Supply chain management is the control of all the activities and production flows that take place as the raw material is transformed into the end product. It ranges from the source of the raw product through to the final consumption or discarding of the end product.
As your business grows you need to find solutions to supply chain issues that may arise, to bring increases in efficiencies in production and costs, and overall output levels.
Typical points of a supply chain that can benefit from focussed attention are:
Whether the reach of your supply chain is local or global, there are two fundamental strategies that can be implemented at every level:
For more information on this subject, go to the Managing your suppliers and customers business guide.
Most businesses in Tasmania have, at some point, experienced the challenges of doing trade on an island. With a large chunk of water separating us from mainland Australia and further global markets, we all know too well the costs of importing and exporting, in freight and time delays, which end up factored into every area of our economy.
As the size of your operations grows, so does the need for streamlined freight systems, to increase cost and time efficiencies.
Some questions worth asking, and working on for the future:
The Australian Government operates a program that provides financial assistance to shippers of freight between Tasmanian and mainland Australia. If you operate a business that is based in Tasmania and have goods produced in Tasmania for use or sale on the mainland, this program can help with offsetting the freight costs of travel across Bass Strait.
For more information go to Tasmanian Freight Equalisation Scheme (TFES)