Optimal asset performance is achieved through many factors. A major driver of asset performance is Supply Chain Management (SCM). SCM, often described as the strongest link in the chain, provides seamless product flow and inventory to assets when needed. However, a poorly developed SCM program can lead to significant issues such as downtime, loss of production capacity and ultimately reduced profit margins. How much does two days of downtime cost if critical replacement parts are not in inventory?
Broadly defined, supply chains are made up of the people, activities, information, technology and resources involved in moving goods and services from the supplier to the customer. Aquitas Solutions takes it a step further, and views this process as flowing all the way to the maintenance expert or operator pulling the right equipment parts from inventory, and installing them at the necessary moment. A supply chain is a living and breathing dynamic process that involves the continuous flow of products and information across the various supply chain elements. This flow ends when the product or part is ultimately installed.
Learn more about our Supply Chain Management Experience and Methodology or contact us to find out how we can help with your specific Supply Chain needs.
Supply Chain Activities
- Inventory management
- Customer service
- Demand planning
- Supply chain management
We have helped our clients:
- Achieve long-term profitability
- Improve inventory management
- Implement effective SCM
- Streamline operations from end-to-end
- Optimize supply chains
- Reduce downtime
- Increase inventory turns
- Execute effective demand planning
- Increase purchasing power
- Strengthen vendor relationships
- Increase profit margins
- Ensure just-in-time parts availability
- Improve reliability