Trade tariffs, geopolitical influences, natural disasters and other unforeseeable events are all part of the global supply chain. As a retailer, you in particular face the daily challenge of ensuring the availability of your goods.
Above all, however, you are also increasingly faced with the challenge of explaining to your customers what ingredients a product contains, where and under what conditions it was manufactured or why you still stock it in view of its negative sustainability footprint. Products and the supply chain therefore have an impact on how your company is perceived and positioned by consumers.
Compliance, due to the Supply Chain Act, which is likely to come into force in 2021, and the desire for less fragile, simpler supply chains require a strategic realignment of your supply chain. In order to be able to react quickly to changes without suffering economic damage, it is essential to have an adaptable and flexible supply chain. In addition, your production and procurement costs can be reduced by optimising value-added networks.
The same applies to the optimisation of customs duties, transfer prices and sales taxes in your supply chain. By integrating new technologies into your supply chain, we also enable the automation of relevant sections of your supply chain and protect against productivity losses. For example, the implementation of real-time tracking creates increased transparency and, above all, a reduction in working capital within your organisation.