SMEs seek sustainable supply chains
In a changing retail environment, many large companies in the food industry have implemented a fast, sustainable supply chain that enables them to react to changing consumer trends and spending. So in this highly competitive and fast moving sector, how can SMEs look to compete?
Often SMEs can be large enough to need an active and constant supply chain, but the problem is that they require a robust structure to help support supply and demand which they do not have.
SMEs may not have the capability to offer such a service because they do not have the warehousing or distribution infrastructure, but their smaller size can be far more flexible in adapting to new practices. In order to compete, SMEs could look to employ a supply chain specialist who could help with all the processes involved with meeting supply and demand.
An experienced consolidator could help support SMEs to compete with multi-national companies by providing them with the ability to react to consumer trends. This could also help to make their supply chain more sustainable and cost effective, helping to boost profits.
Regular deliveries to regional distribution centres can ensure that stock is available all year round which is ideal for reacting to consumer trends. It also has the added benefit of helping reduce food waste by reducing the risk of produce which may expire due to supply being greater than demand. An experienced supply chain specialist can provide a constant transportation of stock as an all-inclusive service.
Having a flexible supply chain is crucial as it can help to react to changes in trends as well as increasing stock efficiency. With retailers setting stringent requirements for suppliers such as providing a sustainable and environmentally aware supply chain, SMEs must ensure that they are doing all they can to meet these standards.
Employing an expert such as Fowler Welch would enable the implementation of a cost effective, reliable solution and enable SMEs to compete with large multi-national businesses, while meeting retailers’ requirements for a sustainable supply chain.