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Inching Closer to Agile Supply Chain

“It is not the strongest of species that survive,nor the most intelligent, but the one most responsive to change.”

– Charles Darwin

The ever-changing landscape of customer preferences and the increased service level demands , has made agility the word of the day for supply chains around the world. Supply chain expectations and needs have always been driven by market winners and market qualifiers, which are decided by the customers. For example,quality dominated the early 80s and after that cost was the winner.Presently, it’s lead time and service levels for the customer, with quality and cost being downgraded to qualifiers. Customers, across both B2B and B2C markets, now expect on-time deliveries within pre-decided time slots, at doorstep deliveries, excellent after sales service,option to postpone deliveries, etc .

These requirements have forced companies in all sectors like Consumer Goods (FMCG/FMCD), Chemical, Food,etc to rethink their supply chain management techniques. Lean supply chains can no longer address the needs of the market.Customer service requirements , large variations in demand and economic volatility cannot be handled by lean techniques alone and here, agility comes to the rescue. Agile supply chain basically means augmenting the responsiveness , flexibility and expertise of the processes involved in the supply chain to increase its overall value and and efficiency, through the use of various tools like digitization, machine learning and artificial intelligence applications, predictive modeling of demand, optimization techniques,etc.

In a report by Mckinsey & Company, companies which use agile practices delivered 94 percent of their products on time as compared to 87 percent for the others.Similarly, a product in an agile company spent only 85 days in inventory on an average.

Company logistics in India, largely still run on age-old practices and need a revamp. This revamp will be by the adoption of agile supply chain techniques, mainly through the advent of technology. Quifers delivers technology solutions to manufacturing and logistics companies to streamline the entire delivery ecosystem – right from the plant (or service origin) to the end retailers. Having built technology solutions which are powered with algorithmic decision making for every leg of supply chain, Quifers is leading the efforts of developing an agile supply chain model across all segments of industries in India.

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Following is a brief overview about two of our logistics solutions :

SmartPack is a mini ERP platform to manage movement of goods between CFA (hub) and Distributor.It reduces the transportation cost with delivery planning algorithms.It brings your entire secondary transportation online along with data access control hierarchy. In our recent deployments at Marico, we have seen a cost reduction of more than 20% in secondary transport.

QDMS(Quifers Delivery Management System) is a comprehensive transport planning and management ERP designed for efficient management of tertiary transport.It includes powerful order allocation and route optimization algorithms, robust web-app and intuitive mobile app.Automatic alerts and real-time tracking helps businesses with Delivery Planning, Scheduling and execution and is also appropriate for mobile workforce management.

Agility is the need of the hour to tackle the high variability of the markets and economy while meeting customer requirements. Quifers provides excellent solutions for building an agile supply chain for companies of different sectors. The adoption of these agile supply chains help them to reduce their overall logistical costs, fill the supply-demand gap while conforming to customer standards.The shift from traditional supply chains to agile supply chains is the way for companies to thrive in today’s world, and only the most agile will prosper.

 

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