Often the best place to start supporting a customer’s needs is through supply chain consulting, or performing a “Supply Chain Analysis.” This is the first critical step in understanding and helping to benchmark a company’s supply chain performance. Understanding existing supply chain processes, costing and metrics, and then comparing them with competitive benchmarks and world class models can provide a business platform for implementing changes at either an operational or strategic level.
Venture Global Solutions’ supply chain consulting will not only benchmark your current position, it will also provide an independent assessment of your supply chain’s “health,” along with recommendations on how to realize significant cost savings and sustainable business improvements.
Our supply chain analysis is designed to provide a wide ranging review of your current supply chain infrastructure. We possess industry leading and proprietary systems needed to enable and achieve your business objectives. Venture manages the entire process hands on. We work to understand the complexity of your supply chain, to identify the main points between your business processes and operational goals.
After an initial site visit, we will prepare and present a written report outlining best practice comparisons, key findings, areas for improvement and a review of the short and long term strategies needed to meet your objectives. The report also includes a detailed summary of your company’s supply chain effectiveness, key issues, recommended actions and recommendations on how to achieve proposed cost savings.
Venture Global Solutions is your strategic partner to provide industry leading knowledge and support in the areas outlined below.
Supply Chain Strategy
Venture’s supply chain consulting focuses on the review of the organization, facilities, operating costs, processes and efficiencies of the Client’s supply chain and logistics network. Computer modeling, simulation, and operations analysis help to determine the optimum network configuration and the drivers of supply chain efficiency.
- Benchmarking or Baseline Cost Development
- Network Modeling and Optimization
- Inbound Logistics
- Outbound Logistics
- Transportation Mode Analysis and Costing
- Inventory Analysis
- Technology Analysis
- Warehouse and Facility Optimization
- Implementation Management
Venture Project Management Methodology
- Concept Development
- Data gathering and cleansing
- Process improvement opportunity assessment
- Benchmarking Baseline
- Concept Validation
- Scenario development
- Run scenario’s
- Detail Planning
- Scope of Work
- Standard operating procedure creation
- Implementation Support
- Detailed Project Plan (MS Project)
- Project and Scope Management
Network Modeling & Optimization
Are there opportunities to work with your trading partners to reduce supply chain complexities and improve service levels for specific products / vendor product lines? Are there internal supply chain policies that impede cost-effective operations? Venture will collect the required data to perform network modeling to include: Optimal order volume by vendor, site location analysis, transportation modeling and optimization.
Are there opportunities to reduce your total landed cost of goods through improved inbound logistics strategy including order aggregation, shipment consolidation, reduced handling, backhauls, shipment pooling or cross-dock network, etc?
Are there opportunities to reduce your outbound transportation costs through improved private fleet routing? Through improved carrier rate shopping? Through order and/or load consolidation opportunities, multi-stop shipments, scheduled pickup and delivery windows, etc?
Transportation Mode Analysis
Are there opportunities to work with your trading partners to reduce supply chain complexities and improve service levels for specific products / vendor product lines? Are there internal supply chain policies that hinder cost-effective operations?
Is your company carrying the right assortment and inventory levels to achieve service level objectives? To minimize inventory assets? To minimize storage and handling costs?
Does your company have supply chain technology for warehouse management (WMS), transportation management (TMS), network modeling or optimization, carrier management and settlement, track & trace and reporting? Venture can review your existing technology to determine if you have the right applications to run your business and to determine if it is optimally configured. If there are gaps in your technology, we can provide you with what you’re missing through our suite of products or provide recommendations through our strategic partners.
Warehouse & Facility Optimization
Is your company carrying the right assortment and inventory levels to achieve service level objectives? To minimize inventory assets? To minimize storage and handling costs? Is the physical layout of your facility optimized, do you have the right technology to run your warehouse and inventory? Venture can perform a full site audit and perform layout analysis based on product volumes, order cycles, perform sequencing layout and design, sub-assembly procedures, develop standard operating procedures, etc.