Target SCM - Supply Chain Management
Powering Your Supply Chain Dynamics
Functional Areas
Supplier Management
Supplier Collaboration
Involves collaborating with suppliers to improve forecasting accuracy and reduce lead times by sharing demand forecasts and production schedules to align supply with demand.
Inventory Optimization
Involves optimizing inventory levels across the supply chain to minimize carrying costs while implementing demand forecasting and replenishment strategies for efficient inventory management.
Warehouse Management
Logistics & Distribution
Aims to plan and optimize transportation routes to reduce shipping costs and improve delivery times, while also tracking shipments in real-time and providing visibility to stakeholders throughout the supply chain.
Cost Reduction
Optimize inventory levels, reduce procurement costs, and minimize transportation expenses.
Improved Efficiency
Automate manual processes, reduce lead times, and increase productivity across the supply chain.
Better Collaboration
Foster collaboration with suppliers and partners to improve forecasting accuracy and reduce supply chain risks.
Customer Satisfaction
Meet customer demand with on-time deliveries and accurate order fulfillment, leading to increased customer satisfaction and loyalty.