Supply chain management encompasses the multitude of processes and operations that transform raw materials into products and distribute those products through retail sales channels. As a result of profit pressures, the availability of new technologies, and the emphasis on value enhancement, the supply chain has been redefined and is now viewed as a strategic element offering companies opportunities for greater collaboration and cost efficiencies, improved inventory management, real-time communication, better supplier / provider relationships, and overall, operational excellence.
Global markets have made the supply chain more complex than ever to manage. So, in order to remain competitive, companies must place greater attention on improving and optimising their supply chains. Optimisation of the supply chain is particularly critical to retail and consumer products companies. R&C companies with extended supply chains are being challenged to eliminate waste, improve supplier relations, better manage inventory and be more cost efficient in operating their far-flung operations.
How PricewaterhouseCoopers can help you
PwC provides the following services to assist companies with optimising the supply chain:
- Manufacturing and distribution: We assist with import/export restraints, consumer demand and competitive pricing; and provide guidance in cost and inventory management, restructuring, distribution channels, and customer services.
- Performance improvement: Our service offerings include internal audit, behavioural transformation, human resources services, governance, risk and compliance (GRC), process improvement, risk & value management, security & technology, and sustainability services.
- Supply chain risk management: We offer protection and management of brands and corporate reputations by mitigating the social, ethical, and environmental risks across your company’s entire supply chain.
