Jakim Pearson is a man who has been in the supply chain business since the late ’80s. In that time, Pearson has seen the ups and downs at his company. Considering the current crisis, America is facing with its supply chain, we thought we’d get some tips on how this issue could be addressed.
1. Look no further than your community.
At the Florida Logistics business roundtable, it was recommended that companies look to their local suppliers for inspiration on how they can become more efficient in their supply chains. This idea is to find a quality partner nearby who you know you can depend on and watch them closely. Then, by examining the way they do business, you will learn what successful operations look like.
2. Be willing to make changes.
Once you have chosen a few partners in the area who are performing above your expectations, find out what sets them apart from their competition. Are they faster? Are they less expensive? Do they offer more options or something else that is unique? Once you have the answers, determine if these traits are worth transitioning to.
3. Be willing to make sacrifices.
Jakim Pearson has cited many scenarios in which his company has had to make major changes to be more efficient and effective with its supply chain. The key here is that you don’t have to make all of the changes at once. But if you are looking for true improvement, some sacrifices must be made.
4. Get the word out there
Sometimes companies struggle to find outlets where they can connect with other businesses interested in learning their secrets of success. Jakim Pearson recommends that these companies use their local chambers of commerce or industry groups as a way to get in front of the right people.
5. Ask for help when you need it
Even if you do everything to the letter, there will still be some challenges along the way. With that being said, it’s important to ask for help when you need it. Whether this means using a logistics service provider or working with an expert who can guide you through the difficult times, seeking assistance is always crucial.
6. Keep making improvements
If you find that your supply chain is lacking, don’t stop where you are. Instead, continue to improve as you move forward. Every little change can make a big difference in the future of your company.
Now is the time for companies to take a hard look at how they operate and determine what needs improvement. By following the advice given here, you can improve your company’s efficiency and save money.
7. Don’t let yourself get overwhelmed
Any time a company starts an operation from scratch, there are going to be some growing pains. This is just the case with supply chains, but that doesn’t mean you have to allow it to get out of hand. Instead, keep tabs on your progress and stay organized by keeping notes every step of the way. By doing things like this, you will find it much easier to manage your supply chain.