Answer to Question #266138 in Marketing for Saif

Question

ABC Ltd. company is operating in FMCG sector and company is planning to launch new product with own brand. Because of various product mix customer demand is increasing. However performance of the firm is not increased. Consider you are appointed as supply chain managers, advise some strategies to the firm that eventually increase performance.

Answer 1

Strategies to Improve Performances.

1. Optimize your company's inventory.
2. Enhance the distribution network.
3. Form a Supply Chain Advisory Council.
4. Accept and utilize technology.
5. Develop long-term supplier relationships.
6. Procedures should be reviewed on a regular basis.
7. Green initiatives should be established.