Why Supply Chain Matters To Business Success?

Posted by daretodream8888 09/08/2018 0 Comment(s) News Update,

According to a survey by Deloitte, 79% of companies with high-performing supply chains achieve revenue growth greater than the average within their industries.

Statistics from Logistics Bureau showed that 50% of businesses regardless of size, fail or close down within 5 years of launch, mainly due to poor supply chain performance.

The following supply chain performance issues can all have a negative impact on customer satisfaction and therefore, hamper the success of your business:

  • Long delivery lead times
  • Poor order fill and on-time delivery performance
  • Inventory shortages
  • Expensive product with sub-quality
  • Poor product or service quality

It is inevitable that proper supply chain management can lead to tremendous cost savings and drive your business competitiveness. Now, do you want to:

  • Achieve shortest possible delivery lead time with suppliers?
  • Reduce your material cost by sourcing at the lowest possible price?
  • Find alternative suppliers?

Join AVEREST by registering an account for FREE and start browsing our industrial product catalogues for the best deals.

Optimize your product cost by sourcing for your industrial materials and components via AVEREST platform. Stay competitive in your product pricing to ensure the continuous success of your business.

Optimize your product cost by sourcing for your industrial materials and components via AVEREST platform. Stay competitive in your product pricing to ensure the continuous success of your business.

Tags: supply chain business success

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