Supply chain management (SCM) is the process of managing the flow of goods and services to and from a business, including every step involved in turning raw materials and components into final products and getting them to the end user.

Manage your supply chain by identifying reliable suppliers, negotiating favourable terms, and ensuring the quality and timely delivery of raw materials or components from different countries. To do this you must build strong relationships with suppliers, conduct due diligence, and manage the logistics of importing and/or exporting goods. 

Streamlining logistics, minimising delays, and maximising resource utilisation will enable your business to meet demand efficiently. 

Building a resilient supply chain is essential to protecting your businesses. Be prepared and identify the risks that could threaten or result in a broken supply chain. Potential risks include natural disasters, logistical errors, lack of raw materials, late shipments, political unrest, and pandemics like COVID-19. The key to maintaining a strong supply chain is to create an effective supply chain management system, to help mitigate the risks at play.

By optimising the supply chain businesses can cut excess costs and deliver products to their customers faster and more efficiently.

To help you with you our Supply Chain Management, join us at our new Supply Chain Workshop - Funding Available.

This workshop aims to develop an understanding of supply chain management in international trade. This includes defining supply chain management, the relationship between supply chain and logistics, effective supply chain planning and responding to problems and issues associated with international trade.

We will cover:

• Supply chain definition
• Identification of risks associated with broken supply chains.
• Application of supply chain in the global market.
• Features of large organisations in supply chain management.
• Impact of digital technology on supply chain management.
• How logistics operates within global supply chain management.
• Cross trade.
• Risk management and sustainability within the UK’s supply chain management strategy.