A report from Transalis: Agile Supply Chain
3 key examples of an agile supply chain. This report uncovers how transforming business processes supports agile supply chain management.
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What does an agile supply chain strategy involve?
An agile supply chain strategy involves digitalising and automating core processes so a business can respond quickly to changes in demand or supply. This typically means rapidly onboarding new trading partners, improving visibility of partner and dropship performance data, and using inventory data to guide stock decisions, helping organisations control costs while maintaining service levels.
The combination of international product shortages, changes in consumer demand and an online retail boom have resulted in a widespread shift towards more agile business strategies.
92% of global supply chain managers that participated in a recent survey are actively changing their supply chain to be more agile.
McKinsey and Company*
Agile supply chain management enables businesses to rapidly respond to unanticipated changes in demand or supply, without sacrificing on cost or quality. One area that is critical to supply chain success is the digitalisation and automation of processes. Implementing supply chain technology, such as EDI, transforms inefficient processes for greater business agility.
Our report details the key areas where businesses can improve supply chain management. Including 3 supporting client case studies:
- Optimising the management of the supplier network
- Increasing supply chain performance visibility Read more: DataTrack supply chain visibility across partners, stock and orders.
- Enacting agile inventory management
Firstly, we explore how businesses can increase supply chain agility, by implementing a strategy to rapidly onboard new trading partners. Next, we outline the benefits of dropship and how retailers can increase the data visibility of their network’s sales performance. Lastly, we discuss how organisations can mitigate the challenge of increased warehousing costs by leveraging inventory data. Download your copy of the full report to get access to our detailed findings. Read more: Dropship optimisation platform for partner stock and order visibility.
Frequently asked questions
- How can retailers improve supply chain visibility with dropship partners?
Retailers can improve dropship visibility by using near immediate sales and stock reports from their partner network. Sharing this data allows both the retailer and supplier to monitor availability, spot underperforming product lines and manage stock more effectively, rather than only discovering problems once orders go unfulfilled.
- Why does onboarding trading partners quickly matter for supply chain agility?
Rapid onboarding matters because a supply chain is only as responsive as its slowest connection. Being able to bring new trading partners online quickly lets a business react to shifts in demand or supply, adjust its network when needed and keep processes running smoothly without lengthy setup delays.
- How does inventory data help manage warehousing costs?
Inventory data helps by showing which stock is moving, which is not, and where space is being used inefficiently. With this visibility, businesses can make better decisions about what to hold, reorder or discontinue, reducing the pressure of rising warehousing costs while keeping products available for customers.
- What is included in the Agile Supply Chain report?
The report covers three areas: onboarding trading partners more quickly, increasing visibility of supply chain and dropship performance, and using inventory data for more agile stock management. It includes three client case studies showing how these approaches worked in practice, alongside independent research on building a more resilient supply chain.
Ready to discuss more?
Talk to our specialised team who will work with you to find the best solution to meet your business needs and future-proof your supply chain. Book a meeting, give us a call, or email us directly.
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