Operations 360 minutes

Optimize Supply Chain Management

Improve vendor relationships and inventory management

About This Task

Analyze current suppliers, negotiate better terms, and optimize inventory levels.

Steps to Complete (6 steps)

1

Analyze current suppliers for performance, cost, and reliability metrics

2

Negotiate better terms by consolidating orders and building long-term relationships

3

Implement inventory management system to track stock levels and reorder points

4

Develop backup suppliers for critical components to reduce dependency risk

5

Create efficient receiving and storage processes to minimize handling costs

6

Monitor supply chain performance with KPIs like on-time delivery and quality scores

Tags

optimization supply-chain vendors inventory
hello@recoon.com Created by hello@recoon.com
4 weeks ago

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