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Supply Chain

Management

Supply Chain Management

Just as relationships with your customers and employees are vital to your success, the same applies to your suppliers. Taking a proactive approach to managing your supply chain includes examining current relationships with suppliers, reviewing how they are monitored and measured, and what contracts you have in place to determine how they are able to commit and deliver on what you need to have for ongoing success and reliability.

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It is important to manage your cashflow properly to ensure there are no payment issues having a negative impact on the relationship with your suppliers. Understanding the flow of your materials/services and the effect this has on your inventories and cash flow are all part of making a solid strategy for managing your supply chain effectively. It is also important to understand the opportunity costs when making decisions about purchasing, inventory levels, and the effects on your business.

Determining what risks need to be managed and how you will tackle them if/when they surface in your supply chain is a proactive approach so that you and your team are prepared and will have a plan in place to cover off the worst-case scenario in case it affects your business. This ties back to ensuring you have the right team in place as well, so they can be agile to change in the necessary direction and keep moving forward with you and your company.

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Service Area

We are based in Orangeville, Ontario servicing businesses on-site and remotely across Dufferin County, Bolton, Caledon, Georgetown, Mississauga, Brampton, Aurora, Vaughan, Newmarket, GTA, Peterborough and the Kawartha Lakes region.

Phone

519 938 7272

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