In production activities, technology of Supply Chain Solution Malaysia is a familiar term. The supply chain is the key to the success of moving products from processed raw to consumers. In its management process, supply chain is an important process because an optimized supply chain results in lower costs and faster production cycles.
What Exactly is Supply Chain Solution Malaysia?
This is a management of the entire process of handling the production flow of goods and services from the procurement of raw materials to the delivery of final products to consumers. This entire process includes product production, material sourcing and logistics. A supply chain involves various activities to produce a product until it reaches the consumer. Activities in it include moving raw materials and processing them into finished products. An efficient supply chain management process requires reliable suppliers. This means they produce quality products that meet the manufacturer’s requirements, and products are delivered on time.
Malaysia Supply Chain Solution Challenge
Currently, the competition in the industrial market is so tight that it is not only competing to win the hearts of domestic consumers, but also competing to penetrate the global market. Moreover, now is the era of globalization and a free market economy carried out by organizations such as the World Trade Organization (WTO), Asean Free Trade Area (AFTA), Asia-Pacific Economic Cooperation (APEC), etc., which are increasingly adding to the fierce competition in the global market. . Therefore, some of the challenges they have are:
Quality Customer Service
Problem: Every consumer is unique, they have different preferences for each product. This point refers to how the company provides the right quantity and quality of products at the right price.
Solution: Due to the diversity of consumer preferences, companies must be able to provide solutions and meet consumer needs.
Cost
Problem: The existence of external factors such as economic constraints causes the cost of raw materials, energy and labor to increase. To produce quality products at affordable prices, adjustments are needed to keep operations running
Solution: The best solution by improving cost control by managing plans and continuous monitoring through warehouse efficiency assisted by a manufacturing data platform
Risk Management
Problem: The company’s external factors that cannot be controlled such as constant market changes due to political conditions and consumer demand will cause problems in the company’s operations.
Solution: Prepare a risk management plan on how the company can deal with any disruptions during operations.
Relationship with Supplier
Problem: One of the quality products depends on the raw materials used. So companies need to create healthy relationships with all related partners.
Solution: Create a strong working relationship, if both parties are happy to do their job, the work process will be more efficient and give the best results.
Qualified staff
Problem: HR plays a very important role in carrying out their duties and responsibilities based on their job desk.
Solution: To find dedicated and loyal personnel is increasingly difficult to find, then one option is to promote internal staff and be given training.Supply Chain Solution Malaysia
What is The Best Part of Supply Chain Solution Malaysia?
Supply Chain Solution Malaysia plays an important role in a business run by a company. Prior to supply chain management, companies suffered a lot of losses due to product delivery estimates that sometimes did not match market demand. Now, by implementing this supply chain management, companies can reduce losses and actually earn above-average profits. In addition, the company can also connect all parties involved in the process of converting raw materials into finished goods. For this reason, the production process and distribution of goods or services produced by a company can run more effectively and efficiently.
