is much longer than it should be. It should be streamlined so that a company will have the ability to place orders as soon as they come in.
There are many reasons why a company needs to place an order at a later date; the best solution would be to ask for them every day. Allowing a company to get those requests in will reduce the time it takes to make sure products and decrease the amount of time a company spends on finding new customers. Not all customers are willing to wait until they place an order and then have the merchandise shipped right away. Most customers are ready to wait and enjoy their goods once they receive them. When these items are delivered, the best way to manage that delivery is to use the packaging technology in place. Customers will like to know that they are going to get exactly what they ordered, and there is not going to be any "stinking" leftovers. There should be a system in place so that the inventory can be sent to a warehouse and then released to customers in the best possible manner. This will save a lot of time for businesses.
One of the most important things that a company needs to focus on is the quality of the product that is being produced. Each supplier that manufactures its products should be certified by an independent organization. This would make sure that no matter what happens, the product will continue to meet the customer's top priority. It would be wise for companies to plan and to put some of the planning into place when they purchase rubber and other supplies. Doing this will allow them to come up with the best solution and reduce any chance of making a mistake.
Name: Samira H Revised Date: 16- 06-2020