Insights

How to Achieve a Lean Supply Chain

We all vie for a tighter schedule, less waste, and an optimized workplace environment with fewer errors, but few know how to properly achieve it.

We make it simple at Incito. Here are a few basic steps on how to achieve a lean supply chain.

Minimize Waste

The beginning of the process starts with eliminating unnecessary costs. When you’re wasting money, products, and time, it all reflects poorly on your revenue and the end result. It prevents proper brand and company growth, putting your production processes in a rut. The first step it to eliminate or minimize your waste.

Utilize Modern Tech

Workplace applications and integrated systems allow you to come up with quick solutions to issues, as well as expedite processes like assigning tasks to specific employees, understanding what happened/is happening with a shipment, etc. Using modern technology (once it’s been properly tested and run its course) can be the perfect solution to minimize costs for otherwise tedious tasks, and eliminate error from your workflow.

Eliminate Forecasting

By putting yourself in greater control of supply and demand, namely, fulfilling the customer’s expectations on as few third-party operators as possible, you’re able to run a tighter ship in various aspects. When problems arise with third-party companies, they’re out of your control, and you’re left in the shoes of a customer who just heard that there’s a delay, one they cannot control. Forecasting needs to be replaced with certainty.

Put Focus on Cost Fulfillment

At the end of the day, the customer receives their product, unknowing of the intricate and lengthy process it took to manufacture and distribute said product. You understood every penny that went into it: was it worthwhile?

When you have a lean supply chain, the end result should always coincide with your reasonably-expected profit margin. If you’re not fulfilling to your company’s needs, there’s a deeper problem at play.

How to Achieve a Lean Supply Chain With Incito

Learning how to achieve a lean supply chain can be difficult – but we make it simple. Contact us today to learn how we can help you minimize waste and error, and maximize your production and profits. It all starts with you and the practices you put into place; today is the day to start making effective changes.

Want to learn more? Schedule a consultation.

About how Incito can help transform your business and tackle your most important strategic challenges.