Optimizing Supply Chain Is The Fundamental Way For Shoe Companies To Solve Inventory Problems.
Shoe enterprises
Retailers know that their strong production capacity and highly efficient supply chain are one of the key competitive advantages of our company and other companies in the industry.
From the perspective of the entire supply chain,
Supply chain management
It refers to the business problem of how to provide products to meet the needs of customers in a complex and uncertain environment.
For the supply chain itself, its simplicity or complexity is not the problem.
Only when we redesign the supply chain model from the whole, be good at subtraction, addition or even multiplication, can we make it run more effectively and the shoe enterprises can be more competitive.
This is even more true in the global supply chain.
According to data, the operating cost of a supplier usually accounts for 55%-85% of sales.
Therefore, procurement management,
logistics
The improvement of distribution and the improvement of supply chain are very difficult to improve the profit and competitiveness of enterprises.
Optimize supply chain and solve inventory backlog.
The inventory problem of shoe enterprises is concentrated on the management of supply chain.
footwear industry
In terms of inventory problem, promotion can only eliminate pathogenic factors, while supply chain optimization management can consolidate the right and cure the root.
Supply chain management is a management idea and method of logistics, information flow and capital flow integration. Its starting point is to pay close attention to the actual needs of customers, and the relevant departments in the supply chain nodes give full play to their core competencies, forming complementary advantages and sharing information.
In the era of information economy, the fundamental way to realize supply chain optimization is to realize information pparency and break the malpractice caused by information asymmetry.
In addition to strengthening the planning and design of goods and raising the accuracy of rolling prediction as much as possible, inventory problems should also accelerate the response speed of the entire supply chain to adapt to market changes, and reduce the stock of shoe enterprises is actually equivalent to producing less marketable products.
With the increasingly fierce competition in the industry and the increasing demand of consumers for shoe enterprises, higher requirements for the quick response ability of footwear enterprises are put forward. Shoes enterprises should carefully conceive and organize the supply chain's organization and management, and focus on research and massive input in warehousing, logistics and information management systems, because supply chain management capability has become one of the core competitiveness of shoe enterprises.
Admittedly, every supply chain is made up of many stakeholders. Because of some conflicts of interest and information asymmetry, there are internal risks in the supply chain.
The internal risks include forecasting, pportation, warehousing, procurement, financial risks, etc. external risks are mainly caused by some environmental changes, such as the stagnation of production and marketing caused by economic depression. For Chinese shoes and clothing enterprises, the most vulnerable link is the prediction of market demand.
This leads to high inventories.
Another major risk is the risk of purchasing production links. For example, shoes and clothing enterprises usually take months from the order to the delivery, and the enterprises must bear additional costs when the raw materials go up.
Then, only by strengthening the supply chain management can we boost the upgrading of the footwear industry.
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