O'Neill, one of the leading surf and snow gear manufacturers has recently announced a revamp of its supply chain management.
Citing automation and full traceability as the reasons why the brand made such changes to their supply chain, O'Neill is likely to be one of a growing number of companies now looking at their supply chain as a route to cut costs.
"Automation and full traceability of processes in the supply chain will provide better visibility for us and our suppliers," explained Hendrik-Jan Muis, operations director at O'Neill.
"Financial services on the platform are a competitive advantage that will allow us and our suppliers to reduce the pressure many companies are feeling in today's credit crisis. Our suppliers will benefit from local support, better visibility into payments, and access to capital earlier in the order process."
The issue of supporting suppliers is also one which is gaining popularity, as larger companies begin to recognise that they themselves cannot afford to let their suppliers fail.
To ensure a supply chain is managed to the best ability, outsourcing supply chain management could be the way forward.
Manufacturing and Industrial:
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